After the last stock market meltdown, many hardworking Americans have been hesitant to reinvest their nest eggs. And it’s no wonder: countless investors who were planning for retirement have seen their portfolios eaten away over the last decade, negating years’ worth of gains, sometimes in a matter of weeks.
Today, many are choosing not to invest altogether, instead keeping their money in savings accounts or low-yield CDs. But is this really the best or most secure way to plan for your retirement?
Depending on your situation, it may make more sense to invest in a precious metals IRA – a government-approved retirement account backed by physical gold, silver or other precious metals. This type of account allows you to continue to enjoy the tax benefits of a government-approved retirement account, while also adding unique protection to your savings.
Is a precious metals IRA right for you? Here are some things to consider:
1) Protect against the declining dollar: the next big threat to your savings
It’s no secret that the Fed has continued to print more money in an attempt to “stabilize” the economy – but these actions are devaluing the dollar. Many believe current U.S. monetary policies will lead to a disastrous crash of the dollar, all but destroying Americans’ purchasing power in the years ahead. Keeping your money in a savings account will not protect you from these risks.
Investing in precious metals provides unique protection against the declining dollar and inflation for the simple reason that you can’t simply print more gold and silver. In fact, when Fed policies cause the dollar to decline, this tends to increase the value of precious metals.
2) Avoid stock market volatility
An investment portfolio full of stocks and mutual funds will always be exposed to the risks of stock market volatility. And with so much uncertainty still surrounding the global economy, investors may be in for a bumpy ride ahead. With a precious metals IRA, you can avoid stocks altogether and thus add more security to your financial future.
3) Invest on your terms
When moving your nest egg to a precious metals IRA, you don’t s don’t have to put all of your retirement savings into the account. You can allocate your funds however you choose. So, if you prefer to hold on to some stocks, mutual funds, or other types of investments, you still have the flexibility to do so.
4) Easy rollovers from other retirement accounts
If your retirement savings are currently held in a 401k or IRA, you may be able to roll it over into a precious metals IRA. The process is simple, and Birch Gold Group can assist you with every step, including the paperwork. Keep the tax benefits of having a government-approved retirement account – but get rid of the anxiety.
5) Don’t neglect your future
Whether you are only a few years from retirement, or decades away, the actions you take today can play a major role in the security of your financial future. Don’t let your worth get taken away by the declining dollar, the stock market or other factors that are beyond your control. Safeguard your retirement today with a precious metals IRA.
Have questions? Need advice?
The Precious Metal IRA Specialists at Birch Gold Group are happy to help. Contact us today to find out if investing in precious metals can add security to your retirement. The process of opening your account, or rolling over funds, is simple, and we will walk you through every step. Our knowledgeable specialists will listen to your needs and can make personalized recommendations based on your financial objectives.