Are Americans on Track to go Broke?
Americans Aren’t Breaking the Retirement Bank... But They Can Get on Track with a Self-Directed IRA A 2018 Retirement Savings survey by GOBankingRates found that American adults on average are not doing well when it comes to saving for retirement. While...
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Are You Planning to Work Longer to Fund your Retirement?
Your Plan Might Not Succeed As we’ve noted in prior posts, Americans in general are not saving nearly enough for retirement. Although people think they’ll work longer to put money in their retirement plans, it turns out that they often miss that mark....
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Retirement Savings Fall Short of What We’ll Really Need
When we’re working, we are acutely aware of how our income matches up against our cost of living. But what will that cost of living be when you’re no longer working? If you’re planning on retiring, it’s more than you think and you may not be as prepared as...
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Will Millennials Have Enough Money to Retire with Confidence?
Save, save, save—early, often, and enough for your future retirement. It’s sound advice but are younger workers following it? Saving for retirement is a challenge for many younger workers, who are faced with student debt and are trying to establish...
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You Can Take it With You – Use Your 401(k) to Fund Your New Self-Directed IRA
Analysts forecast that within the next five years, assets held in IRAs will nearly double those in 401(k) plans, with IRA assets growing to $12.6 trillion by the end of 2022—up from $9.2 trillion at the end of last year. Assets in 401(k)’s in the US. are...
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Want to Invest in Real Estate Without the Need for Big Bucks?
Try Investing Through a Self-Directed IRA Individuals who are starting out as real estate investors are often concerned about lack of investment capital. With relatively limited funds, they don’t want to plunk down the whole amount on one property, or...
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Don’t Fall for these Financial Scams!
Financial scams—via phone or email—are rampant, and are costing unwitting recipients a lot of money. Unfortunately, the days of the Nigerian prince email scam are not quite over (it persists in other guises) and hackers and con artists are phishing in new...
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Watch Brittany Pickell, Next Generation’s Director of Marketing and Sales, in her Interviews about Self-directed Retirement Plans on Asset TV
Brittany Pickell, director of marketing and sales for Next Generation Services, was interviewed in June 2018 on Asset TV, a financial services video platform. She discussed building retirement wealth through self-directed retirement plans, alternative asset investing,...
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COLA is up – and so are Retirement Expenses. A Self-directed IRA Can Help You Keep Pace.
The Social Security cost of living adjustment (COLA) for 2019 is predicted to be higher than usual, at more than three percent (it was two percent in 2018); this would increase the average monthly Social Security benefit of $1,300 by about $39. The...
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Triple Tax Advantage in HSAs
Growing Interest in HSAs Their Triple Tax Advantage Makes Them Attractive Investments for Retirement As we wrote in a prior post, health savings accounts (HSAs) have been growing in popularity as a way to cover qualified medical expenses (for individuals...
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Should Millennials Pay off Student Loans First, Before They Save for Retirement?
With the right planning, millennials can pay off student loans and save for retirement through a self-directed retirement plan Even though many millennials feel pressured to pay those student loans first, this is not necessarily a chicken-or-egg question....
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A Look at Emerging Industries for Self-Directed Investments
Tech-related and social factors are making the emerging cannabis, data security, blockchain and electric vehicle industries attractive to self-directed investors.
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GE’s Fall off the Stock Market Cliff – a Lesson in the Value of Self-Direction
Over the past year, the value of General Electric Co.’s stock experienced a $140 billion drop. To give you an idea of the significance of this epic decline on the stock market, a Wall Street Journal article reported that this “was twice the amount that...
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