It’s hard to believe that 2017 is coming to a close, but it was a certainly an exciting year for Next Generation! Check out our December newsletter!
A health savings account (HSA) is another type of tax-advantaged, retirement plan that can be self-directed, and comes with multiple tax advantages. In addition to enabling owners to save pretax dollars and use them to pay for more immediate medical expenses, they can also be used as a savings vehicle for future medical costs following retirement.
In a new study from Allianz Life Insurance Company of North America called “Generations Ahead,” 72 percent of baby boomers reported feeling financially prepared for retirement. This optimistic figure is nearly 15 percent higher than the number reported in 2010.
As reported in a recent Nerd Wallet study, it turns out that younger millennial Americans are actually saving money for retirement and are doing better than older generations in that regard.
Did you know that you can make investments in hedge funds through a self-directed IRA? It’s one of the many alternative investments allowed in these types of retirement plans. And it is big business.
Real estate maintains its value long term—in spite of short-term market fluctuations – because it’s finite. As a result, property becomes a valuable investment and when it comes to your retirement portfolio. When done right, it can really pack a punch.