During a Volatile Stock Market, Alternative Assets Can Shine a Brighter Light on Retirement Savings
Published on March 1, 2016
Afraid of the dark? Try self-direction as a retirement strategy
For people who are afraid to open their brokerage statements for fear of seeing what happened to the their IRA’s value (hoping they don’t see a plunge on those graphs), learning more about self-direction can be a great way to shine a light on their retirement savings.
Savvy investors, take note: you can invest in what you already know and understand, and build potentially greater retirement wealth, by including nontraditional investments in a self-directed IRA.
Do you already invest in real estate? How about precious metals? Do you prefer to invest in hedge funds or private placements? How about becoming a Broadway producer (as in, investor in a show) or make a loan to someone you know to open a restaurant or pay for college?
If so, and if you understand how to make these investments, you could do so through a self-directed retirement plan, and enjoy the same tax advantages of a typical retirement account. As a self-directed investor, you can take control of your future by including non-publicly traded assets in your account. You make all your own investment decisions, it’s up to you to thoroughly research and understand the asset and work out all the arrangements concerning the investment. The administrator/custodian, like Next Generation Trust Services, makes the transaction on behalf of your account according to your instructions, manages all the paperwork, and handles all the necessary reporting.
At Next Generation, we also provide education to self-directed investors to help them understand the IRS guidelines, and can answer questions about how self-direction works.
Our white paper about self-directed retirement plans will explain all the basics to you.
Our helpful informational videos can provide additional tips (check back periodically for new videos).
Ready to leave dark stock market days behind you?
Want to lighten up your future with self-directed investments? Contact our professionals with any questions you have about this strategy at 888.857.8058 or Info@NextGenerationTrust.com; or go to our Starter Kits to open up your self-directed retirement plan today.