Make Your Self-Directed Retirement Savings Greener
Published on March 24, 2015
Spring is fast approaching and the grass will be greener soon. And, with self-directed investments, your retirement savings can be greener too.
Passionate About the Environment
If you are passionate about the environment, reducing your carbon footprint and active in your community, you don’t have to park your ethical consciousness when considering your retirement investing options. You can do well, while doing good.
For those with self-directed retirement plans who want to invest responsibly, the sky’s the limit. You can have it both ways—minimize your impact on the earth but maximize your return on your retirement investment with alternative assets in the green energy sector such as solar energy, biofuel, water power, wind energy and more. Here’s how:
- Invest in a private company that shares your passion. Consider investing in a commodity like a solar or tree farm.
- Include natural resources such as energy, oil and gas in your self-directed IRA—it’s something that people have been investing in for years and you can, too.
- Look at investing in energy-efficient housing or eco-friendly businesses.
- Consider investing in companies that make products that help save energy, protect our environment and ensure that we all have a healthier, greener planet.
Protect the environment, grow your self-directed retirement savings
Yes, minimize your impact on the environment but not at the cost of a comfortable retirement. With alternative investment options, financially savvy investors can diversify their self-directed retirement plan and experience tax-advantaged, long-term growth.
In fact, a self-directed IRA can be a great way to build retirement wealth more aggressively. This investment vehicle allows individuals to invest in what they are passionate about. They can follow their hearts (and minds) by investing in nontraditional assets (like all those in the green energy sector) that are not allowed within typical retirement plans.
At Next Generation, our professionals are available to answer questions about self-directed retirement plans and the types of nontraditional investments allowed in these plans. Our transaction specialists ensure you are investing within IRS guidelines. Since we do not give investment advice, we strongly recommend you consult your trusted financial advisors about your investments and any tax implications they have for your unique situation.
Do your part to combat global warming and pollution. Explore alternative investment opportunities that safeguard our ecosystem, while protecting your financial future.