New Year, New Retirement Savings Strategy

Published on January 21, 2015

Many people make New Year’s resolutions that seem practical. This is the year I will (fill in the blank):

One resolution that you should put at the top of your list is saving for your retirement.
Like any New Year’s resolution, it is all about starting early. According to Alicia Munnell, director of the Center for Retirement Research at Boston College and co-author of “Falling Short: The Coming Retirement Crisis and What to Do About It,” the golden age of retirement is over. Munnell and her co-authors assert that retirement security in the 21st century is challenged by increasing life expectancy and high health care costs. Therefore, Americans must adjust their practices and expectations.

Make Your Resolution Stick

Here are some easy ways you can stick to your resolution and ensure that your golden years are truly golden:

Freedom of Choice

Investors who want to have a stable and secure retirement know that a self-directed IRA can be a great way to build retirement wealth more aggressively. With a self-directed retirement plan, informed investors have the ability to develop a diversified portfolio that they control, with both traditional and nontraditional assets they know and understand. If you are already investing in these alternative assets outside of your existing retirement plan, why not resolve to build a potentially more lucrative nest egg through self-direction? It’s easy to get started with a call to Next Generation Trust Services.

As a self-directed IRA administrator, we handle all the details of the transactions and manage all the paperwork and filing. Our professionals are available to answer questions about self-directed retirement plans and our transaction specialists ensure you are investing within IRS guidelines.

Contact Next Generation at (888) 857-8058 or to learn how to open a new self-directed retirement plan in the New Year.

Or, read through our Starter Kits for more information. 

Click here for more information about self-directed IRAs.

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