Saving Versus Doing in Retirement

At some point or another your mind will wander and dream about the future. Where will I live? Where will I vacation? What will my career look like in 5, 10, 15 years? Eventually, you will reach the end – retirement – and you will consider the lifestyle you want to live once there. But how will you get there?

“Ideally, you’d start saving in your 20s, when you first leave school and begin earning paychecks,” says CNN Money’s Ultimate Guide to Retirement.

Thinking about saving for your retirement is one thing, actually socking the money away each week, month, etc., is another. Even if you make it into the savings finals, where you’re able to put aside a regular enough amount of money, you still have to figure out how to make it grow. Like most of the population, you will consider the most popular options: stocks, bonds, and mutual funds. But there is an entirely different approach that allows you to take that savings and invest it in something you can actually learn about or are already an expert in. You can self-direct your retirement account into any investment not prohibited by IRS code (which is, in fact, a very short list that basically just says “Collectibles”).

A self-directed IRA allows you to manage your retirement account and invest where you see fit instead of having someone, or just your employer, do it for you. Are you a self-proclaimed real estate mogul? A thoroughbred racehorse breeder? An agriculture enthusiast? All of those investments are options within a self-directed IRA. Self-direction allows you the peace of mind to know where your money is going and how it is growing at all times. Don’t trust the stock market? Don’t worry, just trust yourself.

With a self-directed IRA through NuView, your investment options are virtually limitless: You will have the freedom to get creative with your investment choices. A self-directed IRA opens up a whole range of alternative assets that can be purchased inside an IRA. Call 407-367-3472 today to learn more! And, check out our upcoming educational seminars and webinars to expand your knowledge.

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