Start Self-Directing Early | Self-Directed Retirement Account Planning With NuView Trust

Nick Bond and his father Greg from “The Property Management Guys” share their thoughts on self-directed retirement account planning and early investing for a better retirement.


Plan Your Retirement Account Early

Nick Bond started our interview by commenting on his friends’ lives and corporate-planned retirement 401Ks and IRAs.

In this way, his friends represented the younger generation who need to get serious about planning for retirement. 

“A lot of my friends are married, they’re having kids, and a lot of them do work in that corporate world.”

Nick then detailed how he has “a ton of friends that – right now in their careers – are bouncing around from job to job.” 
His best advice to them to start building retirement wealth is to take advantage of those transition periods: “for most people in general, that’s the only time that they can maybe roll over to self-directed from their company plan.

Self-Directed Retirement Account Planning is Smarter

For most people, retirement accounts begin and end with their corporate jobs. But those generic 401Ks and IRAs greatly limit an investor’s options.

Fortunately, with a self-directed IRA held by NuView Trust Company, you can unlock the full potential of your retirement funds.

Nick himself noted that, if you move your company-planned retirement accounts to be self-directed, “you can still invest in those 10 options that you have, but also you have the option to invest in almost anything else you want.”

Then, his father Greg chimed in: 
Find an asset that’s going to generate that much cash. Then let the income from that asset pay for that [new asset], and then we’re good and you’re continuing to generate wealth.”

A Better Goal

Nick explained how witnessing his father’s success (with his self-directed IRAs) as well as other retirement-age people impacted him:

“Something that really made an impact on me when I first started was a lot of these [older] guys. I saw my dad, and other people… have that flexibility with their work schedule, to be there for their kids, go to their games, that type of thing.” 

That kind of financial success brought freedom – in the form of time. These real-life examples of success with self-directed retirement accounts allowed these people to spend more time with their families and even attend more of their children’s activities.

That’s something that I really wanted to focus on when I was making those decisions right out of college. ‘I want to get married. I want to be able to do those things. How can I get there?’ 

I think self-direction is definitely a part to play in that.”

Start Self-Directing Today!

At NuView, we want our clients to succeed. We believe that, with self-directed investing inside of your retirement accounts, you too can have more time for what really matters.

So give us a call at NuView Trust Company;  don’t let standardized plans dictate the value of your retirement account!

And stay tuned for more continuing education about self-directed IRAs.

If you have any questions, contact us at NuView.

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We love to provide investors the true story of what’s possible inside of an IRA, and possible inside of a 401k.

See you soon!


Video Transcript:

Nick Bond: 

“I have a ton of friends that – right now in their careers – are bouncing around from job to job. For them, and for most people in general, that’s the only time that they can maybe roll over to self-directed from their company plan. 

I always tell them: ‘What do you got to lose? If you roll it over and self-direct it, you can still invest in those 10 options that you have, but also you have the option to invest in almost anything else you want.’

So there’s really nothing to lose there by starting a self-directed retirement account.”

Greg Bond:

“Find an asset that’s going to generate that much cash. Then let the income from that asset pay for that [asset], and then we’re good and you’re continuing to generate wealth. 

I like Nick’s advice to his friends, especially on taking that 401k money and moving it into a self-directed environment.”

Nick Bond:

“I think a lot of people that are my age are starting to get to the point where they’re getting married. 

A lot of my friends are married, they’re having kids, and a lot of them do work in that corporate world. 

I think doing that self-directed [investing] gives you a lot more opportunity to make the investments that you want to make and grow a little bit faster than some of your peers – they are limited in their options through their corporate 401ks. 

But I think the other thing it offers too, is flexibility. You get enough and you get to the age 59 ½ and maybe you have the retirement account set – so now you can focus on other things. It might even give you more time with your family and kids down the road. 

Something that really made an impact on me when I first started was a lot of these [older] guys. I saw my dad, and other people at conferences we went to, have that flexibility with their work schedule, to be there for their kids, go to their games, that type of thing. 

That’s something that I really wanted to focus on when I was making those decisions right out of college. ‘I want to get married. I want to be able to do those things. How can I get there?’ 

I think self-direction is definitely a part to play in that.”

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