Skip to content

Do You Have a Retirement Plan with Gold?

You need to have a plan that you can count on when you retire from work. This could be due to ageing or health issues. You will need a solid plan to implement after retirement, no matter what the reason. A good option in this instance is the Gold Retirement Program. You can get the gold IRA company in this sites.

Why Gold investment makes sense

While there are many asset classes for retirement plans, including stocks, annuities and bonds, gold stands out because it doesn't depend on any one institution or person for value. You can invest in gold to protect yourself from inflation and the effects of quantitative easing.

Experts predict that gold will soon rise in price per ounce to $ 10,000 and even higher. Most of them have relied upon the fact that gold at the turn of the century was valued at $300 an ounce, and it rose to $2000 in 2011. One thing is certain, the price of gold will rise more than it is now. So, investing in gold will guarantee you a high ROI (Returns of Investment).

Prepare for an uncertain future with time

There have been many retirement-plans that have failed. It is up to you to find a good retirement plan, one that gives you good returns. Do not wait to create a new IRA Gold plan. You can roll over your existing 401k and transfer money out of your current IRA. It allows you to invest in physical gold, as well as stocks of gold. In order to make the second case, you will need a third party who is responsible for managing it.

Approved Products

As per the Internal Revenue Code, there are certain standards. For gold, the purity standard (99.9%) is 0.999 with the exception being the American Eagle gold coins which are 91.6% pure. Bullion coins and bars can be purchased as long as they were manufactured by approved exchange-certified refiners. Here is a list with the names of approved bullion currency coins. To navigate these waters, you will need to consult an investment adviser.

Leave a Reply

Your email address will not be published. Required fields are marked *