Gold 401K

Gold Roth Ira Erisa
Gold Roth Ira Erisa

How does the average American plan for their financial future? Most of the time, the average person follows these steps:

* hires a financial adviser (who will pick the fund based off the highest commission plan for the adviser, not the best return for you)

* financial adviser invests your funds into Corporations (many of which the average person couldn’t even identify)

* Corporation is run by CEOs (who the average person couldn’t even name)

* CEO is betting on their corporation’s 5 year plan (which the average person has idea of what it is nor its outcome) being successful to create their plan for riches.

Seems like a lot of guesswork rather than a quantifiable plan, doesn’t it? 5% of Americans are considered ‘wealthy’ and 95% are not. Yet, about 95% of Americans follow the scenario listed above. This is no coincidence.

Retirement Planning is the most important type of planning a person can make, yet so few people understand what options they have and how to take control of their financial future. The solution is simple:

Step 1 – Get control of your retirement account

Step 2 – Invest in that in which you are most familiar

If you have already completed Step 1, then congratulations! You have taken the proper steps towards achiving your goal of peace, prosperity, and security in your golden years. If you have not yet self directed your retirement account, you should strongly consider being able to take control of your retirement funds.

A self directed individual retirement account, or self directed IRA, is an individual retirement account that allows the owner of the account to make investment decisions on behalf of the retirement plan.

IRAs were created in 1975 to provide individuals the opportunity to direct where their retirement funds were invested, whether it is stocks, bonds, or loans to businesses, or even purchasing hard assets, like silver, gold, or real estate. Rather than distinguishing which investments are allowed, the IRS code instead identifies which investments are not permitted under these laws. Only two types of investments are excluded under ERISA and IRS Codes (IRS Code Sec. 401 IRC 408(a) (3)):

* Life Insurance Contracts

* Collectibles such as works of art, rugs, jewelry, etc.

Step 2 says invest in that which you are most familiar.

Many people like the idea of having control of their retirement but don’t know where to invest. Real estate is tempting, but what if you make the wrong decision? Currencies? Gold or silver? What about the tumultuous stock market? While there are several options available, many people do want to have a guaranteed interest rate in return.

A SAFE Savings Account will accomplish this goal by providing the investor with a guaranteed interest rate on their money.

When you deposit money with banks, they pay you a guaranteed interest of about 1%. Then they then pool yours and everybody else’s money and lend it out at 6-12%. In this arrangement, the banks receive both the collateral and the “Lion’s Share” and pay you a puny 1% return.

A SAFE Savings account provides you with a guaranteed, higher return. While banks give you an insurance policy in the form of an FDIC certificate to secure your deposits, SAFE savings accounts provide you with collateral in the form of real hard assets, i.e., real estate.

Having control of your own money and knowing exactly what your interest rate is, is the safest way to really plan your retirement. How could anyone plan for their retirement if they don’t know what their return will be?

The good news is that it’s not too late to get started.

The Warr Investment Group offers a Safe Savings Account with a Guaranteed 8% interest rate. While the tumultuous market will have it’s ups and down, you can rest assured that your investment will double every 8.67 years. How else can you plan for retirement unless you know how much money you’re going to make? For more information on the Warr Investment Groups’ Safe Savings Account, please visit http://www.JimWarr.com.