41% of Americans said their ability to be financially secure in retirement is “going to take a miracle.” (1)
36% believe they will NEVER have enough money to be able to retire.
59% accept that they will probably have to keep working longer.
If you’re nearing retirement age, or already there and concerned that your retirement funds aren’t going to last as long as you need them, then the time to do something about it is NOW.
If you’re running out of money in retirement or are a retiree looking for a better solution for protecting your financial future, and the future of your family, there is a better way.
Gold!
Social Security? Don’t count on it!
Are you counting on social security to provide you the funds you need to survive your retirement?
Well, it’s sad to say, but you probably shouldn’t. Social security cuts are a real threat to the financial security of American retirees.
Starting in 2034, the Social Security administration will run out of the excess reserves it has. What does that mean for you? The SSA will only be able to pay out a portion of a retiree’s full benefits – just 77% of the money you’re expecting to get every month. (2)
As of 2020, around 50 million retirees collect SSA benefits. Of course, Congress is working on a solution, but who wants to trust their future to politicians?
Stocks and Bonds? Ready for even more bad news?
The pandemic, an unstable economy, and economic turmoil have wreaked havoc on most people’s retirement savings.
The stock market is always a rollercoaster ride – any investor knows that. But the last few years have proved it to be more volatile and uncertain than even before.
The bad news for retirees is that nearly three-quarters of all 401(k) money is held in stocks. In 2022, the S&P 500 dropped 22%. The Dow Jones Industrial Average – 13% down. And the Nasdaq Composite – down more than 30%.
These fluctuations in the stock market are to be expected. It’s an unfortunate fact of doing business – but for retirees, playing the stock market isn’t a hobby. It’s a safeguard against financial ruin, a savings account that guarantees they can continue to maintain their lifestyle, keep their home, feed their family, and cover medical costs well into retirement age. This is not a game for the millions of Americans who have seen their retirement accounts shrink – and shrink – and shrink some more.
According to experts, the stock market conditions have wiped out nearly $3 trillion in retirement savings in 2022 alone. (3)
401(k) plan participants have lost about $1.4 trillion from their accounts since the end of 2021. People with IRAs, including those that are 401(k) rollovers, have lost $2 trillion.
Young folks have time to ride out the waves of their rising and falling investments. But for older Americans, those who have reached retirement age already or are close, time is running out to right the ship.
What’s the Solution?
Investing in a Gold IRA!
What exactly is a Gold IRA?
IRA stands for “individual retirement account.” When you invest your money into a traditional IRA, that account is backed by paper assets, like cash. Most of the time, retirement accounts are held in stocks and bonds. It’s just the way things have been done for decades. People save their hard earned money in a retirement account with the hopes that investing that money will make it grow.
Here’s the rub – the economy, the stock market, the failures of big government – all of these things are threatening the retirement accounts of everyday Americans. Instead of earning money, lots of folks are watching their hard-earned savings and investments shrink away.
A Gold IRA, however, is backed by physical gold coins or bars.
A gold IRA is a great way to protect a retiree’s retirement account from these threats. Social security cuts, a looming recession, an unstable stock market, and anything else life can throw at you.
It’s also a great way to make a big investment in your retirement and your financial future free from government control. And what could be bad about that?
Avoid the Common Retirement Fund Risks
It’s important to remember that paper assets and volatile stock bets can be very risky. But when you invest in a Gold IRA, you’re taking advantage of a truly phenomenal way to hedge against that risk!
Why? And How?
Because gold is a physical asset that has no risk of hitting $0. Stocks and paper assets, however, can and do sometimes hit $0.
Who Should Invest in a Gold IRA?
A gold IRA is a fantastic investment for people who are looking to diversify their retirement accounts and circumvent the typical risks that come along with traditional 401(k) and IRA accounts. It helps people who want to take advantage of that hedge that gold provides compared to paper assets and volatile stocks.
In fact, many financial experts recommend keeping at least 10% of your retirement portfolio in gold!
A gold IRA is also great for people who want to be smart about their tax benefits. Smart retirees and investors know that rolling over or transferring your existing IRA account will not cause any tax implications.
What does this mean for you? Simply that you can diversify your existing retirement portfolio on a tax-deferred basis while still maintaining tax preferential treatment! The best of both worlds!
What’s In It For Me? The Benefits of a Gold IRA
- Hedge against Social Security Cuts
You’ve probably seen the horror stories in the news for years now. Social Security is in serious trouble, and it’s not something that might happen. It’s something that the experts agree is going to happen – and soon.
Hearing that your social security benefits might not be there when you need them can be frightening, especially if you’re a recent retiree.
A gold IRA can help alleviate some of these fears by giving you peace of mind. When you invest in a gold IRA, you know that you have your retirement money in a physical asset that cannot go to zero.
Don’t spend your last years worrying about the big bad government coming for your social security benefits. You don’t have to listen to the media fear mongering and scary stories of retirees left with nothing – because you’re one of the SMART retirees who invested your retirement savings in a gold IRA.
Plus, you get to brag about your smarts to all your retiree friends when they’re worrying over social security cuts. “Oh, you mean you didn’t invest in a gold Individual Retirement Account? Must be stressful!”
- Hedge against volatile stock investments
The stock market is a surefire way to protect your hard-earned money, right? The stock market has never crashed, right? Ever heard of that brilliant investor Bernie Madoff?
If you can’t tell – this is sarcasm. Most of us have lived through a stock market crash or two by now. There is no such thing as a surefire investment when dealing with the stock market.
But investing in a gold IRA is the best way to hedge against the risks that stocks can bring. Diversifying is the key to investing, and adding a gold IRA to your portfolio means you can avoid the scary situation of watching your investments disappear the next time the market gets jumpy.
- Your investment will never go to zero
It’s actually impossible for the value of your gold investment to hit zero.
You heard right – impossible.
That’s because when you invest in a physical asset like gold, that physical asset will ALWAYS exist, and it will always be worth something.
The same is not true for other assets like stocks and paper assets. They can and have hit zero. It’s not a great feeling to know that your retirement savings could go up in smoke at any moment. But because you’re one of the SMART ones, you don’t have to worry about that ever happening – because you are investing in a gold IRA!
- No tax implications for rolling over your current IRA
Already have an IRA? Boy, I hope so!
The great news is that you can take some of the capital you have already built up in those other IRA assets and roll them over into a gold IRA with NO tax implications! Congratulations! You’ve successfully turned your retirement nest egg into a golden nest egg!
- Reduce risk in your Individual Retirement Account
Not having a gold IRA as a part of your retirement accounts is probably the biggest risk you can take. Honestly, not investing in a gold IRA leaves so much of your financial future up in the air, increasing the things you need to worry and wonder about.
Will the government cut my social security benefits?
Will my stock and paper asset investments go to zero?
Will the taxes in my current IRA bury me?
Sounds stressful, right? Alleviate some of that stress by investing in a gold IRA today. Don’t wait for your funds to hit zero!
What are the risks of NOT Investing in a Gold IRA?
What is the government going to do next? And how will it affect retirees like me?
There’s no good answer to this question. Anyone who tells you otherwise is bluffing. The fact is none of us have the answer. We are at the whim of our government and under their control in so many ways. That means tomorrow they could reduce or cut your social security benefits.
Remove the government control from your life by investing in a gold IRA.
Government: 0
You: 1
Stock market crashes happen unexpectedly and without warning!
Ready for the next big stock market crash? Like, tomorrow? It could happen.
Don’t be scared – be prepared!
Life is risky – there’s just no getting around that. But now that you’re a little older and a lot wiser, you can take action and hedge your bets so that you know you’ll come out on top – even when the stock market takes that next tumble.
The perfect solution? Invest in a gold IRA! With a physical asset as a part of your retirement portfolio, you can hedge those bets. Because those physical assets cannot go to zero like stocks or paper assets.
You should spend your retirement relaxing, and traveling, and doing all of those things you’ve worked your entire life for – not watching the stock market day after day and biting your nails in worry. So, turn off Mad Money and turn on that Netflix show you’ve been wanting to binge, or crack open that novel you never finished. You will have the freedom to live your golden retirement years stress and worry-free – because you were one of the SMART ones who invested in a gold IRA!
Ready for the next recession? Is your Independent Retirement Account ready for the blow?
The recession is a trending topic in the news. As a retiree, all this recession talk can be terrifying and stressful. You don’t want to lose your nest egg because of a looming recession! That just doesn’t seem fair, does it?
But – retirees with a gold IRA have armed themselves with a golden nest egg. One that’s recession proof and won’t ever depreciate to zero. Have no fear if a recession is here – your investment in your gold IRA will see you through the other side with a smile!
What happens if all your retirement money goes up in smoke?
This thought is at the top of the list of worries for many retirees today. Retirement is already a nerve-wracking experience. There’s no denying it. So much uncertainty surrounds retirement funds. The good news is you can hedge your bets with your investment into a gold IRA!
Get some peace of mind for your retirement days by knowing that your investments are backed by real, physical assets that will always be there and will never hit zero!
How Can We Help?
BestGoldForIRA.com is your go-to advisor for all things Gold IRA. We are here with you for your retirement journey. We provide retirees with important information about gold IRAs – the information you need to make an educated decision about your gold IRA.
We provide blog posts to keep you up to date on Gold IRA news and trends, and educational topics to help you gain the knowledge you need to be successful.
We provide you our recommendations and reviews of the top choices of gold IRA companies.
You don’t have to go it alone. And you don’t have to go into your retirement years blind. We are here to hold your hand and help guide you forward. Our main goal is to make sure you have all the information you need to make the best decisions when it comes to picking a gold IRA company.
We hope you enjoy learning about your gold IRA – but we mostly hope you enjoy your retirement! You deserve it!
How to Get Started WIth Your Gold IRA
Click here for our step by step guide to getting started setting up your Gold IRA investment today!