If you are like many hard-working Americans, you are planning for and looking forward to your retirement years. However, given recent events in the financial markets and a weakening U.S. dollar, you may be wondering if your planning will pay off. What if your dollars lose their buying power? You fear your retirement accounts are losing a battle with inflation. If you were planning on a safe and financially secure future or retirement, then the current state of the economy could cause you many restless nights.
Your investments in stocks, bonds, real estate, and cash are under siege. Recent events demonstrate the dangers of trusting our government, our banks, and corporate America to take care of the average worker. Financial mismanagement, business failure, and fraud combine to destroy lifelong savings. Everyone is at risk, but perceptive investors are taking care of their hard-earned dollars by transferring some or all of their funds to precious metals, especially gold.
For centuries, gold has been the preferred precious metal for investors. It has steadily increased in value and has provided a hedge against the instability of stocks and bonds. However, many Americans fail to invest in gold; they do not know what the process is or how to integrate such investments into retirement planning. With the use of a self-directed IRA, you can invest your retirement dollars into actual gold coins or bullion. These gold-backed IRAs offer individual investors a way to diversify and protect their assets.
As the U.S. economy struggles to stay afloat, it is essential that investors investigate and take advantage of ways to protect their assets. Gold-backed IRAs are top on the list of ways for investors to divorce themselves from the risky, uncertain stock market, with its unscrupulous dealings. Gold is simply the most popular, valued metal in the world. It deserves consideration in your portfolio.
Source: Gold IRA Investing