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 or ira gold.
Why Gold investment makes sense
While there are many asset classes for retirement plans, including stocks, annuities bonds and stock, gold is the only one which doesn’t depend on any individual or institution. 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 that it reached $ 2000 in 2011. One thing is certain, the price of gold will rise more than it is now. In other words, 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 from your existing 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 exchange-approved refiners. Here is a list with the names of approved bullion currency coins. To navigate these waters, you will need to consult an investment advisor.