Protecting your retirement savings by investing in precious metals has become more important than ever in the current unpredictable economic times. With the impending threat of hyperinflation and the ever-declining value of the dollar, many hard working earners see their assets depreciate at alarming rates.
Selecting the best investment vehicles for your retirement will determine the return on investment (ROI) for your portfolio. Because precious metals such as gold and silver offer more counter to mutual funds, stocks and equities offered by company plans, they can be an excellent addition to ensuring a balanced retirement portfolio.
They say you shouldn’t put all your eggs in one basket. If you entirely invest in paper based assets such as bonds, stocks and mutual funds, you are putting your retirement at risk. Despite the slight fluctuation in prices, precious metals provide protection from uncertainties, market volatility and even total loss.
Potential for growth
Market instabilities that weaken the value of paper assets have the exact opposite effect on the value of gold and other precious metals resulting from an increase in demand for the metals as a hedge against cyclical market trends. Ideally, the prices of precious metals are expected to rise in future as they cannot be reproduced hence becoming more valuable and scarce.
History has shown that the value of gold and silver has experienced steady gains. With global interest rates slowly going on the rise, so do the prices of precious metals. In the current economic climate, investing in precious metals is considered a wise option for retirement planning.
Precious metal IRAs provide tax benefits to investors as they fall under tax-deferred income investments. Tax is only due when withdrawing investments in the form of distributions. This tax incentive gives numerous investors an opportunity to transfer or rollover their retirement benefits and save whatever would have been taxed on other types of investment.
The goal of any investor planning to retire is to live better or the same as they would today. With a precious metal’s backed IRA, you get contentment knowing your investments can help you preserve or improve your lifestyle without worrying that you may lose your life savings due to economic factors that are well beyond your control.
Precious Metals IRA Investing -Is Regal Assets Really the top Choice?
Choosing the right precious metals IRA Company is essential to the success of your investment. Regal Assets has been in the Industry for more than five decades and has made an enormous difference in the future of many investors. Owing to the complicated nature of the process, the company also helps individuals to rollover or transfer their retirement savings into gold backed IRAs.
Online reviews and rankings reveal that Regal Assets has one of the best track records in the precious metals industry. The company has an astounding A+ rating with the Better Business Bureau not to mention top ratings across some of the most trusted third party review sites and firms such as the Business Consumer Alliance and Trustlink.
Regal Assets also boasts a hassle free sign up process with no setup costs. The company also has a low annual fixed fee, a unique by back guarantee and secure storage for your precious metals. When it comes to customer support, the company endeavors to provide round the clock support for any prospective and existing customers. Support staff are always ready to provide much-needed help to those who need it.
The Bottom Line
At the end of the day, a lot of thought must go into investing in precious metals for your retirement strategy. What are your intentions with the gold and silver? How do you plan to keep it? Gold can provide a valuable boost to your portfolio, but you have to be selective in order to get the most out of it.
And finally you deserve to enjoy the fruits of your labor after putting decades into your job. You deserve more financial stability. You deserve to have a say when it comes to your retirement funds. Finding a good Gold IRA Custodian to help you in your investment strategy’s a decision that you won’t regret.