The Real Estate IRA might just be one of the best ways to diversify out of the stock market and feel more secure about your retirement plans…yet there are many investors across the country who have yet to even get started with this type of retirement account of their very own. Some are hesitant because they’re not sure about the real estate market…and others don’t know what constitutes “ideal timing.”
But if you want to build a secure nest egg for your retirement, the ideal time to take action is now. Not only will taking action now help you to find answers to some of the most common questions out there, but it will help convince you that the best answer for your retirement investment questions was standing in front of you the whole time. Let’s take a look at four of the most common signs that it might be a good idea for you to consider a Real Estate IRA as well:
#1: You’re interested in a Real Estate IRA because you’re not satisfied with the stock market.
Conventional wisdom dictates that you put a majority of your money in the stock market, watch it grow over time, and call it a retirement. But are things really that simple, especially if you don’t have as many years before retirement as do twenty-year olds out of college? Some portfolios are rightly less tolerant to risk.
Securing real estate investments through your IRA won’t remove you from economic woes, but it could give you something to fall back on when the stock market tanks. True diversity isn’t just about what kinds of investments you have in stocks—it’s about where else you look for security, as well.
#2: You’ve had it with bonds.
Bonds are seen as one of the top ways to secure a retirement income for yourself—but they’re not the only way to secure an income. Sure, bonds are dependable and highly predictable. But there’s an opportunity for growth as well as income if you turn to a Real Estate IRA and consider how a regular rent check might help you live through retirement on a worry-free basis.
#3: Retirement is coming up and you need a source of income.
Speaking of income—if you need it quickly and need to turn a larger amount of liquidity into an income, real estate should be one of your first considered options. Why? Because an investment in profitable real estate is one of the best ways to ensure that you start generating income in time for your retirement. With enough real estate secured in your IRA, you can have plenty of income to live off of and continue to build wealth if the real estate market is improving. This gives you plenty of financial freedom—even if you need to achieve that financial freedom quickly.
#4: Your portfolio isn’t diversified.
If your portfolio is all in stocks and you find yourself fretting every time you check the tickers, maybe it’s time you consider a different kind of investment in your retirement portfolio. That isn’t to say that you should abandon stocks, of course. But stocks should not be the end-all-and-be-all of retirement investments.
Check out our section on Real Estate IRAs if you’re interested in learning more about the advantages you can employ in a Real Estate IRA. You’ll be surprised at how secure your money really can be through a Real Estate IRA—and if you have any questions about it, don’t hesitate to contact us at 1-866-7500-IRA(472) to learn more about Self-Directed IRAs and how they can help you manage a secure retirement nest egg.