Everything you need to know about retirement planning

Choosing the right retirement plan is the first and possibly the most important step in ensuring financial freedom. To my surprise, I recently discovered that most people, over 90% of them, stick to traditional retirement accounts that give very little return on investment. Only a very small number of people make the right decisions and earn a lot even when the economy is bad.

What do these people do that most others don’t?

We’ll see.

For higher returns, invest your money the right way. Just because the economy is bad doesn’t mean you can’t make money. There are markets that offer consistent returns even now. You need to detect them. This is where careful retirement planning makes a difference.

The most important thing to understand is to invest your funds in the right investment option at the right time to make money. In order to do so, you must have your retirement funds in a self-directed IRA (individual retirement account).

Most people stick to their traditional 401K and 403b retirement plans and get small returns. When I researched the topic and tried to figure out why most people don’t look into self-directed retirement accounts, I discovered two important reasons.

1. People are unaware of the fact that they can actually purchase a self-directed retirement plan.

2. Some people are afraid to make transfers from their traditional retirement accounts because they aren’t sure they can make the right investment decisions.

Let me make one thing very clear. Traditional retirement accounts like 401Ks and 403bs are just as risky as self-directed IRAs. The money in your 401K or 403b is usually invested in stocks and bonds, and your funds could be depleted in the event of a bad economy. In fact, it is already happening now. So go for a self-directed IRA without worrying about the risk factor.

Also, if you invest your money in real estate, one of the many investment options available in self-directed accounts, you don’t have to worry about the risk factor at all. Unlike stocks, real estate is a safe option and can also bring you consistent returns.

So if you want to play it safe, leave the stock market to the experts and opt for simple but profitable options like real estate. It’s as simple as that.

There you have it guys.

You know the options you have and you know which one is good for you too.

Now is the time to act.

Choose the right investment plan today and enjoy financial security for the rest of your life.

Taking into account the current economic environment, select Turnkey Real Estate IRA Solutions it may be the best investment strategy for building your retirement wealth.