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Gold IRA Buyers Guide

Real Estate Broker's Guide For Retirement Planning

In the United States today only 3% of the population is in a position to retire in the style they're accustomed to. That is one sad statistic. People looking forward to the "Golden Years" hoping to relax, travel, generally enjoy the fruits of their 40+ plus years of labor are being forced to reevaluate their plans and expectations. The dream retirement of all those years has become increasingly blurry and confused, no longer a guaranteed reward. I'm going to share with you a "secret" that may help to bring the dream of retirement back into proper focus.

I have been working with SDIRAs since 1997 and have worked with numerous investors who have funded real estate loans and have acquired real estate through their SDIRAs. I will later share an example of a real estate loan investment and an investment property purchase. But I don't want to limit your thinking to real estate only. SDIRAs offer many opportunities in many areas in which people are completely unaware of. Many people have highly specialized education, knowledge, or job skills that may be a perfect fit within the guidelines of SDIRAs. As a real estate agent you have acquired tremendous skills that you can put to work. You have acquired vast knowledge of the real estate marketplace, interaction with buyers and sellers, communications with fellow real estate agents and many other resources to draw from. You may also be self-employed and run your own business or plan to in the future.

IRAs can be used to start a new company. An gold IRA Buyers Guide can invest alone or with others in the private stock of a new startup company. The execution of this plan should be reviewed by a qualified attorney because if not properly done this may be disallowed by the IRS plus incur extreme tax penalties. Please no shortcuts, this must be done within the guidelines provided by law.

A very smart and later very wealthy individual used his $1,800.00 Roth IRA to invest in a private internet company. The company was very successful and grew into an entity that was worth hundreds of millions of dollars. The ultimate benefit the individual received is that any investment that is within his Roth IRA is tax free once he turns 59 ½ and starts withdrawing the funds. As you may know Roth IRA contributions are "after tax" dollars which allow you to then later, after 59 ½, withdraw from the Roth IRA without having to pay income tax on the distributions. A traditional IRA allows for a tax write off when you make the contribution, but when you start taking distributions the distributions are taxed as ordinary income. Talk about the ultimate use of a SDIRA.

The second story was shared with me by the owner of a Custodian company that I've worked with for many years. A doctor invented a specialized device and purchased the patent in the name of his Roth gold ira reviews.Of course the doctor obtained the best legal and tax advice available which enabled him to make use of his existing Roth IRA. The doctor, with the use of attorneys and his Roth IRA, will save an incredible amount of tax dollars and have millions in his Roth IRA when he decides to sell the patent in his Roth to retire and enjoy the "Golden Years".

These are only three successful uses of SDIRAs. There are many others, like the individual who invests in annuitized lottery winnings that he purchases at a discount from lottery winners or the woman who purchases gold bars within her SDIRA. The purpose is to open your eyes to the possibilities that are available and give you a better awareness of what may be available to you with the use of SDIRAs.

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