As an average citizen, the last thing you think about when it comes to your retirement is the mix of investments you have. Of course, you know that you are supposed to diversify, so you’ve spread your money around a little so that not all of it is in any one investment. However, you probably haven’t read any of the prospectuses or have any idea whether or not you are invested in stocks, bonds or other investment vehicle. The one thing that you are probably pretty sure of, however, is that you aren’t invested in gold.
Now, why would that be?
It’s most likely because your 401k doesn’t offer gold as one of its choices in investments. Because, if it had been, you probably would have bought some. Wouldn’t you? The truth is that while President Clinton made it possible to invest in gold and other precious metals as a retirement savings strategy, few 401k managers made gold an investment choice. The good news is that there are options that allow you to select gold as an investment option.
So, why change to a gold 401k?
Gold 401ks, unlike other investments, has the unique ability to retain its value when markets aren’t doing well. Not only that, but the worse the financial markets do, the better gold does, actually increasing in value rather than taking a nose dive like all of your other investments. This means that if you have gold in your retirement investment portfolio, your account will keep its value rather than losing money, which isn’t something that any other 401k can say. You will probably remember the devastation that most people experienced during the most recent global recession. You could have avoided the loss of value in your 401k if you had put gold in it.
What’s more is that even when markets are good, gold will not lose value. While it won’t increase in value exponentially like your other investments do in a good financial climate, it will steadily increase, meaning that your retirement account will be able to not only retain its value in every financial climate, it will also gain value no matter what the markets are doing.
So, if you are ready to put gold in your 401k, the first thing you need to do is to contact Goldco Precious Metals and start the process of opening an account. Their friendly, knowledgeable representatives will walk you through the process including helping you move your money from your risky 401k and putting it in your new gold 401k through a process known as a gold 401k rollover. The entire process takes approximately 3-5 business days to complete. To learn more about the benefits of putting gold in your IRA or to explore other IRA options available through Goldco Precious Metals, please visit https://goldco.com/knowledge-center/retirement-planning/401k-rollover/. It might just be the most important decision you’ll ever make regarding your future. Visit today. You will be glad you did.
A gold 401k may be the missing piece of your retirement savings puzzle that you’ve been looking for. Visit today to learn more about the benefits of owning gold.