American IRA Offers Retirement Tips for Baby Boomers In Their Latest Blog, "Baby Boomers and Retirement – Is it Time to Diversify"

Share Article

This blog offers retirement tips for baby boomers. At this time in their investment cycle, when they are soon to be converting their portfolio from a value appreciation strategy to an income-producing strategy, low interest rates actually begin working against them, not for them.

American IRA CEO

American IRA CEO, Jim Hitt

A retirement tip for baby boomers that this blog offers is that now may be the time to think about diversifying into some other asset classes – ones which are not tied to stock market or broader interest rate risks.

Jim Hitt, CEO of American IRA, offers retirement tips for baby boomers in his latest blog, "Baby Boomers and Retirement – Is it Time to Diversify". Baby boomers and retirement are a hot topic now that many baby boomers are in or nearing their retirement. This is the group of people that were born between the years 1946 or so, and 1964. As this blog state, they should be thinking very hard about retirement. And indeed, they had quite a tailwind to help them out over the years: An unprecedented bull market starting in 1983, just as most of them were getting serious about investing in their 401(k)s, strong appreciation in home prices over the years, and a lot of years of much higher interest rates and dividends – and returns on investment – than they have now.

An interesting fact this blog points out is that of those who are semi-retired or fully-retired already, 84 percent report that they are, indeed, prepared for retirement. Out of the set of all baby boomers, 71 percent are reporting that they are prepared for retirement.

Another interesting fact in this blog is that baby boomers have also benefited from a broad bull market in both stocks and bonds – at least up to this point. With the Dow hitting a record close of 17,156.85 as this is being typed, and interest rates still near historic lows boomers seem to have received nearly every break in the book.

A retirement tip for baby boomers that this blog offers is that now may be the time to think about diversifying into some other asset classes – ones which are not tied to stock market or broader interest rate risk, for example, or which offer better prospects for income, capital growth, or safety. That’s where self-direction comes in: By rolling assets in their IRA or qualified retirement plans over to a self-directed IRA, they can begin moving into some alternative asset classes that haven’t already experienced a huge run-up, and consequently may be less exposed to risk at this point. Some examples of areas of diversification are: rental real estate, commercial real estate, house flipping projects, farms, ranches and racehorse breeding and training businesses, partnerships and LLCs, tax liens and certificates, hard money lending, private equity, venture capital, and so much more.

To see more of the areas of diversification and to read the complete blog, click here.

About American IRA, LLC:

American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their certified IRA services professionals. Enjoy the value with one low annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched, with quick and efficient processing within 48 hours.

American IRA services thousands of clients and has over $300 million in assets under administration.

American IRA was built by investors for investors, and brings their successful investment experience to the table, providing excellent educational material showing the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

American IRA is conveniently located in Asheville, NC and Charlotte, NC, and serves clients nationwide.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Sean McKay
@iraexpert
Follow >
American IRA
Like >
American IRA, LLC

Visit website