Self-Directed IRA Administration Firm Shares Tips for Getting—And Staying—Rich

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Using a Self-Directed IRA is just one tool for making sure that individual's financial houses are in order, according to an article by Asheville-based American IRA.

American IRA CEO

American IRA CEO, Jim Hitt

The vast majority of people aren’t interested in wealth for wealth’s sake. They want to put aside a retirement nest egg so they can take care of themselves in their old age.

“Getting rich” seems like a distant dream to many Americans, yet having a sizable nest egg set aside for retirement is always on the minds of working people. In an article at, the Self-Directed IRA administration firm shared some of its tips for self-directing an IRA and making the most of retirement investments to get and stay wealthy.

“This idea of getting rich is as old as the American dream, and even older,” points out Jim Hitt, the CEO of American IRA and author of the article. “But the vast majority of people aren’t interested in wealth for wealth’s sake. They want to put aside a retirement nest egg so they can take care of themselves in their old age…and take care of those they love. That’s why this question of getting and staying wealthy is so important for so many people.”

But getting rich isn’t as easy as putting away some money occasionally. Diligence is required, especially on a limited income, in order to make sure that you end up meeting your retirement goals. The article notes that even experts have trouble beating the stock market. That means that opening up your retirement strategies to more diverse asset classes may be an alternative route that helps retirement investors navigate tough times.

Staying rich, says Jim Hitt, is about finding the protections you have available to you, as well as avoiding unnecessary fees from doing things the wrong way.

“There are penalties if you don’t handle your retirement accounts the right way,” he says. “In this article we explore what it means to do things the right way, and the advantages that retirement investors have when they’re careful.”

Although there are risks in any type of investment, the article is quick to point out how acquiring wealth can be made more safe through education and the proper application of a Self-Directed IRA.

About American IRA, LLC:

Click here to claim one of our 7 Self-Directed IRA guide(s).

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.

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