Retirement plan for self employed individuals like the Solo 401k and Checkbook IRA are known to have self directed features in which account owners can self-manage their retirement account and use the funds to invest on assets they like.
Los Angeles, CA (PRWEB) May 20, 2014
Hard hit by the great recession in 2008 had drawn back the confidence of Americans to a comfortable retirement. Now that the U.S economy is recovering and employment stability rate is strengthening, the percentage of confidence in retirement according to Gallup’s recent poll is gradually increasing for the nonretired Americans. Self employed sectors are having the same confidence as Sense Financial, top provider of retirement accounts for self employed individuals, have increasing numbers of small business owners putting up their own retirement plans.
Since 2009, confidence rate in retirement for self employed individuals and workers have been dramatically low and for the first time since 2007, comfortable retirement confidence rate rise to almost 50 percent for nonretired Americans. Aside from the rising economy, the confidence in retirement is also closely related to investors’ increased optimism in terms of personal dimension as more American investors are positive about the financial activities of their self-directed IRAs and 401ks. Most of these Americans plan to rely on their rebounding 401k accounts as a source of income during retirement years.
Retirement plan for self employed individuals like the Solo 401k and Checkbook IRA are known to have self directed features in which account owners can self-manage their retirement account and use the funds to invest on assets they like such as real estate, mortgage notes, gold and other non-traditional investment options. Investing in tangible assets have been the greater choice of most Americans these days as more people don’t want to take the risk of losing even the initial investments from their retirement accounts for self employed individuals. Just recently, real estate has been voted as the best long term investment choice for middle to high earning Americans while gold is the top choice of those who earn lower.
The non-retired Americans who are most confident to retire comfortably are those from the middle aged and younger group while Americans who are near or already at the normal age of retirement are having mixed feelings whether or not they can retire comfortably. Usually, these are the same group who plans to delay retirement by the age 65 or beyond.
Sense Financial is California's leading provider of retirement accounts with "Checkbook Control": the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more about the solutions they provide, please contact: (949) 228-9393.