Los Angeles, CA (PRWEB) April 24, 2014
These days, people are becoming more and more cautious when the topic is about their retirement, particularly those who have their self employed retirement savings. Majority of small business owners choose not to put their hard earned money in retirement investment options that could not guarantee safe and secure retirement savings. Solo 401k self-directed retirement plans for the self employed is the answer to this rising issue. Majority of investors would want their initial investment and their retirement contributions secure even if the returns are low rather than to invest their retirement savings in a market that has equally high risk and returns which can either double their initial investment or leave them with nothing at all.
Unlike the traditional 401k and brokerage based retirement plans, the Solo 401k self directed retirement accounts provide investors with investment vehicles that are not susceptible to risky results. Solo 401k promises to be the best retirement plan for self employed individuals by offering stable retirement income and a secure self employed retirement savings through the tangible assets it provides such as real estate, gold, tax liens and tax deeds, loans, businesses and other non-volatile investment options that have less or zero risk compared to stock market investments.
On the first quarter of 2014, Gallup released its Investor and Retirement Optimism survey and revealed that 64% of investors prefer investments with low returns for a guaranteed secure initial investment. Only 33% chose high growth potential investments but with the risk to lose their initial investment. The survey also shows that most young workers with age ranging from18 to 44 share the same preference of a risk-free retirement planning. Even investors with higher value of assets, either men or women, also avoid risky retirement.
Using the self employed retirement savings on some of the Solo 401k investment options don’t always give investors low returns. In fact, some of the investment options provided, specifically real estate investment, could even yield higher earnings to an individual’s account compared to traditional investments.
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 information about Solo 401(k) for self-employed real estate agents, please visit http://www.sensefinancial.com.