How to Choose Self-directed Retirement Plans for Your Future?
Financial planning is an important aspect of real estate investing, and most of the realtors pay special attention to it. However, when it comes to retirement planning, we often prioritize other financial responsibilities instead. It’s critical to understand that you’ll need at least 80% of your current income to maintain your current standard of life during retirement. The good thing is that there are retirement options that allow you to accumulate retirement savings at a heightened rate. Self-directed retirement plans offer the freedom to invest in alternative assets, including real estate, mortgage notes, tax liens/deeds, precious metals, private equity, personal lending, and even the traditional stock/bond investments.
In order to help you choose the best self-directed retirement plan, our team has put together a small Infographic, comparing an SD IRA, IRA LLC, and a Solo 401k plan.
Infographic: Choosing self-directed retirement plans
Self-Directed IRA Plan: How These Investors Built Their Retirement Home In Belize
June 2, 2017 @ 7:15 am
I didn’t know that you would need 80% of your current income to maintain the current standard of life during retirement like you said! I’m going to have to look into some of the options you talked about to help us save some extra money while we’re retirement planning. Maybe my wife will be interested in using a retirement planning service to help us get things lined up for the future!