Whether you are about to retire or you are just thinking of the available options once you retire, you probably are already analyzing the best choices when it come to income generating opportunities when you finally stop working. Most people are looking towards gold as a very good investment because its price has been going up for the past couple of years. In fact, retirees are now setting up gold IRA accounts because they are aware that having gold 401k would work to their advantage.
Just imagine, with IRA gold you could receive a return on investment of more than 200% in just a few years! Statistics show that if a person invested about 10,000 in gold coins in the 1970s, the amount would have upped by a whopping 5000% by now! It’s no wonder then that a retiree or would-be retiree would be more inclined to consider gold IRA transfer because it’s more profitable.
With the rate the value of gold is going, it is the most feasible option especially when you are looking at long-term benefits. Even if you’re still a long way off from reaching your retirement age, it would be a smart decision to open a 401k gold account.