“An IRA can be a great tool when trying to save for retirement, with excellent tax advantages and the freedom to choose virtually any stock, bond, or mutual fund you want. But because this "freedom" can seem overwhelming to beginning investors, here's a guide to help you figure out which investments belong in your IRA.” Once you've experienced the "freedom to choose virtually any stock, bond, or mutual fund you want" look into a Self-Directed IRA and expand those choices beyond just stocks and bonds to include options such as real estate, precious metals, and alternative investments. Click here to view the rest of the article from The Motley Fool.
"Your 50s may be the make-or-break decade for retiring in your 60s. Make the most of those high-earning years so retirement may be a reality in your not-so-distant future." We would add one more thing to the article's 5 suggestions; after saving that money in your IRA invest it, perhaps in trust deeds. That investment could grow your retirement even more. Click here to view the rest of the article from Forbes.
Join us for a webinar on Apr 22, 2015 at 12:00 PM PDT. Register now! https://attendee.gotowebinar.com/register/6904327557097729025 In this introductory session we will explore an exciting and rewarding real estate investment strategy in collateralized first trust deeds. Tyler Luckey, Vice President of Business Development at Ignite Funding will outline the basics of first trust deed investing and how investors are earning 10%-12% average returns. Learn the benefits and risks of diversifying portions of your investment portfolio or retirement accounts in commercial first trust deeds. Our guest, Kaaren Hall, President of uDirect IRA Services, LLC, will share details on how to invest using qualified accounts held through a self-directed IRA. Explore how you can take control over your retirement strategies by investing your IRAs in non-traditional assets such as real estate, trust deeds or precious metals. After registering, you will receive a confirmation email containing information about joining the webinar.
"In the world of financial planning, the Roth IRA sometimes looks like the cool younger brother of the more vanilla traditional IRA. Indeed, the Roth version, first introduced in 1998, offers a number of features that look pretty attractive: a lack of required minimum distributions (RMDs), the flexibility to withdraw money prior to retirement and the ability to make contributions past the age of 70½." Is there a time when you wouldn't want to open a Roth? Click here to view the rest of the article from Investopedia.
"Before 1980, commercial real estate was invisible in institutional investment portfolios. More recently considered an “alternative investment,” today’s institutional investors typically allocate an average of almost 10 percent of their portfolios to real estate, which continues to gain a foothold among limited partners, with enduring implications for the industry. Has real estate joined the big three institutional asset classes — stocks, bonds and cash — as a permanent fourth asset class?" We think so! Click here to view the rest of the article from NAIOP's Development Magazine.
"Opening an Individual Retirement Account (IRA) is an important way for you to start funding a comfortable retirement and to help prevent you from outliving your money. If you don't have a 401(k) retirement plan at work, an IRA is essential. No less beneficial are the tax-deductions for qualified deposits to traditional IRAs or the tax-exempt earnings you can receive in retirement (from Roth IRAs 5 years old or more)." This article gives a great overview of the types of IRAs. At Ignite Funding a large percentage of our investors invest in Trust Deeds using their IRAs. Click here to view the rest of the article from Investopedia.
"By the time you reach your 30s, you will have wised up to many of the foolish money habits of your 20s. It might be just as tempting to give in to careless spending, impulsive buying and paycheck-to-paycheck living, but at least you know better now. After all, you are about halfway to retirement, and these 20 lessons will help you get there comfortably." We especially liked #7 Retirement is a reality -- and so is the need to save, #14 Investing really is important and #18 You have the power to control your financial knowledge. Click here to view the rest of the article from Huffington Post.
"The truth hurts sometimes, but it allows us to make necessary adjustments. America's retirement landscape is constantly changing as workers adapt to a new financial environment. Pensions and similar defined benefit plans are becoming extinct, while questions linger about Social Security's longevity. Unfortunately, Baby Boomers are running out of time to make adjustments. The side effects from these actions will be felt in due time. Let's take a look at three retirement truths facing Baby Boomers, according to the TCRS report." Click here to view the rest of the article from USA Today.
"Self-directed Individual Retirement Account custodians and investment crowdfunding platforms are both proliferating rapidly. There is good reason: these custodians and platforms empower investors with direct control over where their money is invested. Instead of investing IRA funds only in stocks, bonds and mutual funds, investors can now select alternative assets such as startups, peer-to-peer loans, real estate, mortgage notes, and numerous other opportunities." Click here to view the rest of the article from Huffington Post.
"With April looming, the season for individual retirement accounts is at its height. Follow these IRA strategies that have stood the test of time, while taking note of this year's new changes." If you already have an IRA, this article shares couple of updates to IRA rules and if you don't have an IRA..."Like anything else, this tool [an IRA] doesn't work unless you have one"(great quote!) this article tells you how to get started. Click here to view the rest of the article from USA Today.