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Self Directed IRA Articles

Crush Financial Stress with this Strategy

Posted by Jack Callahan on May 31, 2018 8:00:00 AM

As you may already know, when people feel stressed, they turn to unhealthy habits such as poor eating, smoking, drinking, and often lose sleep. Your health today will directly impact what your future quality of life will be when you retire. And, the financial decisions you make now are important to enjoying financial freedom in your retirement years.

The clock’s ticking as you get closer and closer to your retirement. Are you anxious? Stressed? Inshutterstock_680886328-592745-edited denial? Guess what? You’re not alone. According to APA’s Stress in America survey, 62% of Americans report feeling stressed about money. We’d all like to retire with wealth, but many of us are unsure how to achieve that goal.

As tempting as it may be to pretend you’re not growing older, it’s not working. Every day brings you closer to retirement, which has many Americans feeling literally sick. Cambridge Credit Counseling Corp reports two of the most common side effects of financial stress are anxiety and depression, which can make it hard to focus at work, pay your bills, enjoy your family and life in general.

No More Sleepless Nights When You have The Advanta IRA®

You can get on track, and Advanta IRA has a solution  that can help alleviate that stress to help you build wealth and preserve your health. If your current plan is not producing the returns on your investments you desire, it’s time for a change.

Start with asking yourself a few questions:

  • Are your retirement funds managed by a broker who’s making decisions for you? If so, these funds are typically invested in traditional assets such as stocks, bonds, and mutual funds.
  • Do you know anything about the assets your portfolio is currently invested in? If the answer is “not much” this could be adding to your stress level.

Now, we’d like to present a few facts to you that can help: 

  • You don’t have to rely on a broker to invest your hard-earned money. 
  • You can choose to invest in things that you personally know something about, have an understanding of, and genuinely enjoy.

Do you keep track of the stock market ticker like a Wall Street trader? Can you take the chance with a portfolio fully invested in stocks to net the income you need to retire? If not, why not invest in things that you know? With a self-directed IRA, you can invest in a wide variety of alternative assets  including real estate, rentals, rehabs, commercial property, private equity, gold, land, timber, cryptocurrency, and much more.

So, these accounts not only give you more options to invest in, but the options themselves can earn higher returns at a faster pace than the traditional stock, bond or mutual fund. What more could you ask for?

If you are happy with your current returns and your outlook is putting you where you need to be for retirement, then don’t change a thing. BUT, if you have any level of concern that your retirement finances are at the mercy of someone else’s decision making, then it’s time to take control.

The Future Is Now

Don’t waste another minute worrying about what the future holds. Your path to better health and financial freedom is right in front of you. Take the steps today to easing the stress so you can live a long and, most importantly, happy life. Look at your current situation. Do you have changes to make? No time like the present. Schedule a free consultation to talk to an experienced self-directed plan administrator from Advanta IRA to learn more about planning for retirement success. Discover the vast world of investing options you can start taking advantage of today.

 

 

Topics: Self-Directed IRA, financial freedom, Alternative Investments