The New Retirement – When to Break from Tradition
Sometimes tradition carries wisdom Other times it represents worn-out thinking. You may have a traditional IRA investing in traditional investments like stocks bonds, cash, CDs mutual funds and such. In today’s global economy, there are doubts about the strength of the financial markets. Yet, you can set up a self-directed IRA to invest in less traditional assets. In a self directed IRA you can invest directly into real estate, mortgages, private loans, private equities, start-up companies and precious metals along with a host of other non-traditional investments. Join Jaime Raskulinecz, CEO of Next Generation Trust Services to learn how. Many people follow tradition in passing on their wealth to heirs. They tend to split the money equally among their heirs and give it to them as soon as possible. Richard Watts author of Fables of Fortune; What Rich People Have That You Don’t Want will explain when that could cause more harm than good.