According to the Investment Company Institute statistics U.S. retirement assets totaled $14 trillion in 2008, down from $17.9 trillion in 2007. Retirement savings accounted for 34 percent of all household financial assets in the United States. 44 percent of IRA assets were invested in mutual funds in the fourth quarter of 2008.
With 14 trillion dollars in retirement funds it is hard not to see the opportunity this opens for alternative investments. Investors have become disillusioned with the stock market and are looking for investment opportunities where they have more control. Self-directed IRAs are growing at a rapid pace because of this.
Real estate investing in today’s buyer’s market is a favorite for smart investors. Senior Life Settlements are also an attractive option using qualified funds. As always, investigate and do your own due diligence, the investment that suits you is your best choice. Its time to take control and make your own decisions.
Filed under: self-directed ira | Tagged: IRA, IRA assets, life settlements, mutual funds, real estate, real estate investing, retirement savings, self-directed ira, senior life settlements
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[...] Original post by Elizabeth Crane [...]
I concur with this sentiment. As a financial planner, and a strong supporter of self-direction, I think that a movement has already begun. A movement where people want to take control of their own retirement. Great info in this article. Thanks.
Thanks for the comment Eric. I appreciate your input and glad to see as a financial planner you see the benefits of self-direction.
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]
[...] Original post by Elizabeth Crane [...]