Goldco Precious Metals offers you a better way to save for your retirement
Taking control of your financial future has never been more important than it is right now. The financial markets are recovering from one of the worst financial crises to occur in the United States which makes now the perfect time to begin taking the steps you need to in order to protect what's left of your retirement savings from the next shake up. And one of the best ways to do this is to convert your 401k to gold.
Your 401k is a valuable tool when it comes to saving money for your retirement. It allows you to set aside a specific amount of your paycheck every week on a tax deferred basis and invest that money in a wide range of investment products which will help increase the value of your retirement account over time. In the past, this meant investing these savings in a mix of stocks, bonds, and other paper backed securities. When the markets are up, these investments perform well and the value of your retirement account can increase exponentially. However, when the markets are down as they were during the Great Recession of 2007 and 2008, the value of these investments can decrease to where they are worthless. Not only do you lose the value of your gains, but you also lose the money that you initially invested. This happened to millions of people across the United States over the last decade, leaving them penniless and unable to retire due to a lack of income.
However, today's retirement accounts including 401k accounts and IRAs can invest in gold as well as paper backed securities. Why is this important? Investing in gold provides you with an insurance policy against future loss of value in your retirement account. In the past, financial experts have devalued the benefits of investing in precious metals such as gold because their value doesn't increase as quickly as paper backed securities. And while gold does increase in value more slowly than other investments, they don't devalue in the same way that paper backed securities do. As a matter of fact, when financial markets are down, gold actually increases in value, which is vital to the health of your retirement account balance.
If your current 401k doesn't allow you to invest in gold, take advantage of gold 401k rollovers to convert your 401k into gold today and protect your current and future retirement savings from future financial shakeups. There aren't any fees or tax penalties to deal with and the process is very simple. Contact Goldco Precious Metals today and let them walk you through the simple, three step process to open your gold IRA or 401K and get started investing for your future in a smarter way. For more information, please visit http://goldcopreciousmetals.com/precious-metal-iras/401k-to-gold.html.
Your 401k is a valuable tool when it comes to saving money for your retirement. It allows you to set aside a specific amount of your paycheck every week on a tax deferred basis and invest that money in a wide range of investment products which will help increase the value of your retirement account over time. In the past, this meant investing these savings in a mix of stocks, bonds, and other paper backed securities. When the markets are up, these investments perform well and the value of your retirement account can increase exponentially. However, when the markets are down as they were during the Great Recession of 2007 and 2008, the value of these investments can decrease to where they are worthless. Not only do you lose the value of your gains, but you also lose the money that you initially invested. This happened to millions of people across the United States over the last decade, leaving them penniless and unable to retire due to a lack of income.
However, today's retirement accounts including 401k accounts and IRAs can invest in gold as well as paper backed securities. Why is this important? Investing in gold provides you with an insurance policy against future loss of value in your retirement account. In the past, financial experts have devalued the benefits of investing in precious metals such as gold because their value doesn't increase as quickly as paper backed securities. And while gold does increase in value more slowly than other investments, they don't devalue in the same way that paper backed securities do. As a matter of fact, when financial markets are down, gold actually increases in value, which is vital to the health of your retirement account balance.
If your current 401k doesn't allow you to invest in gold, take advantage of gold 401k rollovers to convert your 401k into gold today and protect your current and future retirement savings from future financial shakeups. There aren't any fees or tax penalties to deal with and the process is very simple. Contact Goldco Precious Metals today and let them walk you through the simple, three step process to open your gold IRA or 401K and get started investing for your future in a smarter way. For more information, please visit http://goldcopreciousmetals.com/precious-metal-iras/401k-to-gold.html.
Source...