Retirement funds should be the first thing everyone faces before they retire. While there are many possible sources of money out there, few of them have no risk. There are many kinds of retirement plans available, including 401K (individual retirement accounts), Certificates for Deposits (CD), and Certificates of Deposits(IRAs), along with various private and publicly funded retirement schemes. You can see who has the best gold IRA for more information.
The retirement plans outlined above come with many inherent dangers. Many 401K funds are tied to stock markets. Many holders of 401K don’t know which stock companies their 401K has been tied to. The same holds true for private and public pensions. Many of them invested in Wall Street Hedge fund and other fraudulent financial instruments. Many people’s life savings have been reduced or destroyed by the economic downturn, and this is not their fault.
IRA’s are a better source of income than traditional ones because they have both stock market investments and a fixed portion of the salary package. However, many IRAs have been established by banks. IRAs cannot be trusted as a source of funds due to the fragile state in which the global banking industry operates.
Investing gold and silver are the best investments in today’s volatile financial market. The bull market in gold is ongoing for years. Insiders believe that gold was at its lowest point more than a decade ago. They have also called gold at $2,000/ounce. Renting gold is the best choice for retirement funding. Silver is in the midst of a bull run. Silver is currently priced at $30 per ounce. This makes it affordable for middle and lower income families. Silver is the safest option for retirement for those who are unable to afford gold at $1.400 per ounce.
You should avoid paper when trying to secure your cash. It is very risky to invest in paper-based commodities like stocks, bonds, fiat currencies and stock. Even if you invest in gold and silver, it is important to avoid any promises made on paper. To receive physical delivery, both in dollars and billions, of gold and Silver, This is the only sure way to secure your income for the future.