REI Wealth Mag issue 57 - The Best of REI Wealth | Page 37

Do you have a 401 ( k ) with a previous employer or an IRA ?

Are these accounts invested in stock market assets ? Most retirement accounts are invested in stocks , bonds and mutual funds , however , the Self­Directed IRA lets you invest outside the stock market .
For over 40 years , you have been able to invest your retirement dollars into assets like real estate , and most people don ’ t know about it . In fact , there is about $ 24 Trillion in US retirement accounts . Only 3­4 % of that amount is invested in what ’ s called “ alternative assets ”.
When you think about building a retirement for yourself , consider the Self­Directed IRA .
When it comes to investing in Real Estate , the Self­Directed IRA allows many ways to do this :
● Residential real estate , including : apartments , single family homes , and duplexes
● Commercial real estate
● Undeveloped or raw land
● REITs ( Real Estate Investment Trusts )
● Real estate notes ( mortgages and deeds of trusts )
● Promissory notes
● Private limited partnerships , limited liability companies , and C corporations
● Tax lien certificates
“ retired ”, Joe decided to become a real estate agent .
He noticed his own IRA was losing money , and putting this money into a self­directed IRA was something that made sense to him . Joe says , “ It gave a monthly boost to my IRA account through the rent money . Plus it gave me equity growth . As a selfemployed person , it has given me a small glimpse of security into my retirement age , whenever that will be .”
Right now , and for the next decade , ten­thousand baby boomers will reach age 65 every day ! The average account value for Americans 55 to 64 years old is $ 103,000 . You have to ask yourself if that is going to be enough to sustain you through your retirement years ?
Many people , like Joe , are enjoying the tax­deferred or tax­free benefits of using their IRAs and 401 ( k ) s to secure a better financial future .
So how do they do it ? Self­Directing your retirement is a 3­step process to 1 ) Open an account 2 ) Fund that account and then 3 ) invest .
We have helped thousands , and we can help you accomplish your self­directed retirement goals at uDirect IRA Services .
MEET KAAREN HALL
Kaaren has helped hundreds of people self­direct their retirement savings . A native of California , she has a 17­year background in Real Estate , Property Management and Mortgage Lending . She has worked at such companies as Bank of America , Centex Homes , Pulte Homes and Indymac Bank . She ' s held a real estate license in Washington , Texas and California and a Life & Health license in California .
Her company , uDirect IRA Services , LLC , offers self­directed education and services to investors , providing excellent customer service . Kaaren is a public speaker and master networker . A mother of two , she lives in Orange County .
If you have a question about how to use your IRA to self­direct you can contact us here at info @ uDirectIRA . com or at 866.447.6598 . Our website address is http :// www . udirectira . com /.
Take Joe for example . Joe retired from his employer at the age of 50 . It was a forced retirement because the company was restructuring . He spent 20 years at his previous employer putting aside 15 % of his annual earnings . Now that he was
Image by Gerd Altmann from Pixabay
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