The lifespan of the average person has increased significantly in recent decades, which means that more and more people are reaching their retirement years. This can be both a good and a bad thing – on the one hand, it’s great to be able to enjoy a long retirement, but on the other hand, it can be difficult to sustain such a long retirement financially.
If you’re starting to look into retirement options, then congratulations on getting ready for this next stage of your life. You probably already know that you’ll need to make some changes to your investment portfolio as you get closer to retirement, but if not, here’s what you need to know.
If you’re considering investing in gold for retirement purposes, you may want to look into setting up a gold IRA. A gold IRA offers serious tax advantages over purchasing your own metals, and you’ll need a gold IRA company to help you get set up. Choosing a specific gold IRA company is a major decision, so be sure to do your research before making a final choice.
Top 5 Gold IRA Companies
With so many gold investment companies on the market, it can be difficult to know where to start your search. However, it’s important to remember that the best company for you might not necessarily be on this list. Having said that, I believe that the best gold investment firms are Goldco, Augusta Precious Metals, Birch Gold Group, Noble Gold, and Regal Assets. All of these companies have a great reputation and will offer you the best possible service.
Augusta Precious Metals
If you’re looking for transparent pricing, Augusta is a great gold broker to consider. They streamline their operations more than nearly any other gold broker and pass the savings on to their customers. They’re also very honest about how they do things. In fact, they back up their services with money-back guarantees and fair pricing.
However, they don’t do palladium or platinum. Still, the low-cost fee structure is very appealing.
I’ve always been impressed with their educational resources and customer service levels. They save money on their internal operating costs, but you’ll never feel like they skimp on how they treat you or how much you can learn from their team of analysts.
Birch Gold Group
Birch Gold Group is a great choice for those looking for a precious metal broker with nearly two decades of experience. They’re one of the few brokers that actually deals in all four possibilities: gold, silver, platinum, and palladium. If you invest $50,000 or more, then you can get a lot of your fees waived.
They’re great at customer service, have good pricing, and offer pretty good educational resources, too. If you’re not sure which gold broker to choose, then I’d say consider Birch Gold Group.
If you’re looking for amazing customer service in the gold investment industry, then you need to go with Goldco. Not only do they offer great customer service, but they are also the standard by which other companies in the industry are measured. The customer service at Goldco is top-notch and they will always go above and beyond to make sure that their customers are happy.
You won’t find anyone in this business who will make you feel as valued as we do. That’s because we understand how important it is to have someone you can trust with your investment, especially if you’re new to the industry. With us, you’ll even get 10% in free metals.
As you research different gold investment companies, you’ll notice that they all have different minimum investment requirements. Some of them might be too high for you, depending on how much of your portfolio you’re willing to invest in precious metals.
That’s okay. I believe precious metal investing is a great thing, but I also tell people that one of the benefits is diversification. You shouldn’t put everything or too much into this. Gold investing is just one way to diversify your portfolio and protect yourself against inflation. There are other ways to do this as well, so don’t feel like you have to put all your eggs in one basket.
If you want to keep your current IRA, 401(k), or 403(b) in a tax-advantaged format that preserves your wealth, then doing a rollover into a precious metal or gold IRA is a savvy move. Regal Assets is a great option for anyone looking to do a simple rollover.
Regal Assets has an extensive track record of helping clients do rollovers. They also don’t charge any fees for this service. Once you have a gold IRA with them, they have flat fees every year for your account to simplify things even more for you.