RETIREMENT SAVINGS HISTORY & TRENDS KAAREN HALL
So how well are Americans
doing
at
finances
achieving
needed
the
for
a
retirement, and preferably a
comfortable, and timely one?
With
tenthousand
Baby
Boomers reaching age 65
every day for the next decade
this is a question in desperate
need of an answer. Not only
is this large sector of our
population aging but the vast
majority of pensions are
underfunded
Looking back a couple of century’s average people just never lived long
enough to retire, nor was simply dropping out to play golf and sip tea all
and
Social
Security is anything but
secure.
day something people strived for. They simply worked till they dropped.
The ‘golden years’ was a term originally coined to refer to the peak
working and earning years of 25 to 40. Now it is commonly used to
describe a coveted period of relaxation, golfing, bingo, and travel, with
plenty of income, and no work. Of course those are the golden years
most of us are craving today; and if we can get there in our 40s we’re
even happier (at least until we get bored).
The answer may well be
found by taking retirement
into our own hands and
investing in the asset classes
we know best. That’s what
selfdirected IRAs allow us to
do. We can move our
retirement accounts over to
selfdirected accounts and
invest in “alternative assets”
like real estate, private stock,
precious metals, notes and
more to secure our financial
future.