The LMC Group Blog

With the stock market constantly proving itself to be unstable, investors are turning to another method of investing for their retirement. The Self Directed IRA…………….

While some critics of this type of plan have stated that the market always bounces back, the current recovery is seen as a reaction to the government stimulus plan and, therefore, is not sustainable. Investors are now looking for alternatives to the market and many of these people believe that real estate IRA is the way to go.

Josh Moore of Truly Self Directed IRA states that “there has been a significant increase in the number of real estate IRA deals being done.” This bodes well for the future of this type of investments, “as many people are now choosing this method over the stock market,” Moore adds.

This is a direct backlash from the amount of money that has been lost in the stock market over the past couple of years. Individuals have been forced to work well beyond their perceived retirement date because their retirement funds have been depleted.

In some cases, these individuals have seen their funds decrease by 50% in a very short span, which “rarely happens around the median home priced real estate market. People need a place to live no matter what is happening on Wall Street. Even though the real estate market did go through some short term problems, it has rebounded in many parts of the country and has truly stabilized,” states Moore.

The Real estate IRA is meant to help people take control of their own destinies by giving them some control over where their personal investments are placed. “The days of relying on a big company or a large government pension is no longer a sustainable strategy for retirees because these programs seem to always receive cuts, especially during a recessionary period. It is wise therefore for every investor to evaluate their investment strategy and take personal responsibility for their own retirement plan,” says Moore.

“In addition, we are starting to see a trend where younger investors are asking about the Real Estate IRA at our company,” states Moore.

The trend maybe increasing for a number of reasons:

1. Investors are seeking to truly diversify.
2. Many want control over where their retirement funds are invested.
3. Many realize homes will always be in demand.
4. Thirty and forty somethings realize there is not going to be a safety net for them like Social Security so they must take the initiative now or face a substandard lifestyle during their retirement years.

“Simply put, many wonder with the current state of the economy and the loses suffered over the past year whether they will be able to retire,” concludes Moore.

What are you waiting for, the market to drop out of the sky again? We know what your stock broker is going to say; stocks are his/her business model, they make money no matter what the market does, as long as you stay in the market….. Call The LMC Group and see what the other opportunities exist out there for your retirement funds. I promise we don’t bite, you will get an honest opinion of what you can do, and you can make the decision, not your broker.