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How to Invest for Retirement? | Our Top 3 Recommendations

July 7, 2019 by admin Leave a Comment

Today’s article will give you our Top 3 Recommendations on How to invest for Retirement in the current world, some might be a bit different recommendations than you get elsewhere but we have tried to make this a “modern” retirement investing article as the world is changing.

One of the most interesting topics in the current world in as far as finances are concerned has been on the best approach to investing for the age of retirement. Many experts have taken to the internet to provide their advice on how to make an extra $100,000 per year or any figure that you may have in mind. That said, most people have focused on the manner in which they can earn the extra coin but have forgotten to look at how to secure their future after the earning phase. The fact that people talk about how to invest for retirement a lot does not mean that they actually do it. Some people have not actually sat down to think about what they will invest in, despite having a regular or substantial income.

In this article, I will present to you three options which I believe you can get credible and reliable companies to partner with and invest your money, in a bid to ensure that your age at retirement is free of financial stress. The products I have presented are divided into a traditional investment product, a physical product, and a digital product.

1. Stocks: A traditional investment product

Stocks have been an all-time favorite investment option not only for the purpose of investing for retirement but also for the constant increase of the investors’ wealth. The basic idea about investing in stocks is that their prices are bound to fluctuate.

With the right research and advice from a stocks expert, you are likely to come across a stock when its value is very low. With the improved general performance of the company from which you bought your shares (or simply stocks units), the value of the shares begins to skyrocket.

Upon hitting the retirement age, you can decide to sell all your shares. As you can see, a very simple approach is followed in this type of investment. As much as the value of the stocks is subject to a variety of factors which are likely to cause it to drop or rise considerably, you can still make considerable profits if you had managed to buy the stock when its value was quite low.

Most people who deal with stocks actually believe in the “buy low sell high principle’ in which you acquire stock when it is of low value and sell it when it is of high value.

Resources for you to learn more:

==> Capitalist Exploits (Get FREE Insider Advice and trading Signals)


2. Precious metals and coins: A physical product

This is probably an option that most people tend to ignore, more so because of the term “precious metals”. You will be surprised to know that with consistency and determination that you can end up purchasing one or several bars of some of the most coveted precious metals in the world. In the current world, most of the investors rely on gold, silver, platinum, and palladium to grow their wealth. These are however not the only metals, but they happen to be the ones that are more readily available in a variety of forms and on a larger scale.

The best thing about investing in precious metals at this age and time is that you do not have to head to the black market to purchase the product you need. There are several companies that are already making it easy for you to invest in precious metals by having online websites where you can open accounts, purchase the precious metals and follow up on your investment without having to leave the comfort of your home.

Something that has become very popular as a retirement investing is gold backed IRAs.

It is, however, advisable to visit such companies just to make the verification that the precious metals of the right quality, and that they were procured and stored for you in an appropriate storage medium.

It is also not different for the precious metals: you are simply required to purchase the product then wait for its value to increase, and you can exchange it for cash upon reaching your retirement age.

Resources for you to learn more:

==> GOLDCO (Get your FREE Investing Kit from the #1 Rated Precious Metals dealer by most 3rd party consumer protection agencies)


3. Cryptocurrencies: A (revolutionary) digital product

How to invest for RetirementCryptocurrencies have taken over the global scene as a common topic of discussion in the current decade. Many people are still yet to understand the logic behind the blockchain model (on which cryptocurrencies are founded on) operates, but it already common knowledge that you can make some money by investing in this product.

Several cryptocurrencies have up to this moment been developed, including Bitcoin, Ripple, Bitcoin Cash, Monero, Zcash, Ethereum, Litecoin, and Dash.

Most people have shied away from this kind of investment, with the fear that the cryptocurrency industry could come tumbling down. Despite major fluctuations in the value of cryptocurrencies, there are prudent investors who have hit the jackpot by learning when to purchase and sell the cryptocurrencies. In the same manner, you can put aside a substantial amount of money into this kind of investment and wait for your age at retirement to redeem them for cash.

The best thing about this nature of investment is that you can always sell your cryptocurrencies whenever you perceive major future drops in the value of the cryptocurrencies.

Resources for you to learn more:

==> Regal Wallet (Worlds Safest Bitcoin Investing Company)


Final words

In conclusion, investing for your age at retirement is one of the best prudent things that you can do for yourself. Many investment experts recommend that you diversify your portfolio of investment assets, in order to ensure that the risk of losing all your cash is minimized.

You can choose to invest in a traditional investment product such as stocks, a physical investment product such as precious metals, and a digital product such as cryptocurrencies. All you are required to do is to seek the right advice from the best financial advisors available and to ensure that your money is invested with the right company.


I hope you found this short article on How to invest for Retirement to be helpful and that it has given you a better overall view of what you might want to look into a bit more. Please, if you have experience from investing in any of the above suggestions then share it in the comment section below as it can help others! Also, if you got any questions about this I would be more than happy to answer them below!

I wish you success!

Michael,

founder of: Gold Retired

Filed Under: Crypto, Gold, Retirement

What is Agora Financial? – A Scam or Real Legit Info?

May 23, 2019 by admin 4 Comments

What is Agora Financial? What is it about? How does it work? What products and services does Agora Financial offer? Is it a scam? Can they be relied upon by investors? What are the pros and cons of dealing with Agora Financial?

Name of the Company: Agora Financialagora financial

Official Website URL: https://agorafinancial.com/

Owner: Bill Boner

Who is it for: Investors

Overall rating: 2.5 out of 5 stars (2.5 / 5)

Recommended? : Yes (for some). But make your investments wisely.

[Read more…]

Filed Under: Retirement

What is Horizon Bank? – Is this bank a good option for you?

February 5, 2019 by Gold Retired Leave a Comment

Hello and welcome to another review on gold retired! This time around we’ll be investigating horizon bank. What is Horizon Bank? How does it work? What the IRAs offered and the IRA fees? Can you invest in precious metals through this bank? Plus more details as usual!

Company: Horizon Bank

Website: www.horizonbank.com

Owner: Horizon Bancorp (IN)

Price: Depends on your investment

Who is it for: People intrested in traditional bank products and services

Overall rating: 1.5 out of 5 stars (1.5 / 5)

========================================================

Important to mention before we go into more details of this review:

We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. The most common way people are getting scammed is through so-called “hidden-fees” so please investigate thoroughly before you make your decision.

==> See all of the precious metals investing companies we have given the highest ratings on this page <==

With that being said, let´s continue with the review on Horizon Bank!

========================================================

What is Horizon Bank?

Horizon Bank is a community bank based in Michigan City Indiana. Founded in 1873, this company has 63 locations in Indiana and Michigan. The parent company of Horizon Bank is Horizon Bancorp (IN) and its CEO is Craig M. Dwight.

What is Horizon Bank

Horizon Bank is a community bank, the professionals who operate it are members of the local community. The advantages of this kind of banking are that it encourages local decision-making, which is definitely a plus!

As stated on their website,  this bank is nationally recognized as one of the top 200 community banks by US Banker magazine for financial performance 2008-2014.

How does it work?

Horizon Bank works just like any traditional bank. You can easily open an account and use online banking, bill pay and e-statements. They also offer more services and IRAs that we’ll be looking at later in this review.

While doing the research I also found something that I liked about this bank. The Horizon Cares Charitable grant that any contributor to their local community can apply to.

Here is an excerpt from their website that explains it more:

As a corporate citizen, Horizon Bank has a responsibility to assist in the growth and prosperity of our communities — not only through economic development, but also as a leader in corporate citizenship, volunteerism and fulfilling unmet needs of the community.

Our Advisors’ contributions make our communities a better place to call home. The 700+ advisors at Horizon are dedicated to the communities that we serve by volunteering for multiple organization

Products and services offered

Horizon Bank offers :

  • Online Trust Login
  • Investment Management
  • Trust Services
  • Financial Planning
  • Employee Benefit Plans
  • Insurance Services
  • It also offers IRAs.

So what are the IRAs offered?

For IRAs, Horizon Bank offers two options:

  • Traditional IRAs: these are better for short-term tax advantages.
  • Roth IRAs: these are better for long-term benefits.

Another thing I liked about Horizon Bank is the comparison chart they created to help their clients decide between a Roth and a Traditional IRA.

**If you are in search of a precious metals IRA then I would recommend that you have a look at this company instead

What are the IRA fees?

The Horizon Bank website doesn’t include a fee schedule or any information about their IRA fees. It would’ve been better to find these on the website just to make sure there are no “hidden fees”.

Can you invest in precious metals through Horizon Bank?

There is no information on the Horizon Bank website about whether you can invest in precious metal through it or not. It’s not clear what you’ll be investing in exactly through their IRA accounts. This lack of information kind of explains some of the bad reviews that you can see below.

What countries are allowed?

Since Horizon Bank is a community bank, only U.S. citizens are allowed to open an account.

Horizon Bank reviews, ratings, and complaints

BBB: NOT accredited by the BBB + 10 complaints closed in the last 3 years.

Rating: 1 out of 5 stars (1 / 5) (out of 3 customer reviews) click here for details (opens in new window)

Yelp

Rating: 1 out of 5 stars (1 / 5) (out of 1 review) click here for details (opens in new window)

Trustpilot:

Rating N/A

Trustlink:

Rating N/A


Do you Own or Represent Horizon Bank?

If you are a representative, or associate of Horizon Bank and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you got the e-mail on the about page.


Final words and verdict

Verdict: Legit

Overall rating: 1.5 out of 5 stars (1.5 / 5)

Although Horizon Bank is an established community bank with a real physical address, I honestly don’t recommend working with them.

There are basically no reviews about them online and the only ones found are extremely negative.

They are not accredited by the BBB and have several customer complaints.

Investing in IRAs through this bank wouldn’t be the smartest of options, choosing a better company with more reviews and no complaints would be a much better choice I would say.

As always the decision is of course up to you.

My #1 recommendation

You made a wise decision to read this review and you are a smart person. I am absolutely sure that you will find the right company that suits your particular needs the best! Below is one I would recommend having a look at right away as you might want to consider that one as an option for your retirement investing as well (if you are interested in Precious metals and/or Cryptocurrency):

==> Click here for my #1 recommended Precious Metals Company (Got some unique benefits)

Hopefully, this review about Horizon Bank and what it is all about was beneficial to you. If you have any questions or any personal experience with them, feel free to share it in the comments! Also if you got any questions about this review I will be more than happy to answer them below.

Until the next one!

Michael,

Founder of: Gold Retired

Filed Under: Retirement

How to retire in comfort – Some tips and a good idea for you

September 20, 2018 by admin 4 Comments

how to retire in comfortEverything you need to know on how to retire in comfort will be included in this short article. Everyone wants to be comfortable and happy in comfort. It is not too hard as you think it might be. Do you know what it takes to make your retirement goals?

Save early until you’re at retirement savings grow. It does not matter if the amount is small; you should save a little bit now. Your savings will exponentially grow as your income rises. When your money resides in an account that pays interest, you’ll be ready for the future.

People that have worked long and hard eagerly anticipate a happy retirement.

They believe retirement will be a wonderful time when they are able to do things they could not during their working years.

How to retire in comfort?

Partial retirement may be a great option if you are ready to retire but don’t have a lot of money saved. This means cutting down your hours at your current career part-time. You can still be able to make money and transition into retirement at an easier pace.

Contribute regularly and maximize the amount you match that is provided. You can put away money is not taxed. If your employer matches your contributions, that’s pretty much free money in your pocket.

Consider your retirement savings through your employer. Sign up for the plan which suits your 401(k) as soon as possible. Learn all you can about your plan, how much you have to pay into it, what fees there are and what sort of risk is involved.

While saving as much as possible towards retirement is key, you also should be sure that you consider the kinds of investments that need to be made. Diversify your savings plans so you do not put all of your eggs in one basket. This will minimize your portfolio very strong.

Consider waiting a few extra years to take advantage of Social Security. This will help you will draw each month. This is simplest if you’re still working or have another source of income.

Rebalance your entire retirement portfolio once a quarterly basis. If you do this more often then you may be falling prey to an over-involvement in the minor market is swinging. Doing this less often can cause you to miss opportunities. Work with a professional to determine the right places to put your money.

Think about exploring long-term health plan for the long-term. Health declines for the majority of folks as people age. As you get older, medical expenses rise. If you have a health plan that is long-term, you’ll be well taken care of should the need arise.

Educate yourself

Educate yourselfLearn about your employer’s pension plans that you have available. Learn all the ins and outs of programs that will help you with. See if any benefits can be received from your earlier employer. You might also be eligible for benefits from a spousal employer pension.

Set goals which are both the short and long term. Goals are important for anything in life and can help you save money. When you know how much money you are going to need, you will know how much that you have to save. Some simple math can help you figure out how much to put away each week or weekly goals.

If you happen to be over 50, try making “catch up” contribution to the IRA. There is typically a yearly limit of $5,500 limit every year for your IRA. Once you’ve reached 50, though, the limit will be increased to about $17,500. This is good for those that want to save a lot.

When figuring out how much money you need to live on in retirement, try planning on living like you are now. If so, you can probably estimate your expenses at about 80 percent of what they currently are, considering that your work week will be significantly abbreviated. Just be mindful not spend a lot of extra money as you find new ways to occupy your newfound free time.

Look into finding other retirees to befriend. This can give you to enjoy your idle hours. You and your friends can hang out with them during the day when most people are retired. You can also support you when need be.

Social Security cannot be relied upon to pay for you need. Social Security will only pay you a portion of what you will need to live on. You will need at least 70 percent of your savings or a part-time job.

Downsizing is a great solution if you’re retired but want to stretch your money. Even if you do not have a mortgage, there are expenses for keeping a large home like landscaping, utilities, etc. Think about getting a home that’s smaller. This can save you a bit of money in the future.

Don’t touch your retirement savings no matter how difficult things get for you have retired. Doing so will cause you to lose principal and interest. You are also likely to pay penalties and negative tax benefits by making early withdrawals. Use your retirement money after you’ve retired.

How to know it's time to retire?

Learn everything about Medicare will work with your health insurance coverage. This knowledge will keep you are covered if a medical situation arises.

Make sure to appoint a financial and healthcare Power of your legal documents in order. This person will make medical and financial decisions if you can’t. This will help your family.

Try setting aside about 10 percent of earning every year for when you want to retire. This will provide you to establish strong retirement savings. You will be able to raise it to a level of 15 percent as long as you can pay your bills monthly on time.

Get a job to make extra money while you keep your mind sharp.

This includes taking care wills, a will, as well as giving someone you know power of attorney over your affairs. While some of these items will not come into play until after you die, others can allow you to avoid financial troubles if things take a turn for the worse.

We have plenty of information from experts in various fields of financing. Use the tips you’ve just read so that your retirement goes smoothly. Retirement is a comfortable time, but you need to plan early.

Click here to read about a smart way to invest in gold from your retirement account


Hope you found this short article on how to retire in comfort to be helpful and now you should have a better understanding of the topic and also some ideas on where to turn. As always, if you have any questions on this I will be more than happy to answer them in the comment section below!

I wish you success!

Michael,

Founder of: Gold Retired.

P.S.

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