I visited my parents the other day. They are near their retirement days and I wonder if they are ready for it. Retirement can be a fun experience and can also be the most difficult time in someone’s life depending on how prepared they are for it. It is when a person can no longer be part of the labor market or will probably be too weak to become part of it. I have known some people who are enjoying their retirement years - travel, bonding with family, all the fun activities that one can enjoy because they have the time to do so. While some are actually at their lowest points - no money for this and that, struggling to get by, or are sick.
I did some research on the types of individual retirement account or IRAs that one person can have to prepare for those years. Since I was talking about gold earlier, I decided to look deeper into this option as a possibility. A gold IRA is possible, thanks to the 1997 Tax Payer Relieve Act that allowed the inclusion of precious metals in IRA accounts. Gold that will be included in a gold 401K or gold IRA must be 99.5 percent pure gold. IRA gold can be gold coins, bullion, or gold stock.
During my research, I found this company called Gold Coins Gain, a precious metal asset management company that helps investors with their precious metal investments. They also sell a wide array of pretty looking gold bullion coins. They also have the coins in silver and platinum. I personally like the Chinese Gold Panda, the Austrian Gold Philharmonics and the Canadian Platinum Maple Leaf.