America is moving to self-directed IRAs. Are you?
Americans hold approximately $10.8 trillion in IRAs1—of which the SEC and Retirement Industry Trust Association (RITA) estimate 2% – 5% are held in self-directed IRAs. At 3%, that's $324 billion, and that number will increase dramatically for the foreseeable future because every day for the next 10 years or so, roughly 10,000 baby boomers will reach retirement age.2
These baby boomers will be looking to roll over their company-sponsored pension plans and 401(k)s into savings vehicles like self-directed IRAs. They give investors more control, and the ability to diversify beyond traditional traded assets, such as stocks and bonds.
1 Investment Company Institute data (“The US Retirement Market, Second Quarter 2020.”)
Expand your reach through self-directed IRAs.
Now’s the time to help savvy investors take advantage of this often-overlooked way to diversify retirement savings. With a self-directed IRA, investors can purchase ownership in everything from private corporate stock to start-ups looking to raise funds on an investment platform.
Pacific Premier Trust works with professionals in a variety of ways. Learn how a self-directed IRA with Pacific Premier Trust may be a tool you can use to help more of your clients.