Am I too old to open a self directed IRA to invest in multifamily real estate?

If you need help or a referral related to opening a self directed IRA, please email [email protected]

The contributions you make to your self-directed IRA each year may not comprise the bulk of the account value over time. Even with modest annual contributions, the power of compounding and growth in your investments can lead to substantial wealth accumulation.

For example, consistent $5,000 contributions to a self-directed IRA, growing at an annual rate of 8%, can result in a value of over $1.1 million by age 65, even though the total contributions would have been $100,000. Giving your money time to grow is the key to maximizing your retirement savings.

A self-directed IRA offers a wider range of investment options compared to traditional IRAs held with custodians like banks or discount brokers. With a self-directed IRA, you can invest in real estate, precious metals, private equity, private debt instruments, and more. Having more investment choices allows you to align your retirement savings with your investment philosophy.

Opening a self-directed IRA establishes a precedent for yourself and encourages good saving habits. Once you have the account set up, it becomes easier to incorporate future contributions into your budget. You can make regular contributions throughout the year, rather than contributing a lump sum, making it more manageable and increasing the likelihood of consistent saving.

The process of setting up a self-directed IRA is not as time-consuming as you might think, and the potential benefits of giving your retirement savings the opportunity to grow over time are significant. Take action now to secure your financial future and open a self-directed IRA to enjoy the benefits of time, diverse investment choices, and the habit of consistent saving.

If you need help or a referral related to opening a self directed IRA, please email [email protected]

If you would like to learn more about multifamily investing, you should join the Benjamin Z Miller Investor Networking Group. If you need more information, you can also find some on my website www.benjaminzmiller.com or search for “Benjamin Z Miller’ on LinkedIn or Meetup to find the investing groups.

CONTACT INFO:
[email protected] (deals here, please)
[email protected] (general questions / contact)
www.benjaminzmiller.com (website)

ADDRESS:
The Benjamin Z. Miller Organization
1321 Upland Drive #8316 , Houston Tx 77043.
United States


SOCIAL MEDIA:
www.twitter.com/BenjaminZMiller
https://www.linkedin.com/in/benmillersells/
https://www.instagram.com/benjaminzmiller/
https://www.tiktok.com/@benjaminzmiller

Benjamin Z Miller's Groups & Meetings:

(Multifamily Sunday Meeting)
https://www.linkedin.com/events/multifamilyinvestorgroupmeeting7038561468681728000/
(Investor Networking Group - Sunday General Meeting)
https://www.meetup.com/benjamin-z-millers-investor-networking-group/
(Ukraine Networking Group)
https://www.meetup.com/kiev-social-for-international-expatriates-and-ukrainians/
(Cork Ireland Real Estate Investing - Thursday at 5PM Irish)
https://www.linkedin.com/events/secureyourretirement-passiverea7047600048674643968/comments/
(US Mortgage Investing - Thursday at 1PM UK time)
https://www.linkedin.com/events/1pmuktime-passiveincomeforukinv7018178368969846786/
(Feedban News Reader - Thursday at 4PM UK time)
https://www.linkedin.com/events/discoverfeedban-scutting-edgene7047964255236628480/
(Earn Passive Income & Help Rebuild Ukraine - Thursday at 6:30PM UK time)
https://www.linkedin.com/events/thursday-6-30pmuk-earningpassiv7018193682331754496/

If you learned something from this video, maybe share it with your friends. You might be able to help them also. I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
[email protected]

https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller

#benjaminzmiller #multifamily #multifamily101 #learntoinvest #apartmentinvesting #financialfreedom #investinmultifamily #multifamilyrealestate #multifamilywealth #apartmentwealth #passiveincomeproperties


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