The majority of people that invest in a retirement plan are clueless about the options available to them. Most have their 401k or IRA account through their employer or managed by some larger financial institution (supposedly looking out for the investor’s best interests). The sad fact is that most people do not even know what their investments are made up of. They just contribute money to a plan for someone else to manage. This is a retirement ‘plan’, but just whose ‘plan’ is it?
Up until about 2 years ago, I had the same line of thinking. Work for a corporation and contribute to a 401k comprised of a diversified portfolio of mutual funds. It was not until I saw my retirement account get hammered by the economic downturn that I woke up and saw that I needed to take control. At the end of the day, it needed to be my ‘plan’. After doing some research, I stumbled on a company that specialized in self-directed retirement accounts. This was a concept that I had not heard before. A retirement plan that truly allows the investor to direct what they are invested in, such as Arizona investment property.
Arizona investment property can make a great addition to a retirement plan, especially with how many opportunities are present in the current real estate market. Property prices are significantly discounted and state of the current rental market is driving up returns on cash flow investments. I recently picked up a condominium, within my retirement account, as a cash flow investment that is returning over 11%. The best part about it is that now I have full control of my retirement.
This is not a solicitation for self-directed retirement accounts nor am I a licensed financial planner. I am an individual investor who was tired of someone else planning my retirement. The option of self-directing your retirement plan may not fit into your investment strategy, but at least you now know something you may not have known before reading this post.
Whether you are purchasing Arizona investment property through your retirement plan or through any other means, it is important to align yourself with a company that truly has your best interests at heart. Learn more about how Clear Vision Investment Group can be your partner in building a successful portfolio of Arizona investment property.