Newbie from Texas wanting to purchase REI's.

[Bill Mcdonald]

Hello - because of the inconstancy's of the Stock Market, I'm worried I won't have enough money to retire any time soon. I'm 60 years old and I'm self employed. When discussing the REI route wth my CPA, she mentioned one way to do so is thru a SDIRA.

I've been investing in a SEP but would like opinions on a SDIRA from the experts here on BP.  Any suggestions on SDIRAs and companies to consider.

[Ivan Oberon]

Originally posted by @Bill Mcdonald:

Hello - because of the inconstancy's of the Stock Market, I'm worried I won't have enough money to retire any time soon. I'm 60 years old and I'm self employed. When discussing the REI route wth my CPA, she mentioned one way to do so is thru a SDIRA.

I've been investing in a SEP but would like opinions on a SDIRA from the experts here on BP.  Any suggestions on SDIRAs and companies to consider.

 Bill, if you are self employed, you should really look at a Solo401k over a SDIRA.  It is much more flexible and much less risk of performing a prohibited transaction.

My two favorite people are Belinda Savage with IRA Services Trust Company, for SDRIA's and @Dmitriy Fomichenko at Sense Financial for Solo401k's.