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Updated over 7 years ago,
Starting from scratch with a Self Directed IRA or Solo 401(k)-
Hi,
I've been in Real Estate for 6 years and actively investing for 3 years now. I'm 24 years old and think I'll be self employed for the rest of my life and want to finally start preparing for retirement. My parents have a self directed IRA and I know the rules that go along with it. I would like to hear what everyones opinion on the best way to start my retirement. With a self directed IRA or a solo 401k plan? This is all starting from scratch by the way.
Looking forward to everyone's responses