5 years in with a Gold IRA - what a ride!

Matthew Murphy

Back to forum

⭕ Gold Rounds

5 years in with a Gold IRA - what a ride!

matthew_murphy👑Elite (1m-5m)

about 6 hours ago

Key Takeaways

•Hard to believe it's been five years already since I fully committed to this.
•Living here in Dublin, OH, you see a lot of folks tied to the market, and I just couldn't shake that feeling of instability.
•Returns-wise, it's been pretty solid for me.

Get the free Gold IRA guide

Hard to believe it's been five years already since I fully committed to this. I liquidated most of my tech startup equity back in late 2019, probably about $3.5M worth after taxes, and moved a significant chunk, around $1.8M, into a Gold IRA. My financial advisor thought I was a bit nuts at the time, especially with the bull run tech was on, but after seeing what's happened globally, I'm feeling pretty vindicated. Living here in Dublin, OH, you see a lot of folks tied to the market, and I just couldn't shake that feeling of instability.

Returns-wise, it's been pretty solid for me. I'm up roughly 40% on the initial investment, which beats the pants off what my more traditional investments have done in the same period. There's a certain peace of mind knowing that a big chunk of my net worth isn't subject to the whims of quarterly earnings calls or geopolitical jitters hitting the stock market. It's not a get-rich-quick scheme, obviously, but for preserving and steadily growing wealth, it’s been fantastic. I mostly went with American Gold Eagles, a mix of 1/2 oz and 1 oz coins. There’s something tangible about them, you know?

My biggest concern now is actually planning for Required Minimum Distributions (RMDs) down the line. I'm still a good decade or so out, but I like to plan ahead. Has anyone here used that RMD Calculator tool from Gold IRA Blueprint? I stumbled upon it recently and it seems pretty comprehensive, especially for estimating what those distributions might look like with a physical gold holding. Any thoughts or experiences with it?

Anyway, just wanted to share my journey so far. It’s been a good decision for me, and I'm interested to hear if others have had similar experiences, or even different ones! What kind of gold rounds or coins are you all holding?

3 comments

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →

24 people viewed this today3 members requested a free kit this week4 investors bookmarked this

Best Answer▲ 6 upvotes

gary_stewart📊Growing (50-100k)

Interesting post! While it's great your Gold IRA has worked out for you, I always wonder about the opportunity cost. Especially liquidating tech equity right before one of the biggest bull runs in recent history. A lot of those companies saw insane growth during that period. Just a thought!

Comments (3)

janet_cook📊Growing (50-100k)•less than a minute ago

Man, I can totally relate to this! My advisor gave me the side-eye when I started moving a decent chunk of my 401k into a Precious Metals IRA a few years back. Not quite the numbers you're talking, but enough to make *him* nervous. Glad to hear it's been a good ride for you, gives me more confidence in my own choices!

james_wilson👑Elite (1m-5m)Real Investor✓ Verified•less than a minute ago

Whoa, liquidating tech startup equity right before 2020 and diving into gold sounds like a wild move but potentially genius timing! When you say your advisor thought you were "a bit nuts," were they primarily concerned about the gold investment itself, or the timing of pulling out of the tech sector?