Diversifying my 401k into gold - good move for retirement?

• •Thought I'd share my experience with pulling some funds from my 401k and rolling them over into a Gold IRA.
• •My 401k was doing okay, but it felt a little too exposed, especially with all the talk about inflation and market corrections.
• •I started looking into Gold IRAs about a year and a half ago.

Thought I'd share my experience with pulling some funds from my 401k and rolling them over into a Gold IRA. As a nurse here in Seattle, I've seen enough economic uncertainty over the years to know that relying solely on the stock market for my retirement income might not be the smartest play. My 401k was doing okay, but it felt a little too exposed, especially with all the talk about inflation and market corrections.

I started looking into Gold IRAs about a year and a half ago. Honestly, the process felt a bit overwhelming at first with all the different custodians and companies out there. After a lot of research, I ended up going with a company that seemed pretty reputable and had good transparent fees. The whole direct rollover process from my existing 401k to the new Gold IRA took about 3-4 weeks. I ended up moving roughly $75,000, which felt like a significant chunk but also enough to make a real difference in my portfolio's overall stability. It's not my entire retirement, but it's a solid hedge.

My main goal with this was really just diversification and some peace of mind. I'm not looking to get rich quick off of gold; I just want to know that a portion of my retirement savings is in a tangible asset that historically holds its value during economic downturns. I chose mostly gold American Eagles and Canadian Maple Leafs, which felt like pretty standard, recognizable options. It's been about a year since I made the move, and while gold hasn't skyrocketed, it's held pretty steady, which is exactly what I was hoping for.

Anyone else here made a similar move from a traditional 401k or IRA into precious metals for retirement? How are you feeling about your decision now? Are there any aspects I should be keeping an eye on that I might be overlooking? I'm curious to hear other's experiences, especially those in a similar boat financially.