Hubby finally agreed to a Gold IRA rollover!
- •You guys, I'm just so giddy right now I had to share!
- •My husband, bless his heart, has always been a bit of a traditionalist when it comes to investments.
- •Stocks, mutual funds, you know the drill.
You guys, I'm just so giddy right now I had to share! My husband, bless his heart, has always been a bit of a traditionalist when it comes to investments. Stocks, mutual funds, you know the drill. For years, I've been bugging him about the importance of tangible assets, especially with all the crazy stuff going on in the world. I'm a farmer's wife, and down to earth is how I like things – I want to be able to see and hold my wealth, not just look at numbers on a screen.
I must have shown him a hundred articles, talked until I was blue in the face about inflation, and even tried to scare him a little with economic doomsday scenarios (not proud of that last one, but hey, desperate times!). He just kept saying our 401k was doing fine, no need to rock the boat. Well, something finally clicked. Maybe it was the news about the housing market dipping again, or the price of groceries getting ridiculous here in Kansas City, but he came home last night and just said, "Okay, babe, let's look into that gold thing."
I nearly fell out of my chair! We spent a good hour researching different companies offering Gold IRA rollovers. Our 401k isn't huge, sitting around $80k, so we're looking to roll over about $30k of that into physical gold. It feels like such a relief to finally have some of our retirement in something real. It’s a peace of mind thing, you know?
Has anyone else had to really convince their spouse about this? What finally got them on board? And for those who have done a partial rollover from a 401k, what was your experience like? Any pitfalls we should watch out for?