Inherited IRA to Gold - My Experience (and why I'm looking at Palladium)

Dude, I can totally relate. My grandma left me a tidy sum in an inherited IRA a few years back. The whole process of figuring out what to do with it was a bit overwhelming. I ended up diversifying into some gold, but palladium is an interesting thought. Definitely curious to hear what you find out!

Hey, interesting post! When you said "pretty sizable chunk," you mentioned roughly $700k. Was that the amount before or after taxes/any early withdrawal penalties from the inherited IRA?

Interesting post. While I totally get the appeal of gold for wealth preservation, especially with an inherited IRA, I'm a bit curious why you're looking at palladium specifically. It's had a pretty wild ride price-wise, and the industrial demand can be pretty volatile. For diversification, I might lean more towards silver or even platinum before palladium, as they generally have more stable demand channels. Just a thought!

Interesting thread, especially the palladium angle. I've been in PMs for decades, starting way back when gold was barely scraping $300. Moved a chunk of my 401k into a Gold IRA about 15 years ago, before it was as mainstream as it is now. What I'd emphasize is the *custodian* selection. Don't just go with the first name that pops up. I made that mistake early on. Ended up paying through the nose on storage fees for years until I wised up and transferred. Pro tip: use the Eligibility Checker first - saved me a lot of hassle. It gives you a good baseline of who's reputable and who's just trying to upsell you. As for palladium, I've dabbled, but it's a different beast than gold for sure, much more industrial demand driven. The volatility can be wild.

Interesting thread! I'm pretty new to the gold IRA space myself – just rolled over a good chunk of my old 401k into a gold IRA a few months back. I'm based in NYC and mainly looking at portfolio diversification. When I first looked at the IRA Calculator at https://calculator.goldirablueprint.com/?forum, I was actually a bit skeptical about the long-term projections, but it did make me pause and think more seriously about precious metals. Now seeing your experience with inherited IRAs and considering palladium, it makes me wonder if I should be thinking beyond just gold for my own growth. Is silver *really* just a "poor man's gold," or does it have a place too?

Totally feel you on the skepticism. I actually inherited a chunk of my uncle's old 401k a couple years back, and after seeing my 403b take a beating in March 2020, I was *done* with just plain old stock market exposure. I started looking into gold IRAs and honestly, the amount of garbage advice and pushy sales tactics out there from some of these companies was unreal.

GIRAB actually helped me sift through the noise. I ended up converting about $75k into physical gold and silver, mostly Eagles and Maples, with Augusta Precious Metals. So far, no regrets, especially watching inflation lately. Palladium is interesting though, never really dived deep into its market. How's its volatility compared to gold?

Interesting thread! I went through a similar process a couple of years ago with an old 401k rollover. Converting a chunk of those retirement savings into a gold IRA was one of the best decisions I’ve made. The stability of precious metals has been a huge comfort, especially compared to the stock market roller coaster in the last few years. The Gold vs Stocks 10-year comparison on the GIRAB site here really puts things in perspective when you're looking at long-term holdings.

This is a really interesting thread, especially the dive into palladium. I've been exclusively in gold for my IRA, mostly because of the historical stability and ease of understanding, but your points about industrial demand for palladium are making me reconsider. Have any of you had to liquidate a significant portion of palladium from an IRA before? I'm curious about the current market depth and spread compared to gold or silver for larger transactions, especially if I'm looking at, say, a six-figure move.

Good to see someone else looking beyond just gold and silver. I did a similar move with a substantial rollover from an old 401k a few years back, not inherited though. The custodians pushed the usual suspects, but I pushed back hard for a larger palladium allocation. Ended up with about 15% palladium, 20% platinum, and the rest split between gold and silver. Palladium's run has been incredible, and it's nice to see some diversification finally paying off beyond the traditional safe haven play. Don't be afraid to demand what you want from your custodian, even if it's less common.

@Paul Hill, that's exactly the kind of situation where a gold IRA shines. I did a similar rollover back in 2018 with a chunk of an old pension plan after watching the market do some truly bizarre things that year. Minneapolis here, and the peace of mind having that 150k-ish protected from the daily hysterics is absolutely priceless, especially with inflation roaring like it has been. You dodged a bullet by converting then, in my opinion.