Loving the feel of real money – my silver stack and how it fits into the bigger picture
- •Thought I'd share a bit about my silver stacking journey, especially since it complements my Gold IRA.
- •I’ve been slowly but surely building up my silver stack for the last five years, mostly with 1oz rounds and some 10oz bars.
- •It’s hard not to love the feel of holding something so tangible, right?
Thought I'd share a bit about my silver stacking journey, especially since it complements my Gold IRA. I’ve been slowly but surely building up my silver stack for the last five years, mostly with 1oz rounds and some 10oz bars. It’s hard not to love the feel of holding something so tangible, right? My total physical metal holdings (counting both silver and the IRA) are somewhere in the $70-75k range right now. I'm a government employee here in Albuquerque, and while the pension is a nice cushion, I really want something more robust to supplement it, and gold/silver just feels like the smartest play long-term.
My strategy for silver is pretty straightforward: buy when I can, usually when I see a dip or a decent deal on premiums. I aim for at least $200-$300 worth every other month, sometimes more if there's an unexpected bonus or I've had a particularly frugal period. It’s definitely my "in case of anything" fund, a hedge against the kind of inflation we’ve been seeing lately, and honestly, it just feels safer than keeping all my eggs in the stock market basket. Plus, unlike my Gold IRA, I can actually hold this stuff in my hands!
The Gold IRA is obviously a bigger chunk of change for my retirement runway, and that’s where the real long-term growth and protection come in. I’ve been thinking more about what my RMDs will look like down the road, and I’ve been playing around with the RMD Calculator I found online to get a better sense of things. It’s kind of an eye-opener to see how those required distributions can impact your strategy. Has anyone here used that tool? What were your thoughts? Always curious to hear how others are planning for those later years.
So, what’s everyone else’s take on silver vs. gold for supplementing pensions or other retirement income? Are you primarily stacking silver for emergencies, or do you view it as a serious retirement asset alongside your Gold IRA? I’m still figuring out the ideal balance, and it's good to hear from folks with similar goals. Thanks for sharing any insights!