Rolled my 401k into a Gold IRA after retirement and never looked back

• •After 30 years with Ford, I pulled the trigger on retirement back in 2018.
• •Had a decent chunk in my 401k, about $700k sitting there, and I’d been watching the market swings for decades.
• •Honestly, I'd been buying physical gold and silver since the late 90s, just a little here and there, building up a decent stash at home.

After 30 years with Ford, I pulled the trigger on retirement back in 2018. Had a decent chunk in my 401k, about $700k sitting there, and I’d been watching the market swings for decades. Honestly, I'd been buying physical gold and silver since the late 90s, just a little here and there, building up a decent stash at home. So when it came time to really think about protecting that retirement nest egg, a Gold IRA just made sense for me.

I know some folks on here are all about growth, growth, growth with stocks and whatnot, but for me, especially being retired in Detroit, capital preservation is the name of the game. I worked hard for that money, and frankly, I don't trust the government or the banks as much as I used to. The process of rolling over the 401k wasn't too bad – found a solid custodian, got everything transferred directly to avoid taxes and penalties. It’s comforting knowing a good portion of my retirement funds are in something tangible, something that’s outlived every fiat currency in history.

For those of you on the fence, or maybe just starting to look at this, definitely do your homework. I spent a lot of time poring over different companies and their fees. It's not a set-it-and-forget-it kind of thing, you still need to be aware of what's happening. I’ve even been using tools like the Gold vs Stocks Comparison to keep an eye on how gold is stacking up against the DOW and S&P 500 – really helps put things in perspective over the long haul. Are any of you other retirees here seeing similar peace of mind with a significant portion of your portfolio in precious metals?