Rolled over 401K into Gold IRA, loving it so far - who do you guys use?

Ruth Perez

Back to forum

🔄 Rollover

Rolled over 401K into Gold IRA, loving it so far - who do you guys use?

ruth_perez📊Growing (50-100k)

about 2 hours ago

Key Takeaways

•Just wanted to share my experience and hear from others.
•I finally pulled the trigger on rolling over part of my old 401K into a Gold IRA earlier this year.
•I ended up going with Augusta Precious Metals after doing a ton of research.

Compare top Gold IRA companies — free

Just wanted to share my experience and hear from others. I finally pulled the trigger on rolling over part of my old 401K into a Gold IRA earlier this year. I'm a government employee here in Albuquerque, and while the pension is nice, I really wanted to diversify and have some tangible assets outside of just paper. My total portfolio for this was about $65k, so definitely on the smaller side compared to some of the whales out there, but still a significant chunk for me.

I ended up going with Augusta Precious Metals after doing a ton of research. Their customer service was awesome, really walked me through the whole process, and honestly made me feel a lot more comfortable about making such a big move. The fees seemed reasonable for my amount, and I appreciate their transparency. It's only been a few months, but seeing that physical gold sitting there (well, in the vault, you know) gives me a sense of security I didn't have before. The peace of mind alone is worth it, especially with all the economic uncertainty these days.

I know there are a lot of options out there, and I want to potentially add more in the future. For those of you who have similar-sized portfolios (say, under $100k) or have done a 401K rollover, who did you go with? Any companies you absolutely love or, conversely, any you'd tell people to stay away from? Looking for more anecdotal experiences rather than just company websites.

Also, any thoughts on adding silver to the mix down the line, or is it better to just stick with gold for a smaller IRA? Thanks in advance for any insights!

3 comments

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →

86 people viewed this today10 members requested a free kit this week16 investors bookmarked this

Best Answer▲ 8 upvotes

joseph_harris📊Growing (50-100k)

That's awesome to hear you're liking it! Quick question – when you say "part of my old 401K," did you just roll over a specific percentage, or was there some other criteria you used to decide how much to allocate?

Comments (3)

carol_carter💰Established (100-250k)Real Investor•less than a minute ago

Dude, same! I did a partial rollover from my old work 401k last year and it's been such a relief. Not gonna lie, the paperwork was a bit of a slog but totally worth it for the peace of mind. I went with [insert company name if you were comfortable sharing, but don't feel pressured] and they were super helpful walking me through it all.

joseph_harris📊Growing (50-100k)•less than a minute ago

jason_morgan💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

That's great you're feeling good about your Gold IRA! It's definitely one way to diversify. I've personally opted for a different approach though, focusing more on a mix of real estate and dividend stocks for my alternative assets. While gold has its benefits, I've always been a bit wary of its limited growth potential compared to other investments, especially when you factor in storage fees and bid-ask spreads. To each their own though, glad it's working out for you!

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

Under $100k? Compare options →