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    Roth vs. Traditional Gold IRA - Still debating years later for my next step

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    Key Takeaways
    • I'm sitting on a pretty good chunk, maybe around the $800k mark right now, and a solid 15 years into my retirement from the Navy.
    • If anything, they're only going to creep up to fund whatever new domestic project or international obligation pops up.
    • Hawaii ain't cheap, as anyone living here knows, and managing finances with a long horizon is critical.
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    Okay, so this has been gnawing at me for a while, and since I'm looking at moving some more of my portfolio into physical, I figured I'd throw it out to you all. I'm sitting on a pretty good chunk, maybe around the $800k mark right now, and a solid 15 years into my retirement from the Navy. Most of my gold IRA (Gold IRA Info) is in a traditional setup, purely because that’s what made sense when I first got into it back in the day, pre-tax deductions were king. But now, with inflation doing its thing and all the talk about future tax hikes, I’m seriously re-evaluating whether to go Roth for my next tranche of investments.

    My thinking is, given the global economic climate, particularly with the rumblings out of APAC and the shifting dynamics, I just don't see taxes going down. If anything, they're only going to creep up to fund whatever new domestic project or international obligation pops up. Hawaii ain't cheap, as anyone living here knows, and managing finances with a long horizon is critical. I'm already pretty comfortable on the income side, so those upfront tax deductions from a Traditional IRA aren't as impactful for me anymore as the prospect of tax-free withdrawals down the line.

    The main hesitation is missing out on the immediate tax break, which, let's be honest, is always nice. But what's a few grand now compared to potentially paying taxes on hundreds of thousands in gains later when I'm even deeper into retirement? I mean, we're talking about tangible gold, not just paper assets. The values are likely to be substantial anyway. For those of you who've made the switch or even just thought about it, what pushed you one way or the other? Did you regret your decision down the line?

    Is anyone else thinking along these lines, especially those of us with a good chunk of our lives behind us and a view from the Pacific on how things are shaking out globally? I'm specifically looking at gold rounds for this next step – the premiums usually seem a bit more reasonable than coins from what I've seen. Any insights on that specifically, too?

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    3 comments

    The biggest mistake retirees make with their 401(k)

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    Best Answer▲ 5 upvotes
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    janet_cook📊Growing (50-100k)

    Dude, I hear you! I went through a similar thing a few years back when I was consolidating a couple old 401ks. The Roth vs. Traditional debate for precious metals is a whole different beast than just stocks. I ended up splitting the difference a bit, which probably wasn't the "optimal" play, but it let me sleep at night. Good luck with your decision!

    Comments (3)

    5
    janet_cook📊Growing (50-100k)less than a minute ago

    Dude, I hear you! I went through a similar thing a few years back when I was consolidating a couple old 401ks. The Roth vs. Traditional debate for precious metals is a whole different beast than just stocks. I ended up splitting the difference a bit, which probably wasn't the "optimal" play, but it let me sleep at night. Good luck with your decision!

    4
    donna_rogers🏆Advanced (250-500k)Real Investorless than a minute ago

    Hey, cool post! Just curious – when you say "moving some more of my portfolio into physical," are you talking about adding more physical gold specifically to your existing Gold IRA, or are you considering a general shift in your overall portfolio that includes adding more gold exposure outside of the IRA too?

    3
    betty_king📊Growing (50-100k)less than a minute ago

    Honestly, the Roth vs. Traditional debate for a Gold IRA especially at your stage might be overthinking it a bit. With $800k and 15 years post-Navy retirement, have you really considered the practicalities for *physical* gold? The storage, insurance, and eventual liquidation of a large physical holding within an IRA structure can add layers of complexity that sometimes overshadow the tax advantages gained by choosing one over the other. Just something to chew on when you're looking at the big picture.

    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.

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