Should I be looking at Palladium for my IRA? RMDs coming eventually...

Susan Clark

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Should I be looking at Palladium for my IRA? RMDs coming eventually...

susan_clark💰Established (100-250k)

about 1 month ago

Key Takeaways

•Okay, so I've been deep down the rabbit hole lately, and a colleague mentioned palladium as an interesting play for an IRA.
•I'm a marketing exec here in Minneapolis, and the goal is to punch out around 55, maybe 58 at the latest.
•So, thinking about future RMDs is definitely on my mind, though still a ways off.

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Okay, so I've been deep down the rabbit hole lately, and a colleague mentioned palladium as an interesting play for an IRA. Currently, my physical gold and silver make up a solid chunk of my $200k retirement portfolio, and I'm really happy with how they've performed, especially with all the economic uncertainty out there. I'm a marketing exec here in Minneapolis, and the goal is to punch out around 55, maybe 58 at the latest. So, thinking about future RMDs is definitely on my mind, though still a ways off.

My concern with palladium is the volatility. I know all precious metals have their ups and downs, but it feels like palladium can really swing. Is that something you guys are seeing in your IRAs? I'm trying to balance growth with maintaining a relatively stable base for when those required minimum distributions actually kick in. I've been using that RMD Calculator on Gold IRA Blueprint to get a sense of what I'll actually need to pull out later, and it’s a good reminder to not get too speculative.

So, for those of you who have palladium in your self-directed IRAs, what's been your experience? Any regrets, or has it been a solid performer for you? I'm talking about actual physical palladium here, not ETFs or anything. Are there specific reasons you chose it over, say, more platinum or just stacking more gold? Would love to hear some real-world input before I even bother talking to my custodian about it.

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6 comments

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Best Answer▲ 11 upvotes

jennifer_martinez💰Established (100-250k)

I keep going back and forth between gold and silver allocations. The gold-to-silver ratio right now is making silver look attractive.

Comments (6)

jennifer_martinez💰Established (100-250k)Real Investor✓ Verified•about 1 month ago

Oh man, I hear you! I actually went down a similar rabbit hole last year. My IRA is smaller than yours, but I've got a decent chunk in physical gold/silver too. I looked into palladium, and while it *sounds* interesting, the spread and liquidity concerns kinda scared me off for something in my IRA. For RMDs, I'm trying to keep things as straightforward as possible to avoid any headaches. Have you looked into platinum at all? Heard some good things there as a potential alternative, though I haven't pulled the trigger myself.

michelle_collins🏆Advanced (250-500k)Real Investor•about 1 month ago

Interesting! It definitely feels like palladium gets less airtime than gold and silver. When your colleague mentioned it, did they lean more into the industrial demand side or the precious metal/store of value aspect for an IRA, especially with RMDs on the horizon?

michelle_collins🏆Advanced (250-500k)Real Investor•about 1 month ago

Interesting thought process, given the RMDs are on the horizon. While palladium has had some wild runs, I'd personally be a bit cautious about adding too much of it for *long-term* IRA holdings, especially if you're thinking about eventual liquidation for RMDs. It's a much smaller, more volatile market than gold or silver, and liquidity might be tougher when you actually need to sell. Plus, industrial demand is a huge driver, which can be fickle.

You're already happy with gold and silver performance, which are generally more stable and liquid. Maybe boosting those, or even looking at other less volatile IRA-eligible assets, would be a safer bet for those RMDs rather than adding another, more speculative metal to the mix. Just a thought!

laura_sanchez💰Established (100-250k)Real Investor✓ Verified•about 1 month ago

Hey, interesting question! Palladium can definitely be an intriguing option to diversify, especially with RMDs on the horizon. While gold and silver are the classics, palladium has its own unique market dynamics.

One thing to keep in mind is that the IRS has specific fineness requirements for precious metals held in an IRA, including palladium. So, if you're looking at specific bars or coins, make sure they meet those standards to avoid any headaches down the line. Good luck!