Spouse finally convinced me on a Gold IRA - what a relief!

• •For context, we're both in our late 30s, live here in SLC, and our portfolio was pretty heavy on tech stocks and a few mutual funds.
• •Honestly, I always thought gold was sort of an old-money, boomer thing, and I'd been doing pretty well with my regular investments, so why change?
• •My advisor even agreed with me for a while, but then things started feeling a little… shaky, you know?

Okay, so after months of my wife, Sarah, gently (and sometimes not so gently) nudging me about diversifying our retirement, I finally pulled the trigger on a Gold IRA last month. For context, we're both in our late 30s, live here in SLC, and our portfolio was pretty heavy on tech stocks and a few mutual funds. Honestly, I always thought gold was sort of an old-money, boomer thing, and I'd been doing pretty well with my regular investments, so why change? My advisor even agreed with me for a while, but then things started feeling a little… shaky, you know?

Sarah kept bringing up inflation concerns, especially with everything going on globally, and she’d send me articles about how gold performs during economic uncertainty. What really got me was when she pulled out some old statements from my dad’s portfolio from the 2008 crash. He had some gold at the time, and while everything else was getting hammered, that part of his portfolio held its own. It was a stark reminder that even though I've seen good growth, it's not always going to be that way, and having a hedge is just smart.

So, we started with a smaller chunk, about $75k from an old 401k rollover. It wasn't a huge amount for our overall ~$400k portfolio, but it felt significant enough to make a difference without giving me cold feet. The process itself was way simpler than I anticipated. My financial advisor here in Salt Lake City was actually really helpful once I told him we were serious about it; he even had a couple of clients already in gold IRAs whom he connected us with for their insights. What kind of allocation did you all start with when you first got into precious metals, especially if you were initially skeptical?

I feel a lot more secure now, honestly. It’s a peace of mind knowing that come what may with the stock market, we have a tangible asset holding some value. Plus, thinking long-term about RMDs (Required Minimum Distributions), having some physical assets could be an interesting play. I know there's that RMD Calculator tool online that I've been meaning to really dig into to see how that'll factor in down the line. Anyone else feeling that extra layer of security with their Gold IRA given the current economic climate?