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    Thinking long-term: Gold for the grandkids' future?

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    Key Takeaways
    • Okay, so I've been helping clients in Salt Lake generally with their Gold IRAs for a while now, and of course, I have my own.
    • Got about $350k tucked away in various physical gold assets within my own IRA right now, mostly American Gold Eagles and some Canadian Maples.
    • My wife and I are thinking a lot lately about our kids, who are still pretty young, and what we want to leave them down the line.
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    Okay, so I've been helping clients in Salt Lake generally with their Gold IRAs for a while now, and of course, I have my own. Got about $350k tucked away in various physical gold assets within my own IRA right now, mostly American Gold Eagles and some Canadian Maples. My wife and I are thinking a lot lately about our kids, who are still pretty young, and what we want to leave them down the line. We’re not talking about just a few grand for a down payment, but something substantial that can really weather any financial storms.

    The traditional advice is always stocks, real estate, etc., but honestly, I'm just so bullish on gold for long-term wealth preservation, especially with the way the dollar has been acting lately. I've seen firsthand how it’s protected portfolios when everything else is going nuts. My clients who got into gold before a big market dip often thank me, and it solidifies my own belief. I’m picturing a trust, perhaps, or some other mechanism to directly pass on physical gold rather than just cash equivalents when that time comes. The idea of them inheriting something tangible, something that’s been valued for millennia, really appeals to me. It feels more… substantial than a fluctuating stock portfolio.

    My big question is around the logistics and tax implications of generational wealth transfer specifically with physical gold. Has anyone here actually gone through the process of setting up trusts or other vehicles to pass on gold to their children or grandchildren? What are the best strategies for minimizing gift or estate taxes? Are there specific types of gold that are better suited for this purpose, say, less common denominations for easier division, or specific mints known for enduring value? I'm trying to think beyond just leaving them a will, and actually building a legacy here. Any lessons learned, good or bad, would be super helpful.

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    Best Answer▲ 15 upvotes
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    ronald_morris👑Elite (1m-5m)
    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    Comments (7)

    1
    dorothy_lopez💰Established (100-250k)Real Investorabout 1 month ago

    That's a solid portfolio, no doubt. But for the grandkids, especially if they're still young, have you considered something with a bit more upside potential? Gold is great for stability and wealth preservation, but for multi-decade growth, other assets might offer a better return. Maybe a mix? Keep some gold for that bedrock, but diversify into growth stocks or even real estate for their future. Just a thought!

    5
    michael_anderson🏆Advanced (250-500k)Real Investorabout 1 month ago

    This is a super interesting idea! I've been thinking along similar lines, though maybe not quite as far out as grandkids just yet, more for my own retirement comfort. But I totally get the long-term play. I actually started my own Gold IRA with a similar amount to you, mostly Eagles too. The stability is just so appealing, especially with all the market fluctuations these days. Makes me feel a lot better about the future.

    1
    frank_rivera💎Premium (500k-1m)Real Investorabout 1 month ago

    This is a super interesting idea! I've mostly thought about Gold IRAs for *my* retirement, but the grandkids' future is a whole other level of long-term planning. I'm curious, what kind of time horizon are you thinking for this? Like, are we talking their college fund, their first home, or something even further out?

    2
    linda_taylor📊Growing (50-100k)✓ Verifiedabout 1 month ago

    Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

    15
    ronald_morris👑Elite (1m-5m)Real Investorabout 1 month ago

    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    8
    michelle_collins🏆Advanced (250-500k)Real Investorabout 1 month ago

    Interesting take. I've heard the opposite from a few people though — would love to see some actual numbers on this.

    4
    donald_nelson💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

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