Other Retirement Plans

On top of mutual funds, stocks, and bonds which you can purchase directly in your retirement plan, IRA, there are other investments which you may want to consider. These other investments serve different purposes to the conventional stocks, bonds, and mutual funds.

These alternative retirement plan investments are not for every investor. However, sometimes having them add to the diversified investment portfolio. Examples of these investments are: life insurance as an investment for retirement, annuities, and real estate investment.

Annuities provide insurance on your investments

Annuities are not for every investors. However, some investors reallly like annuities. Annuities are a unique product which is a combination of investments and insurance.

Some investors want high returns from investing in the stock market but they are have low risk tolerance and are reluctant to invest in the stock market. For these investors, annuities can provide an answer. Some annuities guarantee a minimum rate of return on your mutual funds. You invest similar to investing in your 401k, 403b, or other employer retirement plans. Your choice of investments is limited to those provided by the annuities company. Annuities can be more complicated than general investments in stocks, bonds, and mutual funds. Click here to learn more about Annuities.

Life Insurance to supplement your IRA retirement income

Life insurance can also be used as a supplement to your IRA and to provide additional retirement income. Unlike popular beliefs, life insurance nowadays is a form of investment. In the past, there were only term life insurance and whole life insurance. With the introduction of variable life insurance, life insurance now has much use for investors. Click here to read about how life insurance supplement retirement income.

Using Real Estate Investment to supplement retirement income

Real estate investment has become very popular as an alternative to investing in the stock market in recent years. Nowadays, people even say that you cannot get rich unless you invest in real estate. To invest in real estate for retirement and put your real properties in your IRA, your IRA needs to be a self directed IRA. Click here to read about Real Estate Investing.

• Annuities