American Consequences - September 2020

the Government’s Crosshairs?

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One way to keep your retirement assets away from Uncle Sam is to buy silver, gold, and other precious metals somewhere safe and far away, like Silver Bullion, a vault and much more in Singapore that’s run by my friend Gregor Gregerson. Closer to home, Maryland-based Asset Strategies International is a good first stop for gold coins and other precious metals. Buying retirement-oriented real estate can serve two Plan Z purposes: It can put some of that retirement cash to work... while also removing it from the clutches of Uncle Sam. (I wrote about some international real estate options here.) That’s part of the best way to protect yourself against sticky government fingers in your retirement plan: a Plan Z that spreads your risk across banking systems, currencies, citizenships, countries, cultures, real estate markets, and languages. Being forced to convert your IRA into government bonds hurts a lot less if you have other retirement assets elsewhere. None of this is easy or convenient or cheap. But it’s a lot less inconvenient than, say, Uncle Sam channeling Willie Sutton... and finding that the money he’s looking for is yours. Buying retirement-oriented real estate can serve two Plan Z purposes: It can put some of that retirement cash to work... while also removing it from the clutches of Uncle Sam.

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American Consequences

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