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| Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments | 
 enlarge | Author: Nora Peterson
Publisher: Atlantic Publishing Company (FL)
Category: Book
List Price: $21.95
Buy New: $13.73
You Save: $8.22 (37%)
Buy New/Used from $13.71
Avg. Customer Rating:  (11 reviews)
Sales Rank: 15651
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Number Of Items: 1
Pages: 392
Shipping Weight (lbs): 1.1
Dimensions (in): 9.1 x 5.9 x 0.8
ISBN: 091062772X
Dewey Decimal Number: 332.0240145
EAN: 9780910627726
ASIN: 091062772X
Publication Date: July 10, 2006
Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
In recent years many smart investors have exited the stock market because they have essentially lost control of their investments. They have relied on the advice and skill of their brokers, bankers, and financial advisors. Many retirement accounts have dwindled or not increased. Fortunately, there is a great but little-understood alternative: the self-directed IRA. This new book will teach you how to turn your IRA into a wealth-building tool that you control 100%! Take control of your investment future, and make sure your investments are performing for YOU, not someone else. Why haven t your banker and broker ever told you about this new IRA? Because they will no longer make any money on your retirement account! New IRS regulations and the new self-directed IRA make it effortless to build up and keep hold of IRA money. Inside this new book you ll find out how to benefit from the new IRS rules and how to stay away from problems. With a self-directed IRA you can purchase real estate, buy a business or franchise, invest in high-yield mortgages and notes, invest in tax liens and foreclosed homes, manage property purchased by your retirement, rental property, ocean-front property, lake-front property, probate property, commercial property, REO property, tax-lien property, repossessed property, foreclosed property, apartment communities, and storage facilities. You can invest in stocks, bonds, mutual funds, or virtually any investment allowed by IRS regulations. The self-directed IRA lets you act as your own investment manager. We will show you how to set up your account with a custodian or IRA administrator to deal with the day-to-day activities, such as depositing contributions and executing and settling investment transactions. It s easy, fun, and puts you back in control of your retirement account. Retire Rich with Your Self-Directed IRA combines essentials, insight, and insider secrets to secure a financial victory after retirement. **Award-Winning Finalist in t
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| Customer Reviews: Read 6 more reviews...
Great Resource Tool and More September 9, 2008
A great resource on an important topic. Most investors don't realize that Self Directed IRA is the real key to generating the highest return for your retirement. Kudos to the author, I haven't seen much written on this topic. If anyone is looking to open a self directed IRA, I suggest visiting www.celerityplan.com. The author should include this as a resource in the next book. Wonderful results and very "snazzy" model!
Successful Retirement Planning - Knowing the Right Questions to Ask January 20, 2008
9 out of 10 found this review helpful
One of the main goals of author Nora Peterson, in the publishing of this book, was to share information in an easily understood format to increase the awareness of the multiple options available to retirees and future retirees when considering how to invest and protect hard-earned money accumulated over a lifetime.
The book addresses a wide range of critical aspects to be considered when planning for a long-term retirement. It touches upon subjects we have heard about, some that we haven't, and yet others that should be considered when planning for our future and those of our heirs.
Taking control of our financial future
*Movement of retirement funds into a self-directed IRA
*Understanding the roles and responsibilities of an IRA custodian, trustee, and administrator
*Creating a team of professionals to maximize income-producing opportunities while effectively managing risks - especially as it pertains to unnecessary tax penalties which can and should be avoided
Non-Traditional IRA investment options
*Real Estate
*Purchase and sale of mortgage notes
*Owning a business within an IRA or participating in a business partnership
*Buying precious metals
Managing distributions from our IRA
*Circumstances permitting withdrawals prior to age 59 without paying a 10% tax penalty for early withdrawal
*Withdrawals to pay for health insurance when unemployed, without incurring a tax penalty
*Withdraw $10,00 to purchase a first home for a child, grandchild, or parent without penalty
Asset Protection and Stretching Your IRA
*Designation of a single beneficiary; and
*Designation of multiple beneficiaries to minimize tax risks
Getting to the "point" according to Nora Peterson:
"The point is getting through this life with the maximum comfort and security you can arrange and ending up with at least a little left over when you're finished."
That is our intended goal, isn't it?
Retire rich with a SELF directed IRA January 7, 2008
4 out of 5 found this review helpful
Written simply, easy to understand, after 3 other books, this is the one! Just do it! You can buy and sell real estate, etc and put the profit back in and not pay taxes - follow the rules!
You can do it!
 Eye Opener January 7, 2008
3 out of 4 found this review helpful
I purchased this book because I felt nervous having all of my retirement money tied up in the stock market. I knew that other options were available. This book explores those options and alerts you to the pitfalls that await you if you are not careful planning and implementing your strategy.
If You Didn't Know Before, Now You Do! March 22, 2007
11 out of 15 found this review helpful
From the moment you start reading Nora Peterson's book, Retire Rich With Your Self-Directed IRA: What Your Broker & Banker Don't Want You to Know About Managing Your Own Retirement Investments, you cannot help but feel at ease. It is clearly arranged in a very orderly fashion and very easy to follow. The use of her fictional character Jo, made it easy for you to follow along as if you too were walking along with Jo in her journey to financial stability after retirement. This book offers great insight into a world that many are afraid to even venture near, myself included. The step-by-step approach with the aid of the IRA Primer would help even the most common person with no prior knowledge or understanding of finance. It forces one to think about their goals in a long-term sense. The discussion around estate planning is one that is seldom addressed when planning for the future. It is necessary for a person to understand the tax codes and laws governing IRA's and other forms of retirement investment, especially when trying to avoid penalties and other losses to future income. The non-traditional forms of investing using the self-directed IRA were also very clearly explained and encourage the reader to think for him or herself. We are the arbiters of our own destiny! I would highly recommend this book for anyone who has questions or have not previously thought about preparing for their financial future.
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