(This is a sponsored post by GuidedChoice.)
Investing is essential for laying the foundation to your future. And wise investing will help provide the retirement dream that you’ve always wanted. For example, if you’ve already maxed out your 401k limit, then you can open up an IRA account; an IRA allows you to invest your hard-earned money without the massive tax implications.
The good news is, whether you’re signing up for your first IRA — or even rolling over an existing IRA — GuidedChoice saves you time and frustration by providing professional management and personalized plans, thereby taking the stress out of investing and rebalancing, and allowing you to set it and forget it. In fact, signing up is so easy it only takes a few minutes to start a personalized GuidedChoice IRA. I know because I set up an IRA of my own through GuidedChoice and the process was extremely easy. From start to finish, the whole process took me less than five minutes!
GuidedChoice has assisted more than 1.5 million customers and manages over $15 billion in assets. And their easy-to-use digital platform makes signing up a breeze! The user-friendly interface allows you to create your own personalized plan from five different managed IRA solutions that you can use to help ensure your golden years will be financially secure. In addition to Traditional and Roth IRA options, individuals can also invest in a SIMPLE or SEP IRA plan. Meanwhile, small businesses looking for an IRA for their employees have the options of investing in a SIMPLE, SEP, or Payroll Deduction IRA; simply select your IRA type (i.e., Traditional, Roth, or SEP), enter your information, and confirm.
By the way, the platform also offers helpful tools such as rebalancing and projected wealth calculators that help you make more informed decisions about saving for your future based upon potential future returns. For example, you can see how small adjustments can create various outcomes, helping you make informed decisions regarding common questions such as how much you should be saving to reach your goals and how much you can safely withdraw without affecting future goals — all of which are important features that help take the worry out of retirement planning.
For those who want that personal touch, their concierge service can help you determine the type of IRA that will work best for you — whether it’s with GuidedChoice or not.
Because there is no one-size-fits-all IRA, GuidedChoice gives you the ability to customize a plan to your liking, based on your preferred savings rate and withdrawal date. From there, they’ll provide a diversified investment portfolio, based upon a rigorous and proprietary methodology designed by Nobel Laureate, Dr. Harry Markowitz, that you can fit to meet your savings goals. GuidedChoice’s digital intelligence continuously monitors the funds you’re invested in and rebalances your account when necessary to keep you on track.
Best of all, GuidedChoice’s managed IRAs are totally transparent and their pricing is all-inclusive; and because you never have to worry about hidden fees, you always know what you’re paying. Prices are very affordable, and vary depending on the investment fund fees in your portfolio; they currently range from $5.70 to $6.30 per year for every $1000 in your account. And because there’s no minimum balance required to open an account, you can start planning for your retirement right now with just a small amount of money. However, keep in mind that there is an additional $50 annual fee for balances under $50,000.
The Bottom Line
Investing is an important parts of your personal finances. Even so, while everyone sees the importance of investing, very few people are properly planning. Remember, the earlier you start, the more potential your portfolio has to make the most of your money. GuidedChoice can help you in that endeavor by providing transparent low-fee services that allow you to see what you would pay at any account value.
Photos Credit: Pug 50