American Hartford Gold

Precious metals have been used as a form of currency and investment for centuries. American Hartford Gold Group is a precious metal company that provides investors with a way to purchase and store gold and other precious metals. American Hartford Gold Group was founded in 1979 and is one of the largest precious metal companies in the United States. American Hartford Gold Group offers a variety of services, including gold IRA accounts, gold storage, and gold bars and coins.

They are dedicated to providing their customers with the highest quality gold and silver products and outstanding customer service. They offer a wide range of products, including gold and silver coins, bars, rounds, jewelry, and other collectibles. They pride themselves on their reputation for honesty and integrity and stand behind their products 100%.

Why Choose American Hartford Gold

When it comes to gold IRA investments, there are many choices out there. But if you’re looking for a reputable company with a long track record of success, American Hartford Gold is a clear choice. Here are four reasons why you should choose American Hartford Gold for your gold IRA investment:

  1. American Hartford Gold is a well-established company with over years of experience in the gold IRA industry.
  2. American Hartford Gold is one of the few companies that offer a “buy-back” program, so you can rest assured that a solid guarantee backs your investment.
  3. American Hartford Gold works with a number of different IRA custodians, so you can choose the one that best meets your needs.
  4. American Hartford Gold has an A+ rating from the Better Business Bureau, so you can be confident that you’re working with a reputable and trustworthy company.

Precious metals

The Pros and Cons of Investing Precious Metal from American Hartford Gold

When it comes to investing in precious metals, there are a lot of different options out there. American Hartford Gold is one option that many investors consider. Here, we will take a look at the pros and cons of investing in precious metals from American Hartford Gold.

PROS:

When it comes to investing in precious metals, many different options are available to investors. One option is to invest in gold from American Hartford Gold. There are many benefits to investing in gold from American Hartford Gold, including the following:

  • American Hartford Gold offers a variety of different investment options, including gold bars, coins, and even jewelry.
  • The company has a long history of providing quality gold products to investors.
  • American Hartford Gold is a well-established and reputable company.
  • The company offers a wide range of services, including storage and shipping.

American Hartford Gold is a great option if you are looking for a reliable and reputable company to invest in gold.

CONS:

Precious metal investing can be a great way to diversify your portfolio and hedge against inflation. However, you should be aware of some drawbacks to investing in precious metals before making any investments. Here is a list of some of the cons of investing in precious metals from American Hartford Gold:

  • Precious metals can be volatile and may not always perform as well as other investments in your portfolio.
  • You may have to pay storage fees to keep your precious metals safe.
  • You may have to pay taxes on any gains you realize from selling your precious metals.
  • It can be difficult to find a buyer for your precious metals when you want to sell them.

These are just a few of the potential drawbacks to investing in precious metals. Before you make any decisions, be sure to do your own research and speak with a financial advisor to see if investing in precious metals is right for you.

What Are the Features of the American Hartford Gold Website

If you’re looking for a gold IRA company that has it all, look no further than American Hartford Gold. Their website is filled with features that make the gold IRA process easy and straightforward. Here’s a list of some of the best features of the American Hartford Gold website:

Weekly Gold and Silver Market Blog

The American Hartford Gold Group is a precious metals dealer that offers a wide range of gold and silver products for investors looking to add physical precious metals to their retirement investment portfolios. In addition to buying and selling physical gold and silver, American Hartford Gold offers a weekly market blog that covers the latest news and developments in the gold and silver markets.

The American Hartford Gold Group website features a user-friendly interface that makes it easy to browse and purchase gold and silver products. In addition, the website offers a weekly market blog that covers the latest news and developments in the gold and silver markets.

  • Real-Time Market Data and Reports

American Hartford Gold Group is a gold IRA company that offers real-time market data and reports on its website. This data and these reports can be extremely useful for investors who are looking to make informed decisions about their gold investments. American Hartford Gold Group is a reliable source of information for investors, and its website is a great resource for those interested in gold investing.

  • Investor Library

Gold has been a popular investment for centuries, and its popularity has only increased in recent years. American Hartford Gold is one of the leading gold dealers in the United States, and its website is a great resource for anyone looking to invest in gold.

The website features a library of resources for investors, including articles on investing in gold benefits, the history of gold as an investment, and how to buy and store gold.

  • RMD Estimator

Since you have to take a Required Minimum Distribution (RMD) from your traditional IRA once you reach age 70 1/2, it’s important to know how much you’ll need to withdraw. The RMD Estimator on the American Hartford Gold website can help you determine how much you need to take out of your account.

This tool is especially helpful if you have multiple IRA accounts. You can input information for each account and get an estimate for each one. The RMD Estimator considers your account’s balance, your life expectancy, and the current IRS interest rate.

This is a helpful tool that can take some of the guesswork out of figuring out your RMD. Knowing how much you need to withdraw can help you plan for taxes and other expenses.

Rare Coins

Rare coin collecting is a fascinating hobby that can involve searching for coins that are valuable for their rarity. The term “rare coin” can refer to a coin that is old, has low mintage, or is in pristine condition. While there are many different ways to collect rare coins, the most important thing is to have fun and learn as you go.

Rare coin collecting can be a great way to start your own business. It can be a fun and rewarding hobby, and it can also be a great investment. If you’re thinking about starting your own rare coin collection, you should keep a few things in mind. Here are the following lists of the top rare coins for investors:

  • The 1787 Brasher Doubloon

The Brasher Doubloon is a gold coin minted in 1787 by Ephraim Brasher, a goldsmith, and silversmith in New York City. The coin is unique in that it is the only known example of a privately minted gold coin in the United States from the 18th century.

The Brasher Doubloon has been described as “the most famous and desirable coin in American numismatics.” It is one of the rarest and most valuable coins in the world, with an estimated value of over $10 million.

The coin was first owned by Brasher himself and then passed down through his family. In 1942, the coin was sold at auction for $725,000, a record price for a coin at that time.

The Brasher Doubloon is a highly coveted coin by collectors and investors alike. Due to its rarity and historical significance, the coin is considered to be one of the top rare coins.

  • The 1787 Fugio Cent

The Fugio Cent, minted in 1787, is one of the rarest and most valuable coins for investors. Only a handful of these coins exist, and collectors highly seek after them. The Fugio Cent is made of copper and is about the size of a modern-day penny. These coins are so rare that they are seldom seen on the market, and when they are, they fetch a high price.

Here are a few key features that make the 1787 Fugio Cent a top choice for investors:

  1. The 1787 Fugio Cent is one of the first coins minted by the United States.
  2. This coin is made of pure copper, which is a valuable metal.
  3. The 1787 Fugio Cent is a large coin, making it rarer than most other coins.
  4. This coin is in good condition, which is important for investors.

If you are interested in investing in rare coins, the 1787 Fugio Cent is a great option. These coins are valuable and rare, making them a great investment.

  • The 723 Umayyad Gold Dinar

As an investor, you always want to be on the lookout for the best opportunities. When it comes to rare coins, there are a few that stand out as being great investments. The 723 Umayyad Gold Dinar is one of those coins. This coin is from the Umayyad dynasty and is one of the rarest and most sought-after coins from that time period.

This coin was minted in 723 Ad during the Umayyad Caliphate, the second Islamic Caliphate. The coin is made of pure gold and is about the size of a US quarter. Only about 10 of these coins are believed to exist today.

The 723 Umayyad Gold Dinar is a rare coin that is highly sought after by investors. This coin is made of pure gold and is one of the only 10 coins of its kind in existence. The coin was minted in 723 Ad during the Umayyad Caliphate, the second Islamic Caliphate. The coin is about the size of a US quarter and is a great investment for those interested in rare coins.

Rare coins for investors

  • The 1343 Edward III Florin

1343 Edward III florin, also known as Double Leopard, is one of the investors’ rarest and most valuable coins. It was minted during the reign of Edward III of England, and only a handful of these coins still exist today. The Double Leopard is one of the most sought-after coins by collectors and investors, and it is sure to continue to increase in value in the years to come.

The 1343 Edward III florin is unique among coins for a number of reasons. It is the only English gold coin from the medieval period that bears the king’s portrait on the obverse. It is also one of the first English coins to feature the king’s coat of arms on the reverse. These features make the coin highly desirable to collectors and investors.

  • The 1943 Lincoln Head Copper Penny

In the world of numismatics, a few coins stand out above the rest as being the most coveted by collectors and investors alike. One such coin is the 1943 Lincoln Head Copper Penny. This penny is significant because it is one of only a handful of copper pennies minted in 1943. The United States Mint switched to producing steel pennies in 1943 due to a shortage of copper during World War II. Because of this, the 1943 Lincoln Head Copper Penny is a highly sought-after coin by collectors.

Here is a list of unique features of the 1943 Lincoln Head copper penny:

  1. The coin is made of 95% copper and 5% zinc.
  2. The coin weighs 3.11 grams.
  3. The coin has a diameter of 19.05 mm.
  4. The coin has a plain edge.
  5. The coin was minted in 1943, during World War II.
  6. The coin features the head of President Abraham Lincoln on the obverse and the Lincoln Memorial on the reverse.

The 1943 Lincoln Head Copper Penny is a great option if you’re considering investing in rare coins. Not only is it a rare coin, but it also has a lot of historical significance. Regarding numismatics, few coins can compete with the 1943 Lincoln Head Copper Penny.

So many people come up with tons of excuses for avoiding saving for retirement. Every one of these excuses sounds good on the surface, but are they really true?

Instead of ignoring this important aspect of life, you should consider thinking about the major reasons why saving for retirement is a good idea.

Four of my favorite reasons for saving money for the time when you finally retire include:

  • Relying solely on Social Security benefits after retiring isn’t the best idea.
  • You don’t want to burden your children with your financial needs
  • You can lower your yearly taxes by investing money into a tax-deferred IRA retirement account
  • Investing over time triggers the compound effect, which is a great way to truly boost your happiness and levels of comfort in retirement

Are you beginning to see why saving for retirement is such a great idea? Keep reading to learn about each of these four reasons in greater detail below.

Relying Completely on Social Security Benefits Isn’t the Greatest Idea

retirement savings

First of all, when Social Security was first founded, it wasn’t set up to be retirees only form of income after they retire from their job. The Social Security Administration tells us that on average, Social Security will replace roughly 40% of a person’s typical wage.

Here’s the thing:

If you speak to a financial advisor, they will tell you that in retirement you’ll need roughly 70% of your former wage to live comfortably. Obviously, if Social Security only replaces 40% of your income, and you need 70% of your former income, you are still missing a large amount of money every month.

That’s where saving for retirement comes in handy.

It’s important to have another source of income – i.e. your savings – to make up the difference. But if you want to live exactly the way you lived while you were working, you’ll actually need to come up with 60% of your prior income every month. The best way to accomplish this without taking on another job is to save enough money so that it’s available once your retirement date finally comes to fruition.

Burdening Your Children with Your Financial Needs Isn’t the Best Idea

This is a bad idea for a number of reasons, but this is something that future retirees definitely need to take into consideration. Consider the following:

  • Do you even have children to take care of you financially after you retire? If not, this obviously isn’t going to be possible.
  • Are your children financially stable enough to begin paying your bills once you’ve retired? In today’s inflated world, the odds are very slim that your children will even have enough money to cover your expenses.
  • Will your children be willing to take you in to their home to help you cut down on monthly expenses? I’m sure that many of them are willing to help, but you’ll really be turning their lives upside down.
  • Would you prefer to live independently without having to rely on your children to cover your retirement expenses? You’ll feel great pride saving money for retirement while keeping your independence without the need for additional outside help.

Begin saving for retirement sooner rather than later. You’ll end up becoming a financial burden on the people you love unless you score a huge inheritance or manage to hit the lottery somehow, which likely isn’t going to happen.

Lower Your Yearly Tax Rates by Investing in a Tax Deferred IRA Account

Not only will saving for retirement help you live comfortably in your later years, but it will also help you live more comfortably during your working years.

How so?

For example, if you were to open a traditional IRA account, you are allowed to deposit a certain amount of money into this account each year. The amount changes year after year according to whatever amount the IRS designates.

In tax year 2022, account holders are allowed to deposit $6000 into this account if they are below 50 years old. For those who are 50 years or older, they are allowed to deposit $7000 into the account.

Let’s say you are 51 years old and you currently make $70,000 per year. If you were to maximize your contribution and deposit the entire $7000, you’d lower your yearly income to $63,000 for tax year 2022.

So, instead of paying taxes on $70,000, you’re only going to pay taxes on $63,000. This is a great benefit because it immediately allows you to keep more of your hard-earned money during your working years.

You aren’t responsible for paying taxes on this income until you begin taking distributions at 59 ½ years old.

Experience the Compound Effect to Truly Increase the Amount of Money Available to You in Retirement

The compounding effect is truly wonderful when it comes to saving for your retirement. Instead of boring you by explaining it, I’ll provide an example of the compounding effect in action.

Let’s say Jim begins contributing to his traditional IRA account at 25 years old. He deposits the maximum amount of $6000 per year throughout his entire work life until he reaches 70 years old, when he finally decides to hang up his work boots for good.

If Jim were to follow this path religiously and max out his contributions for 45 years, his hypothetical net worth at a 10% annual return rate per year would be worth $1,440,592.

Pretty amazing, right?

But here’s what you have to realize. Jim only deposited $270,000 of his own money into this account during those 45 years of work. Compounding interest grew this account exponentially to the point where Jim likely doesn’t have to worry about money ever again for the rest of his life.

Final Thoughts

Do you finally recognize the importance of saving money for retirement? It’s a great idea for many reasons. But it’s particularly important to help you remain independent, avoid becoming a burden on your children, and become fairly wealthy the slow way, even if you never make a big six-figure a year salary.