Quote Originally Posted by rbeau30 View Post
I have recently come to thinking. What if my retirement fund (Roth IRA) is still "worth" the same in 20 years as it is now despite contributing to it for the last 10 years. What if: the bank who I am sending my monthly contributions to my Roth IRA goes under between now (34 YO) and when I need it (65 YO).

30 years????

Do I have faith that the USD will endure that long?

My dilemma. Cash in now and convert it to physical precious metals that I have in my hand and have control over. A quote comes to mind though I cannot place the person who said it along the lines of, "The same amount of dollars will not buy you a loaf of bread 20 years from now as today, but the same amount of silver will buy you a loaf of bread today as will 20 years from now." Or something like that.

What I am realizing is that it is not that the price of precious metals is not going up... it is the value of the USD is in fact going down. (the USD buys less and less daily!)

I have this constant draw to liquidate my Roth IRA to which I have been contributing to for the last 10 years (and bearly seeing the value go above what I have contributed) or waiting it out for the stock market to "go back to what I did not want to get down to"

Any Financial Advisors in the house?
While I'm not a financial advisor, I do know it's possible to convert your IRA to physical gold because I've looked into it. A quick Google search will find you info, like this (salesly) article, but there are risks, as highlighted here. (Basically don't let yourself get steered away from buying bullion and into coins). And my other concern is that doing this means someone else holds the physical gold I (theoretically) put my money into - and I just don't trust people and companies enough to hand them my retirement and hope they'll (a) be around when I need it, (b) not abscond with some or all of my gold, and (c) the government will even allow me to have my gold when I need it. The government seizing all physical gold isn't exactly unprecedented historically.

Anyhow, if you go down this path, consider all this, and don't go all in at once. Diversify diversify diversify as they say. Hope this helps some.