With the hours counting down to a new and legitimately uncertain 2013, retirement planners – and savers – are doing what they can to try to discover some more profitable, long-term opportunities to help maximize on retirement savings.
Much has been said in the past about the notion of using one's IRA account savings to head off into more abstract but potentially income-generating avenues, and the idea of using the IRA to fund real estate purchases certainly has appeal to some investors with more aggressive goals.
But as Fortune magazine outlines in a recent article, the potential gains to be earned from making real estate purchases with IRA holdings can also come apart when taxation is taken into consideration.
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