WEBVTT 00:00:00.000 --> 00:00:02.560 Welcome to the Deep Dive, where we unpack your 00:00:02.560 --> 00:00:04.440 sources to get right to the heart of a topic. 00:00:04.620 --> 00:00:08.400 And today, you've brought us a really specific 00:00:08.400 --> 00:00:11.759 financial subject, liquidating a gold IRA. Yeah, 00:00:11.980 --> 00:00:14.660 exactly. And this isn't your everyday mutual 00:00:14.660 --> 00:00:16.519 fund we're talking about. No, definitely not. 00:00:16.600 --> 00:00:19.320 It's an account holding actual, tangible, precious 00:00:19.320 --> 00:00:22.699 metals. We're talking gold, silver, platinum. 00:00:23.440 --> 00:00:26.019 Palladium too. That's right. And the key source 00:00:26.019 --> 00:00:29.140 we're digging into today is this guide titled, 00:00:29.559 --> 00:00:33.460 How Do You Liquidate a Gold IRA? Okay. So our 00:00:33.460 --> 00:00:36.399 mission really is to break down what that process 00:00:36.399 --> 00:00:39.159 actually looks like, the practical steps, what 00:00:39.159 --> 00:00:41.079 your options are, and some really critical things 00:00:41.079 --> 00:00:43.320 you absolutely need to think about before starting. 00:00:43.380 --> 00:00:45.820 Right. This is for you, the listener. If you 00:00:45.820 --> 00:00:48.899 have one of these... well, unique accounts, and 00:00:48.899 --> 00:00:50.380 maybe you're thinking about turning that metal 00:00:50.380 --> 00:00:52.840 back into cash or perhaps taking the physical 00:00:52.840 --> 00:00:55.420 metal itself. So we'll cover the why first, like 00:00:55.420 --> 00:00:57.539 the common reasons someone might liquidate. Makes 00:00:57.539 --> 00:00:59.560 sense. Then we'll explore the different ways 00:00:59.560 --> 00:01:01.820 you can actually get your assets out the liquidation 00:01:01.820 --> 00:01:04.739 options. And look at those vital things to consider 00:01:04.739 --> 00:01:06.959 before you even start the process. Definitely. 00:01:07.200 --> 00:01:09.319 Then walk through the step -by -step from the 00:01:09.319 --> 00:01:12.739 source and finish up with some tips. you know, 00:01:12.900 --> 00:01:15.200 how to maybe maximize your returns if possible. 00:01:15.340 --> 00:01:17.939 OK, sounds like a plan. So maybe let's start 00:01:17.939 --> 00:01:20.840 at the beginning. What exactly is a gold IRA? 00:01:21.079 --> 00:01:23.459 The source defines it pretty clearly. Yeah, it's 00:01:23.459 --> 00:01:25.840 an individual retirement account, an IRA, but 00:01:25.840 --> 00:01:28.680 it's specifically set up to hold physical precious 00:01:28.680 --> 00:01:31.379 metals. And that physical part, that's the real 00:01:31.379 --> 00:01:33.989 kicker, isn't it? Totally different from a traditional 00:01:33.989 --> 00:01:37.450 IRA with stocks or funds. Absolutely. You own 00:01:37.450 --> 00:01:41.209 actual physical bars or coins. And it's usually 00:01:41.209 --> 00:01:44.209 what's called a self -directed IRA. Meaning you 00:01:44.209 --> 00:01:46.129 have more control. Exactly. You get to choose 00:01:46.129 --> 00:01:48.109 the specific metals you invest in. People often 00:01:48.109 --> 00:01:50.969 use them to diversify their portfolio. Right. 00:01:50.969 --> 00:01:53.469 Hedging against inflation or maybe economic bumps 00:01:53.469 --> 00:01:56.150 in the road. Holding something tangible. Precisely. 00:01:56.189 --> 00:01:58.469 Something outside the sort of traditional financial 00:01:58.469 --> 00:02:02.500 markets. OK. So you've got this IRA. with physical 00:02:02.500 --> 00:02:05.519 metal, why would you need to liquidate it? The 00:02:05.519 --> 00:02:07.700 guy lists a few key reasons. The most obvious 00:02:07.700 --> 00:02:11.159 one seems to be just retirement. Yeah, that's 00:02:11.159 --> 00:02:13.840 the primary goal of any IRA, right? Eventually, 00:02:14.180 --> 00:02:16.520 you need the funds to live on. So converting 00:02:16.520 --> 00:02:19.219 those assets to cash for living expenses is, 00:02:19.219 --> 00:02:21.520 you know, expected. But it's not just retirement, 00:02:21.639 --> 00:02:23.840 is it? The source mentions portfolio management, 00:02:24.060 --> 00:02:26.520 too. Right. Say your gold holdings have done 00:02:26.520 --> 00:02:29.159 really well and now make up a huge chunk of your 00:02:29.159 --> 00:02:32.080 overall assets. You might want to sell some liquidated 00:02:32.080 --> 00:02:35.599 portion just to rebalance things. To reduce risk. 00:02:35.780 --> 00:02:37.740 Spread things out a bit more. Exactly. Reduce 00:02:37.740 --> 00:02:40.300 that concentration risk. Maybe shift funds into 00:02:40.300 --> 00:02:43.180 other assets. It's about managing the overall 00:02:43.180 --> 00:02:45.099 portfolio performance. And then there's the less 00:02:45.099 --> 00:02:48.800 planned reason. life just happening. Yeah, financial 00:02:48.800 --> 00:02:52.139 needs, emergencies. They can pop up unexpectedly. 00:02:52.780 --> 00:02:56.159 Medical bills, maybe a big home repair. Sometimes 00:02:56.159 --> 00:02:58.460 accessing that Gold IRA might feel like the only 00:02:58.460 --> 00:03:01.139 option if other funds aren't readily available. 00:03:01.219 --> 00:03:02.939 It's like tapping into that retirement safety 00:03:02.939 --> 00:03:05.080 net, which probably has implications we need 00:03:05.080 --> 00:03:07.979 to discuss later. Oh, absolutely. Big implications. 00:03:08.580 --> 00:03:10.979 But knowing it's potentially there, even for 00:03:10.979 --> 00:03:13.620 emergencies, is part of understanding the account. 00:03:13.840 --> 00:03:16.500 OK, so that leads us right into the how. How 00:03:16.500 --> 00:03:19.020 do you actually get the assets out? The guide 00:03:19.020 --> 00:03:21.039 lays out a few main options. First, the most 00:03:21.039 --> 00:03:24.259 common, cash distributions. Yeah, this is pretty 00:03:24.259 --> 00:03:26.900 straightforward. The gold, silver, whatever metal 00:03:26.900 --> 00:03:29.639 you have is sold by the company and you get the 00:03:29.639 --> 00:03:32.080 cash proceeds. The pro is obvious, immediate 00:03:32.080 --> 00:03:36.099 cash, liquidity. Right, but the con and the source 00:03:36.099 --> 00:03:40.280 really emphasizes this is taxes and potentially 00:03:40.280 --> 00:03:42.439 penalties. Especially if you're taking it out 00:03:42.439 --> 00:03:44.800 early. before retirement age. Definitely. It's 00:03:44.800 --> 00:03:46.620 usually treated as regular income, so you pay 00:03:46.620 --> 00:03:49.719 income tax. And if you're under, typically, age 00:03:49.719 --> 00:03:52.900 59 and a half, there's often an extra 10 % penalty 00:03:52.900 --> 00:03:55.400 slapped on top. Ouch. OK, so taxes and penalties 00:03:55.400 --> 00:03:57.939 are a big watch out for cash. What's the alternative? 00:03:58.780 --> 00:04:01.800 The guide calls it in -kind distribution. In 00:04:01.800 --> 00:04:03.840 -kind means you actually take possession of the 00:04:03.840 --> 00:04:06.719 physical metal itself. The bars, the coins, they're 00:04:06.719 --> 00:04:08.819 shipped to you. Why would someone do that? Well, 00:04:08.860 --> 00:04:10.659 maybe you strongly believe the price of gold 00:04:10.659 --> 00:04:12.560 is going way up and you want to hold onto it 00:04:12.560 --> 00:04:15.780 personally. Or maybe you just like the idea of 00:04:15.780 --> 00:04:18.740 having the tangible asset in your own hands outside 00:04:18.740 --> 00:04:21.519 the IRA structure. Okay, so direct ownership 00:04:21.519 --> 00:04:24.240 is the benefit. What are the downsides? Well, 00:04:24.300 --> 00:04:27.079 suddenly you are responsible for storing it securely 00:04:27.079 --> 00:04:30.980 and insuring it. That can get complicated and, 00:04:30.980 --> 00:04:34.000 uh... Potentially expensive. Right. You can't 00:04:34.000 --> 00:04:37.360 just stash gold bars under the mattress. Probably 00:04:37.360 --> 00:04:40.040 not the best idea. And importantly, even though 00:04:40.040 --> 00:04:42.819 you're not getting cash right away, taking the 00:04:42.819 --> 00:04:45.800 metal out of the IRA is still considered a distribution. 00:04:46.459 --> 00:04:48.899 Ah. So it still might have tax implications. 00:04:49.120 --> 00:04:51.560 Yes. It's generally treated like a distribution 00:04:51.560 --> 00:04:54.160 for tax purposes, even if it's metal, not cash. 00:04:54.389 --> 00:04:56.990 the value of the metal at the time of distribution 00:04:56.990 --> 00:04:59.610 is key. Interesting. OK, so cash or physical 00:04:59.610 --> 00:05:02.370 metal, but the guide mentioned a third way, a 00:05:02.370 --> 00:05:04.449 sort of middle ground. Yeah, partial distributions. 00:05:04.529 --> 00:05:05.970 This is actually quite flexible. You don't have 00:05:05.970 --> 00:05:07.589 to liquidate everything. So you could sell, just 00:05:07.589 --> 00:05:10.410 say, half your gold or take delivery of just 00:05:10.410 --> 00:05:13.519 a few coins. Exactly. You liquidate only a portion. 00:05:14.040 --> 00:05:16.300 This lets you get some cash for an immediate 00:05:16.300 --> 00:05:18.660 need, maybe like that home renovation example 00:05:18.660 --> 00:05:21.459 in the guide. Right, John eating $10. Yeah, he 00:05:21.459 --> 00:05:23.660 liquidates just enough gold to cover that $10 00:05:23.660 --> 00:05:26.079 ,000, but the rest of his investment stays put 00:05:26.079 --> 00:05:28.939 in the IRA, still potentially growing, tax -deferred. 00:05:29.420 --> 00:05:32.339 That partial option seems really useful for specific 00:05:32.339 --> 00:05:35.839 needs without blowing up the whole account. OK, 00:05:36.120 --> 00:05:38.959 so those are the ways out. But before you even 00:05:38.959 --> 00:05:41.019 pick one, the guide hammers home some really 00:05:41.019 --> 00:05:44.220 critical things to consider. First up... market 00:05:44.220 --> 00:05:47.120 trends. Oh, this is huge. You're selling a commodity, 00:05:47.379 --> 00:05:49.259 right? Its price goes up and down constantly. 00:05:49.779 --> 00:05:51.720 Timing that sale can make a big difference in 00:05:51.720 --> 00:05:53.920 how much cash you actually end up with. So you 00:05:53.920 --> 00:05:56.139 need to pay attention to the spot price of gold, 00:05:56.180 --> 00:05:58.519 silver. Absolutely. And try to understand what's 00:05:58.519 --> 00:06:00.920 driving those prices. The guide mentions things 00:06:00.920 --> 00:06:03.540 like economic indicators, inflation, interest 00:06:03.540 --> 00:06:06.379 rates, currency values. And like geopolitical 00:06:06.379 --> 00:06:09.149 stuff too. Big world events. Yeah, especially 00:06:09.149 --> 00:06:12.209 for gold. It's often seen as a safe haven. So 00:06:12.209 --> 00:06:14.730 during times of, you know, political uncertainty 00:06:14.730 --> 00:06:18.290 or economic turmoil, the price might go up as 00:06:18.290 --> 00:06:21.509 people seek safety. Understanding those factors 00:06:21.509 --> 00:06:23.769 helps you decide when might be a better time 00:06:23.769 --> 00:06:26.230 to sell rather than just selling whenever. That 00:06:26.230 --> 00:06:28.129 makes sense. It's not just looking at a number, 00:06:28.290 --> 00:06:31.600 but the story behind it. The guide also strongly 00:06:31.600 --> 00:06:34.060 advises looking at other financial options first. 00:06:34.439 --> 00:06:36.680 Yes, definitely. Before you rate a retirement 00:06:36.680 --> 00:06:38.860 account, especially with those potential penalties, 00:06:39.560 --> 00:06:41.459 have you looked at everything else? Do you have 00:06:41.459 --> 00:06:44.300 non -retirement savings? Could you get a personal 00:06:44.300 --> 00:06:47.439 loan? Maybe borrow against other assets? Exploring 00:06:47.439 --> 00:06:50.120 those first might save you a lot in taxes and 00:06:50.120 --> 00:06:52.459 penalties. It really could. It's worth investigating 00:06:52.459 --> 00:06:54.480 thoroughly. And the final consideration before 00:06:54.480 --> 00:06:57.060 pulling the trigger. connected back to your long 00:06:57.060 --> 00:07:00.339 -term financial picture. Absolutely. How does 00:07:00.339 --> 00:07:02.819 taking this money out now affect your overall 00:07:02.819 --> 00:07:05.560 retirement plan? Does it change your timeline, 00:07:05.899 --> 00:07:08.480 your financial security later on? Sounds like 00:07:08.480 --> 00:07:10.870 talking to a professional is key here. Highly 00:07:10.870 --> 00:07:13.790 recommended. The source suggests consulting a 00:07:13.790 --> 00:07:16.089 financial advisor to really evaluate the long 00:07:16.089 --> 00:07:17.949 -term impact. You know, what potential growth 00:07:17.949 --> 00:07:20.269 are you giving up by selling now versus letting 00:07:20.269 --> 00:07:23.449 it ride? OK, so you've mulled over the why, the 00:07:23.449 --> 00:07:25.970 how, the should I. You've considered the market 00:07:25.970 --> 00:07:29.009 alternatives, your goals. You decide, OK, I need 00:07:29.009 --> 00:07:32.029 to do this. The guide then gives a pretty clear 00:07:32.029 --> 00:07:35.170 step by step process. Yep. Step one is basically 00:07:35.170 --> 00:07:37.649 formalizing what we just discussed. Assess your 00:07:37.649 --> 00:07:39.649 financial goals. Why are you doing this now? 00:07:39.750 --> 00:07:42.269 How will you use the funds? Just crystallizing 00:07:42.269 --> 00:07:44.529 that helps make sure the decision is informed. 00:07:44.689 --> 00:07:47.889 Step two, decide on the distribution type. Cash, 00:07:48.250 --> 00:07:51.129 in kind, or that partial option. Great. That 00:07:51.129 --> 00:07:53.730 choice dictates the next steps. Step three is 00:07:53.730 --> 00:07:56.350 simple. Contact your gold IRA company. They're 00:07:56.350 --> 00:07:58.610 your first point of contact. Okay. Step four 00:07:58.610 --> 00:08:00.490 sounds really important, maybe easy to overlook. 00:08:00.810 --> 00:08:03.350 Review your gold IRA agreement. Oh, crucial. 00:08:03.519 --> 00:08:06.319 Don't skip this. That agreement has all the specific 00:08:06.319 --> 00:08:09.000 details for your account with that company. Fees 00:08:09.000 --> 00:08:11.399 for liquidation, any specific penalties, their 00:08:11.399 --> 00:08:14.220 exact procedures. It's all in there. And if it's 00:08:14.220 --> 00:08:16.819 confusing? Call them. The guide says contact 00:08:16.819 --> 00:08:19.199 the company for clarification. Understanding 00:08:19.199 --> 00:08:22.360 those terms up front avoids nasty surprises. 00:08:22.560 --> 00:08:26.620 Good advice. Step five, paperwork. Always paperwork. 00:08:26.720 --> 00:08:29.300 What kind? Usually, according to the guide, an 00:08:29.300 --> 00:08:32.259 application for liquidation, some kind of distribution 00:08:32.259 --> 00:08:34.940 or transfer forms, and maybe a seller's agreement 00:08:34.940 --> 00:08:36.980 if you're taking cash. And the company provides 00:08:36.980 --> 00:08:41.039 these? Typically, yes. The company or the custodian 00:08:41.039 --> 00:08:43.200 of the place actually holding the medal will 00:08:43.200 --> 00:08:44.940 give you the forms, fill them out carefully, 00:08:45.299 --> 00:08:48.399 accurately. Mistakes can cause delays. OK. Now, 00:08:48.440 --> 00:08:51.379 if you chose in kind, getting the actual metal. 00:08:51.740 --> 00:08:54.120 Step six is arranging secure transportation. 00:08:54.200 --> 00:08:56.320 Yeah, you need to get that gold or silver safely 00:08:56.320 --> 00:08:58.700 to you. The guide suggests reputable companies 00:08:58.700 --> 00:09:01.080 usually handle the logistics. They work with 00:09:01.080 --> 00:09:03.580 the custodian. The storage facility. Right. To 00:09:03.580 --> 00:09:06.860 arrange insured, secure shipping, you definitely 00:09:06.860 --> 00:09:08.840 want to confirm the security measures and insurance 00:09:08.840 --> 00:09:11.120 coverage they use. Absolutely. Don't want your 00:09:11.120 --> 00:09:13.799 retirement assets vanishing in transit. OK, and 00:09:13.799 --> 00:09:16.179 the final step, step seven, if you chose cash. 00:09:16.399 --> 00:09:19.059 Withdraw your funds. Once the metal is sold, 00:09:19.299 --> 00:09:21.539 the company or custodian sends you the money. 00:09:21.679 --> 00:09:24.179 Could be a bank transfer, check, whatever method 00:09:24.179 --> 00:09:26.759 they use. And again, remember the tax implications. 00:09:27.080 --> 00:09:29.379 Always circle back to that. Be prepared for taxes 00:09:29.379 --> 00:09:32.500 on that cash distribution. So following those 00:09:32.500 --> 00:09:35.980 steps gets the job done. But the guide also offers 00:09:35.980 --> 00:09:40.879 tips on maybe doing it a bit smarter, maximizing 00:09:40.879 --> 00:09:43.279 returns. Yeah. The big one, again, is trying 00:09:43.279 --> 00:09:45.799 to time the market. It's not easy. Nobody has 00:09:45.799 --> 00:09:48.720 a crystal ball. But try to sell when prices seem 00:09:48.720 --> 00:09:52.220 relatively high. Exactly. Monitor those trends. 00:09:52.379 --> 00:09:55.320 Keep an eye on economic news, geopolitical events. 00:09:55.740 --> 00:09:57.679 Selling when the market is up can make a real 00:09:57.679 --> 00:09:59.480 difference in your payout. And what about things 00:09:59.480 --> 00:10:02.679 to avoid? Common mistakes. The guide points out 00:10:02.679 --> 00:10:04.740 a few big ones. Selling too quickly, like in 00:10:04.740 --> 00:10:07.019 a panic without checking the market first. OK. 00:10:07.299 --> 00:10:09.360 Not fully understanding the fees and penalties 00:10:09.360 --> 00:10:11.840 again. Read that agreement. Right. And probably 00:10:11.840 --> 00:10:15.090 the biggest mistake. not talking to the experts, 00:10:15.730 --> 00:10:18.330 failing to consult a financial advisor or a tax 00:10:18.330 --> 00:10:20.309 professional before you act. Seems like getting 00:10:20.309 --> 00:10:22.889 that expert advice is a recurring theme. It really 00:10:22.889 --> 00:10:25.230 is. It's a complex area, and they can help you 00:10:25.230 --> 00:10:27.750 navigate the financial and tax consequences properly. 00:10:28.039 --> 00:10:31.419 The guide also had a kind of FAQ section, hitting 00:10:31.419 --> 00:10:34.080 some practical questions, like what documents 00:10:34.080 --> 00:10:36.759 specifically are needed? Right. And as we covered 00:10:36.759 --> 00:10:39.460 in the steps, it's usually that liquidation application, 00:10:40.179 --> 00:10:43.580 the distribution or transfer forms, maybe a seller's 00:10:43.580 --> 00:10:46.179 agreement. Your company gives you these. How 00:10:46.179 --> 00:10:48.440 long does this whole process typically take? 00:10:48.820 --> 00:10:52.620 Days? Weeks? Months? The guide says it varies. 00:10:53.100 --> 00:10:55.399 It depends on the company how complex your situation 00:10:55.399 --> 00:10:59.210 is. But generally, think maybe a few days to 00:10:59.210 --> 00:11:02.049 a few weeks. OK, not usually months then. Probably 00:11:02.049 --> 00:11:04.529 not, unless there are complications. They gave 00:11:04.529 --> 00:11:07.250 that example of Jane needing funds for education. 00:11:07.330 --> 00:11:09.289 It took about two weeks for her. And let's hit 00:11:09.289 --> 00:11:11.070 taxes one more time. What's the general rule? 00:11:11.309 --> 00:11:13.570 General rule for cash distributions. It's usually 00:11:13.570 --> 00:11:15.509 taxed as ordinary income in the year you receive 00:11:15.509 --> 00:11:17.710 it. And if you're under 59 and a half, expect 00:11:17.710 --> 00:11:20.669 that likely 10 % early withdrawal penalty on 00:11:20.669 --> 00:11:23.429 top of the income tax. But specifics depend on 00:11:23.429 --> 00:11:26.070 your situation. Absolutely, which is why. Talk 00:11:26.070 --> 00:11:29.429 to a tax pro. Got it. And finally, just confirming 00:11:29.429 --> 00:11:31.649 again, you can take out just a portion. Yes, 00:11:31.710 --> 00:11:34.370 the guide makes that clear. Partial liquidation 00:11:34.370 --> 00:11:36.690 is definitely an option. It gives you that flexibility 00:11:36.690 --> 00:11:39.029 for immediate needs without having to cash out 00:11:39.029 --> 00:11:41.750 your entire holding like John and his renovation 00:11:41.750 --> 00:11:46.470 fund. OK, this deep dive using your source really 00:11:46.470 --> 00:11:49.190 paints a clear picture. Liquidating a gold IRA 00:11:49.190 --> 00:11:52.590 is definitely doable, but wow, it's got more 00:11:52.590 --> 00:11:55.529 layers than just, say, selling some stock online. 00:11:55.659 --> 00:11:58.399 It really does. I think the key takeaways from 00:11:58.399 --> 00:12:01.200 this guide are pretty clear, though. First, really 00:12:01.200 --> 00:12:03.259 understand why you're doing it. Get your financial 00:12:03.259 --> 00:12:06.000 goals straight. Right. Then, know your options. 00:12:06.220 --> 00:12:09.440 Cash, in kind, partial. Understand the pros and 00:12:09.440 --> 00:12:11.519 cons of each. Work closely with your gold IRA 00:12:11.519 --> 00:12:13.559 company. Read that agreement. Absolutely. And 00:12:13.559 --> 00:12:15.960 be super aware of the potential fees, taxes, 00:12:16.139 --> 00:12:18.460 and penalties. Complete the paperwork accurately. 00:12:18.840 --> 00:12:20.500 Think about market timing if you can. Now, whether 00:12:20.500 --> 00:12:22.720 you get cash or arrange shipping for the metal, 00:12:23.080 --> 00:12:25.789 those steps are critical. Yep. and the final 00:12:25.789 --> 00:12:29.950 crucial takeaway. Let me guess. Talk to the professionals. 00:12:30.470 --> 00:12:32.730 You got it. Financial advisor, tax professional. 00:12:33.250 --> 00:12:35.149 They're really essential guides for navigating 00:12:35.149 --> 00:12:37.289 this whole thing properly. So what does this 00:12:37.289 --> 00:12:39.850 all mean for you, the listener? I think this 00:12:39.850 --> 00:12:42.269 deep dive really highlights how something that 00:12:42.269 --> 00:12:45.590 sounds simple, selling an asset gets complicated 00:12:45.590 --> 00:12:48.549 when it's inside a specific retirement account 00:12:48.549 --> 00:12:51.490 holding a physical thing. Exactly. It's not just 00:12:51.490 --> 00:12:54.049 numbers changing on a screen. It involves physical 00:12:54.049 --> 00:12:56.909 logistics, unique market factors. And it brings 00:12:56.909 --> 00:12:58.769 up a really interesting point actually, something 00:12:58.769 --> 00:13:01.210 to maybe chew on. Yeah. Think about the fundamental 00:13:01.210 --> 00:13:03.549 difference between holding, say, a gold coin 00:13:03.549 --> 00:13:06.490 in your hand versus seeing a cash balance in 00:13:06.490 --> 00:13:09.850 your bank account. Tangibility versus liquidity. 00:13:10.149 --> 00:13:12.570 Exactly. When you liquidate that physical gold, 00:13:12.990 --> 00:13:15.769 you're making a big shift, not just in the asset 00:13:15.769 --> 00:13:18.169 type, maybe even in your mindset. Yeah. You're 00:13:18.169 --> 00:13:21.419 trading that feeling of holding something real 00:13:21.419 --> 00:13:24.000 for the convenience and flexibility of cash. 00:13:24.379 --> 00:13:26.600 That's a great point. How does that balance the 00:13:26.600 --> 00:13:29.480 tangible versus the liquid play into your overall 00:13:29.480 --> 00:13:31.539 financial strategy and even your comfort level? 00:13:31.620 --> 00:13:33.460 It's something personal to consider. Definitely 00:13:33.460 --> 00:13:36.100 something to think about. Hopefully this deep 00:13:36.100 --> 00:13:38.980 dive into your sources has shed some light on 00:13:38.980 --> 00:13:42.019 the process of liquidating a gold IRA. There's 00:13:42.019 --> 00:13:45.620 clearly a lot involved, but understanding the 00:13:45.620 --> 00:13:47.480 steps and the key considerations is definitely 00:13:47.480 --> 00:13:49.820 the first move. Couldn't agree more. Keep learning, 00:13:50.100 --> 00:13:51.899 keep exploring, and we'll see you on the next 00:13:51.899 --> 00:13:52.399 deep dive.