Written by Retirement Advisor Published June 2, 2026 · Last updated August 11, 2026
A Gold IRA is a self-directed IRA that holds physical gold and other IRS-approved precious metals instead of stocks or bonds. The IRS sets specific rules: eligible gold generally has to be at least 99.5% pure (with an exception for American Gold Eagle coins), and the metal must be held by an approved custodian and stored in an IRS-approved depository, not kept at home. Whether a Gold IRA is right for you depends on how much of your portfolio you want in a non-yielding asset, your time horizon, and your existing mix of stocks, bonds, and cash. The video below shares one perspective on making that call.
This is a paid advertisement. don’t take financial advice from Dr. Phil. There are much better people to learn from. Suze Orman Keith Fitz Gerald. Ray Dalio. lots of good sources. if you go with a paid source they are. bias towards gold at all times.
People typically turn to gold for a few reasons: Protection against inflation, Concern about market volatility, Distrust in banking systems or government instability, Desire for diversification, and Wanting a tangible asset they can physically own. Gold is often viewed as a preservation asset rather than a growth asset. That distinction matters. Gold may offer stability during uncertain times, but retirement planning works best when it’s built on wisdom, balance, and a clear understanding of both risk and long-term goals.
This is a paid advertisement. don’t take financial advice from Dr. Phil. There are much better people to learn from. Suze Orman Keith Fitz Gerald. Ray Dalio. lots of good sources. if you go with a paid source they are. bias towards gold at all times.
People typically turn to gold for a few reasons: Protection against inflation, Concern about market volatility, Distrust in banking systems or government instability, Desire for diversification, and Wanting a tangible asset they can physically own. Gold is often viewed as a preservation asset rather than a growth asset. That distinction matters. Gold may offer stability during uncertain times, but retirement planning works best when it’s built on wisdom, balance, and a clear understanding of both risk and long-term goals.
Gold shouldn't be viewed as an investment. Make sure you do your own homework and intentionally looking at good arguments for and against your views.