IRA's are Breaking Records!!!!

ELK GROVE, Calif. - Feb. 4, 2015 - PRLog -- Every day I am meeting with individuals approaching retirement or in retirement and one conversation usually pops up somewhere throughout the conversation. It usually goes something like this, "How do I get my kids and grand-kids investing?"

Well 2014 put up a clear banner showing why we should not neglect investing for the future and the IRA is one that is breaking records as a retirement funds shelter. Last year the IRA celebrated its 40th anniversary and even more impressive is the amount of assets currently held in the accounts. Hitting over $7 trillion and expecting to break past $9 trillion in just a few years.

As a retirement advisor this number does concern me and here is why, the majority of this and future increases is expected to come from 401k rollovers. This is a warning to those invested in the market without a fiduciary investment team working for them. The funds being rolled over into IRA's will soon be sent to people's checking accounts and out of the market. These funds were the engine that pushed markets higher and with 10,000 people retiring a day and investments being sold to fund retirement lifestyles will have a frightening affect on the market for the unprepared.

Beyond my warning a question arises about eligibility and why more are not participating. Nearly 85% of those eligible are not consistently contributing to an IRA.

Your children and grand-children can contribute to an IRA generally until the April tax deadline up to $5,500 if under age 50, the catch up contribution for those over age 50 is $6,500. For those with other employer plans like a 401k can contribute a total of $23,500 between 401k and IRA. This is a great conversation to have with children and grandchildren, it can mean the difference of having a retirement of one's nightmares or a retirement of one's dreams.

Information about Matt:
Matt Golab was recruited to write a chapter in Tom Hopkins recent book, Victory which became a National Best Seller. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.

Matt is an authority on creating innovative tax and investment solutions to help his clients succeed in their retirement years.  The strategies Matt Golab has established and passed on through successful financial planning with hundreds of clients over the years has launched him into the national spotlight.

He is often featured in Retirement Advisor Magazine, a publication which attracts the top financial planners in the country. Matt has been featured in newspapers around the country passing on the principals for a successful retirement. Golab is often asked by national websites that focus on the education of consumers to present his knowledge on the areas of retirement and retirement income plans.

Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times and appeared nationwide on ABC, CBS, Fox, and NBC as well as USA Today.

Matt has a weekly radio show where he discusses all aspects of retirement planning, total wealth management, and estate strategies. Through his relationship with Retirement Radio Network experts such as David Walker former Comptroller General of the United States, Harry Dent of the H.S. Dent Foundation, John Bogle of the Vanguard Funds and many more have been heard on his show Income Forever.

Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market".

Contact information for Matt is available at his website, http://www.aaronmatthewsfinancial.com/

Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.