Author: Mike Silvestrini       Published: 8/3/2021       Energea

Retiring off Renewables

 

When someone switches employers or careers, many people take their retirement funds with them by “rolling them over” into an IRA. Most IRAs are managed by a handful of large firms like Charles Schwab and Fidelity. A rollover IRA allows you to continue to take advantage of tax benefits when you leave a former employer’s 401(k) plan.

 

Most people don’t know that they can take control of their IRA and invest all or a portion of it in the things they choose, whether that’s a local real estate play, gold or an investment in their area of expertise by “self-directing” their IRA.

 

The primary benefit of using a Self-Directed IRA (or SDIRA) is diversification. Instead of being tied up exclusively in volatile, and sometimes low-yielding stocks, bonds, ETFs, and mutual funds, you can invest in other sectors that most retirement accounts have no access to – including renewable energy projects managed by Energea.

To assist Energea’s investors with setting up a SDIRA, we partnered with The Entrust Group.

 

For almost 40 years, Entrust has administered nearly $3 billion in total assets and is fully insured by the FDIC.

By opening a SDIRA account with the Entrust Group, you can choose to invest in a diverse portfolio of renewable projects through the Energea platform.

Renewable Energy projects are a good match for long-term retirement investments due to their long-term, consistent dividend yield and compounding returns.

If we want to limit the effects of climate change, we need to direct our capital towards carbon-free technologies and investments and SDIRAs, plus the Energea platform, is a great way to achieve your environmental and retirement objectives at the same time.

 

Create an Energea account and select “IRA” as a funding source to direct your retirement plan towards an asset class that can do more than produce a return on investment.

Thank you for your commitment to investing in a better future with Energea.

Mike Silvestrini
Managing Partner

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