Curated News
By: NewsRamp Editorial Staff
December 19, 2024
Next Generation Trust Company CEO Shares Insights on Private Credit in Self-Directed Retirement Accounts
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- Investors can gain a competitive advantage by diversifying their retirement portfolios with private credit investments.
- Private credit allows businesses to borrow funds from non-bank entities, providing sustainable fixed income for investors.
- Private credit investing creates a better world by enabling businesses to access needed funds and offering investors a reliable income stream.
- The private credit market is projected to grow to $2.8 trillion by 2028, providing an interesting opportunity for self-directed retirement accounts.
Impact - Why it Matters
Including private credit in retirement accounts enables investors to create portfolio diversity and a hedge against market volatility, while enjoying a reliable income stream regardless of the economic environment. The private credit market is projected to reach $2.8 trillion by 2028, offering significant growth potential for investors.
Summary
Jaime Raskulinecz, CEO of Next Generation Trust Company, shared insights about including private credit in self-directed retirement accounts. The private credit market is growing due to tighter lending policies, creating opportunities for investors. This alternative asset class allows investors to diversify their retirement portfolios with a wide range of assets such as real estate, precious metals, and private equity funding.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Next Generation Trust Company CEO Shares Insights on Private Credit in Self-Directed Retirement Accounts
