What we call "a modern economy" is a complete and total fraud. It's design is to transfer all real assets from We The People to the PTB. The "money" you have in funds is really just a withdrawal right in a shared bank account. The money itself is owned by the fund manager to do with as they please. Per the fund contract you are entitled to a share of the dividends of the underlying stocks that the fund is invested in, but you yourself do not own any of the underlying stocks. If the fund, or the company that holds the funds goes under, you lose everything. Of course you can sue them.
Good luck with that in the apocalypse.
In other words, there is nothing real there. You have withdrawal rights from a shared bank account, nothing more. If instead you transfer all that wealth into real assets, you will have legal ownership of real assets.
Assets that are good:
Stock in a company you like, registered in your name. It's not great, but its sometimes the best you can do with the way retirement accounts are constructed. I would transfer all of your fund accounts into specific companies that you think are worth investing in (hint: probably not Facebook, Twitter, Google, Apple, any of Big Pharma, etc.).
Putting money into in hand physical assets is best, but pretty much impossible to do with retirement accounts without substantial penalties (I'm sure there are tricks there I don't know about.)
You could take all of your "Nest eggs" and buy real physical silver, gold, or land. You could withdraw all the money from your funds and buy stock in a solid company that you like and register the stocks in your name (they are normally registered to your broker unless you register them at the custodian, or purchase them through a transfer company like Computershare (or gift them to an account in your name at such a company from your broker)).
Alternatively you can use your IRA to buy physical metals (I highly recommend silver) and store them at a place. This is not nearly as good as in hand physical silver when the SHTF, but it avoids penalties. This path, along with buying stock, both assume that society won't completely breakdown.
What we call "a modern economy" is a complete and total fraud. It's design is to transfer all real assets from We The People to the PTB. The "money" you have in funds is really just a withdrawal right in a shared bank account. The money itself is owned by the fund manager to do with as they please. Per the fund contract you are entitled to a share of the dividends of the underlying stocks that the fund is invested in, but you yourself do not own any of the underlying stocks. If the fund, or the company that holds the funds goes under, you lose everything. Of course you can sue them.
Good luck with that in the apocalypse.
In other words, there is nothing real there. You have withdrawal rights from a shared bank account, nothing more. If instead you transfer all that wealth into real assets, you will have legal ownership of real assets.
Assets that are good:
Stock in a company you like, registered in your name. It's not great, but its sometimes the best you can do with the way retirement accounts are constructed. I would transfer all of your fund accounts into specific companies that you think are worth investing in (hint: probably not Facebook, Twitter, Google, Apple, any of Big Pharma, etc.).
Putting money into in hand physical assets is best, but pretty much impossible to do with retirement accounts without substantial penalties (I'm sure there are tricks there I don't know about.)
You could take all of your "Nest eggs" and buy real physical silver, gold, or land. You could withdraw all the money from your funds and buy stock in a solid company that you like and register the stocks in your name (they are normally registered to your broker unless you register them at the custodian, or purchase them through a transfer company like Computershare (or gift them to an account in your name at such a company from your broker)).
Alternatively you can use your IRA to buy physical metals (I highly recommend silver) and store them at a place. This is not nearly as good in hand physical silver when the SHTF, but it avoids penalties. This path, along with buying stock, both assume that society won't completely breakdown.