Edwin Kelly is the owner of Specialized IRA Services. He helps investors leverage their self-directed tax-advantaged accounts so that they can successfully grow their retirement fund, family legacy, and business. In this week's episode, Edwin explains how you can build wealth in a tax-free environment and how you can get smarter about your retirement even when it's 'too late.'

Key Takeaways:

• Edwin is an expert when it comes to leveraging self-directed IRAs.
• Who is Edwin and how did he get started in this field?
• What are self-directed accounts?
• Edwin explains the type of tax protection and asset protection you can have through a self-directed account.
• What are the different types of self-directed accounts you can choose from?
• Who would not benefit from something like this?
• How can you get started?
• Edwin shares a case study of how a typical transaction would play out.
• How can you fund your child's education with a self-directed account?
• Feel like you've missed the boat when it comes to saving for your retirement?
• You can easily start your self-directed account now.
• When doing deals in a self-directed account, how do you pay your team after a wholesale transaction has been made?
• What advice would Edwin give to his younger self?

Mentioned in This Episode:

Connect with Edwin & his team: Specializediraservices.com

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Tweetables:

"The two high-level benefits of a self-directed account are tax protection and asset protection."

"It is not uncommon for somebody to build their retirement in 7-10 years and be out."

"The idea is to get started if you don't already have a self-directed account."

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