With our national debt soaring to unsustainable levels and shutdowns looming around every corner, many people are scared that the U.S. government will destroy their retirement savings with bad financial policies and political in-fighting.

And with inflation on the rise, who knows what things will cost in the future?

At our current pace, prices will double every ten years, effectively cutting the value of your investment portfolio in half.

With so much uncertainty, many are turning to precious metals to protect their retirement savings.

Why?

Unlike stocks, bonds, and mutual funds that take a beating during times of rising inflation, gold prices tend to outpace it – making it an excellent hedge to protect the value of your portfolio.

But people still have a lot of questions when it comes to buying this metal, particularly with an individual retirement account.

One of the most common is, how much do you need to open a gold IRA? What is the minimum deposit requirement?

And that’s exactly what we’ll answer today.

Specifically, we’ll look at the highest, the lowest, and the average among the top gold IRA companies.

We’ll also address how gold IRA fees can affect your annual returns depending on your account size and look at some essential questions to ask yourself when entering this territory.

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Gold & Silver Central is for informational and educational purposes only and does not offer any personal financial advice. Please note that past performance does not guarantee future results, and always consult with a financial advisor before making any decisions. We are also viewer-supported and may be compensated from the links above (at no additional cost to you). Click here to learn more.