Should I Self-Direct My IRAs? – Alternatives to the 401K and Traditional Investments – Mat Sorensen: Ep #521

Mathew Sorensen, CEO of Directed IRA and a leading authority on self-directed retirement accounts, shares insights on how investors can take control of their financial future. In this episode, we will dive into how the affluent prioritize control, tangible assets, and diverse income streams to build and preserve their wealth outside Wall Street.

Mat explains how self-directing your retirement accounts empowers you to invest in alternative assets and provides greater flexibility and potentially higher returns. Listen in as we also discuss the importance of financial education, networking, and working with trusted professionals to navigate investment opportunities. Those who seek financial autonomy must be proactive, surrounding themselves with the right knowledge and community to succeed.

Minute Markers:

02:45 – Intro to Mat Sorensen the “Wealth Lawyer.”
04:05 – Defining what wealth means and why its not the same for everyone.
07:17 – What drew Mat to want to be entrepreneurial and what made him what he is today.
09:01 – The importance of connections and who you know, and why becoming a lawyer made sense.
11:41 – How Mat discovered self-directed IRAs.
13:02 – How the 10,000 consults led to writing a book and starting his own business.
15:24 – The new trends of alternative assets and their utilization in retirement accounts.
20:03 – Characteristics of a good client to use self-directed services.
22:08 – Taking control and betting on yourself.
28:25 – Why Mat’s company focuses first on taxes.
33:37 – Should I keep investing in a 401k or not?

If you like this episode, here are more episodes we think you’ll enjoy:

Ep #520 – Mark Lane – From $40K to $400K – Gaining More Money and Time with Real Estate
Ep #517 – Austin Hair – Combining Healthcare and Real Estate – How Demographics and Market Analysis Protect Investors
Ep #512 – Andrew McDannels – Protecting Your Wealth – Fiat Currency, Tangible Assets, and Commodities

Featured on the Show:

- Mat Sorensen: Website | LinkedIn | YouTube
- Directed IRA
- KKOS Lawyers
- Full Cycle Investor Report
- Request Your Discovery Call

#matsorensen #directedira #selfdirectedira #401k #alternativeinvestments #realestate #entrepreneur #financialfreedom #wealth

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