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An IRA and a 401(k) are each tax-advantaged accounts in your retirement assets. The most popular choice tends to be target-date funds, a mix of stocks and bonds that gradually becomes more conservative as you reach retirement. If you need to buy physical gold bars, coins or bullion to diversify your retirement account, you should open a self-directed gold IRA. When the greenback drops in worth, the value of gold typically will increase, which is one reason traders may consider including gold to a retirement portfolio. Cons