Investors have many options for saving funds to carry them into a successful retirement. The ideal strategy will involve investments with long-term returns, but only certain assets have that capacity.

It takes self-education and thorough research to discern which ones will take what starts as a nest egg and turn it into a lucrative future.

A prime example of a longer-term choice is an individual retirement account or IRA. Unless you want to have tax repercussions and hefty penalties, you cannot touch the assets in these accounts until you reach retirement age.

There are different kinds, including the standard and self-directed as sort of the umbrella “labels” under which there are varied options like traditional and Roth, among others.…