Rocket Dollar provides self-directed retirement accounts that allow individuals to invest in alternative assets such as real estate, cryptocurrency, and private equity while maintaining tax benefits. This platform addresses the limitations of traditional retirement accounts by enabling users to diversify their portfolios beyond stocks and bonds.
Funding
$13.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PWFounders
Product
Problem
Traditional retirement accounts typically limit investment options to stocks, bonds, and mutual funds, preventing individuals from diversifying into alternative assets. This restricted access can hinder wealth-building opportunities and limit control over retirement savings.
Solution
Rocket Dollar provides self-directed IRA and Solo 401(k) accounts that empower individuals to invest retirement funds in a wider range of alternative assets, including real estate, cryptocurrency, private equity, and startups. The platform offers a streamlined, online process for opening and funding accounts, giving users checkbook control to make investments directly. Rocket Dollar's support team assists with account setup and rollovers, while the user-friendly dashboard allows for easy tracking of investments. By offering greater flexibility and control, Rocket Dollar enables investors to diversify their retirement portfolios beyond traditional options.
Target Audience
Rocket Dollar primarily targets self-employed individuals, entrepreneurs, and investors seeking greater control and diversification in their retirement savings through alternative assets.
Features
- Online account setup in under 5 minutes
- Checkbook control for direct investment in alternative assets
- Support team assistance with account rollovers and funding
- Dashboard for tracking investments
- Self-Directed IRA (SDIRA) and Solo 401(k) account options
- Ability to invest in real estate, cryptocurrency, precious metals, peer-to-peer loans, small businesses, and private equity