If you’re like most CD owners, it’s disappointing to get such low CD rates. Yes, you are technically exchanging safety for those low rates, but how safe and secure are CDs really if they continually suffer a constant loss in earning power?
CDs simply are not keeping up with the cost of living. The good news is, there are CD alternatives available that have security and safety but enjoy higher rates of return!
Before deciding on a CD (or renewing an existing one), you may want to find out if there is a CD alternative available that will protect your money, accomplish your planning goals without losing out on higher returns and still preserving the benefits of a traditional CD:
- Guaranteed Stream of Income
Your personal Wealth Preservation Consultant, accountant or retirement distribution planning professional can explain what CD alternatives may be and good fit and suitable for your situation.