If you have money in the bank, you probably haven’t seen interest rates over 3% since the end of 2008, (5 year CD rate – source: http://www.bankrate.com/banking/cds/historical-cd-interest-rates-1984-2016).
It’s hard to believe that is 8 YEARS of historically low rates. Let’s do the math…you would earn $3,000 per year on $100,000 at 3% and $2,000 per year on $100,000 at 2%. Take $1,000 per year over 8 years and this is….a lot of money lost!
You can change that. Multi-year graranteed annuity rates are as high as 3.1% for 5 years, (Fidelity & Guaranty Platinum 5)*. Learn more about this product.
It’s time to talk….we have options to suit your financial needs.
Call (779)220-9608 to set a time in our Elmhurst or Lake in the Hills office. Like doing things on line? Great, use our on line schedule by clicking: Lake in the Hills or Elmhurst
Look forward to seeing you.
* Any guarantees mentioned are backed by the financial strength and claims paying ability of the issuing insurance company and may be subject to caps, restrictions, fees and surrender charges as described in the annuity contract. Current Fidelity & Guaranty Platinum 5 rates – subject to change.
Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Merlak Tax Advisory Group are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.