Reason Number 3…Higher Interest Rates
As a Baby Boomer I read that since January 1, 2011 we will average 10,000 people a day will turn 65 for the next 19 years or over 69 million Baby Boomers. There will be a tremendous amount of wealth transfer from the Greatest Generation to the Baby Boomers along with a conversion of their 401(k)’s into IRA’s upon retirement. All these investment funds can not be invested into the stock market and some will be seeking a fixed rate of return and diversifying their investments. With interest rates so low in CD’s offered by banks and fixed income bonds at historic low rates, many investors will be seeking an alternative investment that will provide a higher yield.
Regular | $10,000.00 to $99,999.99 | $100,000.00 to $249,999.99 | $250,000.00 or more |
IRA | $25,000.00 to $99,999.99 | $100,000.00 to $249,999.99 | $250,000.00 or more |
Term | Interest Rate | Interest Rate | Interest Rate |
2 Year | 3.00% | 3.25% | 3.50% |
3 Year | 4.00% | 4.25% | 4.50% |
5 Year | 6.00% | 6.25% | 6.50% |
Why the different amounts and interest rates?
SaverNotes covers all expenses so there is no cost to the investor. There are annual charges for self-directed IRA’s so to cover the cost of SaverNotes incurring those expenses the minimum needs to start at $25,000. Higher interest is paid for those accounts with higher investments.
If you are interested in finding an alternative investment that provides a higher fixed rate of return, is easy to invest in, has no fees or expenses, has a well thought out plan, has been reviewed by legal, wealth management and accounting advisors, SaverNotes may be an investment to consider.
SaverNotes was created to provide to an alternative investment for those seeking a higher current return on a portion of your investment portfolio. Please consider this investment to help you achieve your financial goals.
Realize your Dreams, Goals and Retirement