Get the Best Rates while you can: Stay Informed with JTW Financial Services

Don't Wait! Secure High Rates Before They Drop in 2026

Merry Christmas, retirees and savers! As we approach the end of 2025, it's the perfect time to review your financial strategy for the coming year. With experts predicting that rates drop in the future, now is the time to lock-in today's high rates and safeguard your retirement income. This blog post will explore your options, offering insights and practical tips to help you make informed decisions.

The Clock is Ticking: Why Now is the Time to Act

The Federal Reserve is expected to gradually reduce interest rates throughout 2026, potentially bringing them down from the current range of 3.50% to 3.75% to closer to 3%. This means the attractive yields we're seeing now on savings products may not last. Rates are at near all-time highs, and some companies are inflating their rates to up business in the space. Don’t miss out on the opportunity to secure higher returns while you still can.

Tailoring Your Savings Strategy: Finding the Right Fit

Every retiree's financial situation is unique. What works for one person may not be ideal for another. That's why it's essential to customize a savings product that aligns with your individual needs and risk tolerance. Let's explore some popular options:

High-Yield Savings Accounts (HYSAs): These offer a great balance of rate competitiveness and immediate liquidity. HYSAs are perfect for emergency funds or near-term cash needs, but remember that their rates are variable and will likely decrease as the Fed lowers rates.

Certificates of Deposit (CDs): If you're willing to sacrifice some liquidity for a higher, guaranteed rate CDs are excellent choices. By locking in a fixed rate, you eliminate reinvestment risk and rate-decline risk during the holding period.

Multi-Year Guaranteed Annuities (MYGA's): very similar to a CD, these are from insurance companies instead of banks or credit unions. They have a guaranteed rate and term, just like a CD, but often the rates are higher and might include extra features unavailable on CD's.

Beyond Traditional Savings: Exploring Upside Potential

While savings accounts and CDs provide stability, don't overlook opportunities for growth. Consider incorporating account value focused Indexed Annuities into your portfolio for long-term growth potential. These products come with more features like liquidity and escape clauses. ZERO is your hero, when the market crashes, an Indexed Annuity will NOT lose value! Some of these products allow for growth of up to 10% APY.

Secure Your Future: Lifetime Income Options

Worried about outliving your savings? Annuities can provide lifetime income options, guaranteeing a stream of payments for the rest of your life. NO other investment can guarantee you a check for the rest of your life. While annuities may not be right for everyone, they can provide peace of mind and financial security in retirement.

Don't Forget the Bonuses!

Keep an eye out for bonuses when opening new accounts. Some annuities offer up to a 30% bonus. While these bonuses can be attractive, be sure to ask a professional about any tradeoffs that come with them. Further, make sure you understand the difference between an ACCOUNT VALUE bonus and one that is only for benefits.

Act Now to Secure Your Financial Future

With interest rates expected to decline in 2026, now is the time to take action. Evaluate your savings options, lock-in today's high rates, and safeguard your retirement income. Don't wait until it's too late! Contact your financial advisor today to discuss the best strategies for your individual circumstances.

In the end, knowledge is power. By keeping an eye on weekly annuity rates, you can take control of your financial future and make informed decisions that will benefit you for years to come.