If your clients are waiting for interest rates to go up, they may be missing out!
Maybe you are waiting for a higher rate. How high of a rate would you need to earn if you wait to start in 1 or 2 years just to equal the results you could achieve by starting today? What is the cost of waiting?
You will be in the same place five years from now if you start saving today at 3.00% or start two years from now earning 5.05%.
Taking a strategic approach to saving today may be more effective than passively waiting for low rates to increase, especially since higher rates in the future are not a sure thing.
For more info on Fixed/Fixed Index annuity rates call Steve Dunn at 973-435-3784, or e-mail sdunn@madisonbrokerage.com
