Page 26 - AreaNewsletters "Apr 2021" issue

Celebrating
RockyMountainSwag Personalized
TO ADVERTISE...
in this publication email: Debbie@AreaNewsletters.com by the 18th of any month!
B US I NE S S & F I NA NCE
...Continued from page 3
4. Create a Budget
Add the total monthly savings goals to your budget. If it’s more than you can afford, consider making a few cuts, adding extra income or choosing a higher- yield savings vehicle.
Locall
A traditional savings account isn’t your only option when it comes to growing your savings. Find out which savings tool will get you the most bang for your buck!
1. Short-Term Savings Goals Low-risk accounts earning compound interest with higher Annual Percentage Yield.
• High-Yield Savings Accounts Pays up to 10 times the interest rate offered by traditional accounts.
expertise
• CDs (Certi cate of Deposit) Must leave funds in for full-term to avoid early withdrawal penalties in most cases.
Allsta
Tamm
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y Lopez
expertise
you can
• Money Market Accounts Interest rates vary with the market.
2. Mid-Term Savings Goals Low-medium risk accounts earning higher Annual Percentage Yield.
• 529CollegeSavingsPlanForeducationalpurposes only, can be invested.
• Mutual Funds Medium risk with potential to yield higher returns. Annual fees required.
3. Retirement Accounts
401(k) or IRAs are higher risk accounts invested over a longer period of time.You can withdraw penalty-free at 55 and 59 1/2, respectively.
you can
trust.
trust.
As your local Allstate Agent, I understand
As your local Allstate Agent, I understand
the unique coverage needed for the homes andthceaursninquoeurccoovmermaguenintye,eadneddwfhoircthhe homes covaenrdagcearysoiunmouarycnomt nmeuendi.tYy,oauncdouwldhiscahy
I’m an expert at getting you the protection
coverage you may not need. You could say
you want with the savings you deserve. Call,
I’m an expert at getting you the protection
email or stop by my office for a free quote
t o dy ao yu . w a n t w i t h t h e s a v i n g s y o u d e s e r v e . C a l l ,
email or stop by my office for a free quote TAMMY LOPEZ today.
Get a Quote
720-733-1331
tammylopez@allstate.com
wwTwA.aMllstMatYe.cLomO/PtaEmZmylopez
720-733-1331
CASTLE PINES
tammylopez@allstate.com
www.allstate.com/tammylopez
One place to help with all your insurance needs.
CASTLE PINES
Article provided by Nadine Kirk, thekirkteam.com, Re/Max Alliance, 303-941-4221, to answer any questions you may have about this article or real estate.
Prices vary based on how you buy. Not applicable in CA. Subject to terms, conditions and availability. Allstate Fire and Casualty Insurance Co. © 2019 Allstate Insurance Co.
One place to help with all your insurance needs.
Prices vary based on how you buy. Not applicable in CA. Subject to terms, conditions and availability. Allstate Fire and Casualty Insurance Co. © 2019 Allstate Insurance Co.
April 2021 • Castle Rock “AreaNewsletters”
26
Choosing the Right
SAVINGS TOOL
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