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Put your capital to optimal use by using these tips for retirement planning in Wheeling, WV. When deciding what to invest your money in, consider a money market account -- good for anyone who wants to save money. Money market accounts provide a safe and secure resource for your retirement planning. Information on retirement planning in Wheeling, WV, is easy to find using our tools.
Retirement planning in Wheeling, West VV
As of 10:00 a.m. in Wheeling, WV, the savings rates are as follows.
| Product | Bank Institutions | Intro Rate | Intro Months | Rate After Intro | APY | Min Bal Open | Min Bal Avoid Fees | Monthly Fees |
| $10k | BB&T | 0% | 0 | 0.40% | 0.40% | $10,000 | $10,000 | $15 |
| $50k | Ally | 0% | 0 | 0.90% | 0.90% | $50,000 | $0 | $0 |
Use our retirement plan income calculator to see how far away you are from retiring.
The information here suggests that a money market account is good for savings. These accounts generally are safe and allow you to know what you are getting for interest. If you are close to converting your savings into retirement income, you want to make sure you don't lose any money. Secure investments are good.
However, if you are saving for retirement and have a longer horizon before you are ready to retire, you may want to consider a more aggressive strategy. Yes, you will have more risk but you also have more upside potential to make money.
Retirement is expensive - a lifetime of investing in money market accounts won't give you the investment you need to do it.