Picture this: You're near retirement. In a few years you'll be able to take dream vacations, spend more time with your children and grand kids, and take up some hobbies you've been forgoing. And if you're planning on a larger purchase in the next three to five years, you might consider savings vehicles to help you get there.
One of the best saving options is a certificate of deposit. A CD is an investment option that allows you to store your money in it for specified term. Terms range from 3 months to 10 years. Perks of choosing CDs are they offer good rates of return, they're easy to set up and they offer guaranteed returns on investment.
