We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
June 3, 2026 / 2:58 PM EDT
/ CBS News
Add CBS News on Google
Not every savings account is suitable for retirees looking to protect $20,000 now. Here are two that are worth it.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
June 3, 2026 / 2:58 PM EDT
/ CBS News
Add CBS News on Google

FD vs Bonds: How a retiree with ₹30 lakh can generate Rs. 20,000 monthly income

Nearing retirement and invested mostly in FDs? Expert shares diversification roadmap

Retirement nest eggs are in jeopardy. SAFER Act is the answer

401(k) balances drop 4% in 2026 as Americans continue to save for retirement; what to know about recent trends, changes

Have $40,000 saved for an emergency? Here are two places to consider storing it (and two places to avoid).

Even in today's unpredictable economic climate, retirees still have multiple ways to improve their finances.

All three accounts can be viable for your $2,500 over the next year, but here's which one stands out the most.

Have $7,500 that you're looking to protect and grow? Here's how much interest you'd earn with these three accounts.

A $50,000 deposit will grow differently in a short-term CD than it will in a money market account, especially now.

The gap between the returns on a $25,000 CD and a $25,000 high-yield savings account may surprise you.