What are the benefits of a Discover Online Savings Account? Here are six things to know about a Discover Online Savings Account that will help you take your savings game to the next level: 1. Whether youвЂ™re saving for a new set of wheels like Stous and his wife, a home down payment, an emergency fund or, an online savings account could be your ticket to success. They were pleased to find the funds growing quickly with the accountвЂ™s high interest rate and annual percentage yield (APY). He and his wife opted for a Discover В® Online Savings Account and started making monthly transfers into it to help save for a car.

вЂњThe whole reason I was looking for an online account was because deposit rates at traditional brick-and-mortar banks have continued to stay low despite rising interest rates,вЂќ says Stous, who is the director of financial planning at a financial planning and investment management firm in Lincoln, Nebraska. Online savings accounts initially came on his radar when he saw their interest rates steadily rise. In minutes, youвЂ™ll have an idea of where you stand, see recommendations to help you grow your savings, and be able to book a one-on-one with an advisor.Dan Stous works in financial planning and wealth management. Get started in a few simple, hassle-free steps.Progress alerts let you know whether you need to adjust the amount you are saving in order to reach your retirement goal. Stay on track toward your goal with email alerts.Want to see a recommendation from your advisor or make a change to your plan? Simply log in to your MyAdvisor dashboard. Make changes to your retirement savings plan at any time.Meet with a live advisor through video chat, by phone or in person to review your retirement plan, talk strategy or to simply ask a question. Have savings and investments outside of RBC? MyAdvisor lets you quickly link them for an up-to-date look at your money. Link outside accounts for a complete picture.MyAdvisor showвЂ™s you how youвЂ™re doing with powerful visuals and forecasts of your goals, net worth and cash flow. See what you have with more certainty.ItвЂ™s exclusive to RBC clients, easy to use and available to you at no extra cost. MyAdvisor is a secure, one-of-a-kind online service that combines interactive planning tools and advice from a live advisor to help you be better prepared for retirement. The best way to do this is to review your portfolio regularly with your RBC Financial Planner. This lever should be shifted carefully as your risk profile is core to your investment plan. For example, postpone retirement or re-enter the workforce if you want more time to build your wealth. You can extend or shorten your investing time horizon based on your needs. Even a small increase can have a significant impact long-term. Here are three вЂњleversвЂќ that can be adjusted over the years to meet your changing needs.Д¬oncerned about not having enough money to meet your goals? Consider adjusting how much you contribute on a regular basis. Your investment plan should be dynamic, not static. Stay on track with these five principles of successful investing:.While selling off your portfolio may make you feel better, this decision could mean lost opportunity and not achieving your long-term investment goals. Negative headlines and market volatility can make it tempting to change a well-designed investment plan.Avoiding emotional investing, following proven principles and adjusting your plan for the right reasons can help you reach your goals.

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