DROP and Security

When planning for retirement, achieving financial security often involves a trade-off between risk and return. Generally, safer investments—like government bonds or CD’s —tend to offer lower returns compared to stocks or real estate. This means that while a guaranteed return provides stability and peace of mind, it might not keep pace with inflation or grow your nest egg as aggressively as riskier options. Consequently, retirees need to carefully balance their portfolios to ensure they have enough income to sustain their lifestyle throughout retirement, taking into account factors like longevity, healthcare costs, and potential market fluctuations. A diversified approach can help manage risks while aiming for sustainable growth.

But if you have funds in an Ohio DROP Account, you can have your cake and eat it too: A guaranteed rate of return in excess of the DROP maximum 5% rate. A no risk higher return to enhance your retirement possibilities.

Our current offerings include a 5.35% guaranteed product, ensuring a high interest rate for five full years without fluctuation. A second retirement product offers a 6.5% return for the first year, with a minimum rate of 5% through the duration of the rate-guarantee period.