Lyzr AI

Retirement

Planning Agent

Step 1 of 5

Recommended Retirement Products

Based on your profile and retirement goals, here are products that could help you achieve financial security.

Important Disclosure

The following product recommendations are for informational purposes only. They are not financial advice. Please consult with a qualified financial advisor before making investment decisions.

High-Yield Savings

Savings

Low
Potential Returns
Up to 1.50% APY

A savings account offering a competitive annual percentage yield (APY) with easy access to your funds.

Key Features

  • No minimum balance requirement
  • FDIC insured
  • Mobile banking access

Ideal For

Building emergency funds and short-term savings goals.

Money Market Account

Savings

Low
Potential Returns
Up to 1.75% APY

Higher interest rates than standard savings with limited check-writing privileges.

Key Features

  • Higher rates for larger balances
  • Limited check writing
  • FDIC insured

Ideal For

Those seeking a blend of moderate returns and easy access to funds.

12-Month CD

Investment

Low
Potential Returns
Up to 2.50% APY

Time-deposit account with fixed term and rate.

Key Features

  • Guaranteed returns
  • FDIC insured
  • Higher rates than savings

Ideal For

Savers who can set aside funds for a fixed period.

Roth IRA

Retirement

Varies
Potential Returns
Varies by investments chosen

Tax-advantaged retirement account with after-tax contributions and tax-free qualified withdrawals.

Key Features

  • Tax-free growth
  • Flexible investment options
  • No required minimum distributions

Ideal For

Long-term retirement savings with tax-free withdrawals in retirement.

Index Funds

Investment

Medium
Potential Returns
Historical average of 7-10% annually

Low-cost funds that track market indexes like the S&P 500.

Key Features

  • Low expense ratios
  • Broad diversification
  • Passive management

Ideal For

Building long-term wealth with minimal fees and complexity.

Target Date Fund

Retirement

Varies by target date
Potential Returns
Varies based on asset allocation

Automatically adjusts asset allocation to become more conservative as you approach retirement.

Key Features

  • Automatic rebalancing
  • Diversified portfolio
  • Age-appropriate risk

Ideal For

Set-it-and-forget-it retirement investing.

Health Savings Account

Healthcare

Low to Medium
Potential Returns
Varies by investments chosen

Triple tax-advantaged account for healthcare expenses.

Key Features

  • Tax-deductible contributions
  • Tax-free growth
  • Tax-free withdrawals for medical expenses

Ideal For

Managing healthcare costs now and during retirement.

Fixed Annuity

Income

Low
Potential Returns
2-4% guaranteed

Insurance product that provides guaranteed income in retirement.

Key Features

  • Guaranteed income
  • Principal protection
  • Tax-deferred growth

Ideal For

Retirees seeking predictable income streams.