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Long-Term Savings

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RateCity
- 1 min read
Long-Term Savings

One of the most common ways for people to reach their long-term savings goals is by depositing their money into a term deposit. Term deposits are available for both short-terminvestors looking to invest their money for up to 12-months, as well as long-term investors who can tie up their money for a period of one to five or more years. In order to reach your long-term financial goals, it is important to have a savings plan to see what you can earn and how much you will have saved once your term deposit reaches maturity.

To reach your long-term savings goal, see what rate you can earn with a 2 year term deposit less than 6 percent paid annually in the table below.

Disclaimer

This article is over two years old, last updated on May 3, 2010. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent term deposits articles.

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