How to Earn More Interest on Your Savings

Shopping around can score some of the highest rates on cash seen in years

Getty Images/AARP

John Waggoner,

AARP

En español

March 02, 2023

Interest rates on savings — whether for cash stashed in money market mutual funds, bank money market accounts or certificates of deposit (CDs) — are hitting levels last seen in the early 2000s. “I’m just thrilled with all this,” says Peter Crane, publisher of Money Fund Intelligence. It’s especially welcome news for retirees in need of low-risk income to help make ends meet and others seeking a safe place to set aside funds for an emergency.

But not every financial institution is offering high interest rates, even to longtime customers. And even if you invest in money market mutual funds, whose yields float with the short-term market, you have to shop around for the best deal.

Thank — or blame — the Fed. In an effort to squash inflation, the Federal Reserve has hiked its target for short-term interest rates eight times since 2021. Its key fed funds rate is now 4.5 percent to 4.75 percent and expected to go higher after the Fed’s Open Market Committee meeting later in March. Typically, savings rates follow the fed funds rate, and you’ll find plenty of CD offers for 4 percent or more.

Some major banks, however, aren’t sharing the love, at least not with all their products. One big bank, for example, offers a six-month CD yielding a paltry 0.03 percent. Another big bank offers 0.05 percent for a six-month CD for customers willing to plunk down $100,000. (The “standard rate” for smaller deposits is 0.01 percent.)

One reason: Banks set their own rates according to how much they need money from deposits, which they lend out at a higher rate. Many of the larger banks are flush with cash and in no hurry to lure more at higher interest rates. “It’s a binary world where big banks are offering diddly-squat on a lot of their deposits,” says Ken Tumin, founder of DepositAccounts.com. On the other extreme are online banks, whose rates more closely track the fed funds rate. “Right now we have four major online banks offering more than 5 percent on CDs,” he says.

Shop for higher interest rates carefully

If you have an account with a big bank, then, you may have to go shopping elsewhere for better yields. You can find current interest rates at websites such as depositaccounts.com and bankrate.com. This may mean having to open an account at a new bank, transferring money from your bank to another new bank, or keeping tabs on when each CD matures.

Flowers & Gifts

Flowers by FTD

25% off sitewide and 30% off select items

View Details

See All

See more Flowers & Gifts offers >

{"hideCategory":false,"useAlternateLanguage":false,"headlineIconAltText":"","listItems":[{"categoryTitle":"Flowers \u0026 Gifts","categoryUrl":"/membership/benefits/shopping/flower-gifts/","categoryDeeplinkParam":"shoppingandgroceries-flowersandgifts","isLimitedTimeOffer":false,"offerJson":{"dbr_offer_id":"66720d4f8e4accb656bd3fefc8b6260a","source_name":"Flowers by FTD","offer_title":"25% Off Flowers","offer_description":"\u003cp\u003eAARP members automatically save 25% sitewide on flowers and 30% on select items with promo code AARP30. No minimum purchase amount is required. Same-day delivery is available by local florists.\u003c/p\u003e","offer_short_description":"25% off sitewide and 30% off select items","category_list":"shoppingandgroceries","subcategory_list":"shoppingandgroceries-flowersandgifts","tags":[{"tagID":"dbr:shoppingandgroceries","title":"Shopping \u0026 Groceries","name":"shoppingandgroceries","deeplink_url":"/membership/benefits/shopping/","deeplink_param_value":"shoppingandgroceries","get_offers_url":"/etc/aarp/dbr/ws.api/offers/shoppingandgroceries.json","sub_tags":[{"tagID":"dbr:shoppingandgroceries/flowersandgifts","title":"Flowers \u0026 Gifts","name":"flowersandgifts","deeplink_url":"/membership/benefits/shopping/flower-gifts/","deeplink_param_value":"shoppingandgroceries-flowersandgifts","get_offers_url":"/etc/aarp/dbr/ws.api/offers/shoppingandgroceries-flowersandgifts.json"}]}],"vertical_image_url":"/content/dam/aarp/benefits_discounts/providers/ftd/258x334-ftd-flowers-feb-2023.jpg","image_url":"/content/dam/aarp/benefits_discounts/providers/ftd/1140x641-ftd-flowers-feb-2023.jpg","advertisement_flag":"","advertisement_sort_order":"","merchant_phone":"1-833-814-AARP (2277) ","merchant_phone_label":"or, call FTD at","howto_redeem":"Learn More","howto_redeem_url":"https://www.ftd.com/aarp","howto_redeem_expired":"Renew to Learn More","howto_redeem_expired_link":"https://appsec.aarp.org/mem/renew","howto_redeem_non_member":"Join to Learn More","howto_redeem_non_member_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","howto_redeem_anonymous":"Join to Learn More","howto_redeem_anonymous_link":"https://appsec.aarp.org/mem/join?campaignid\u003dUASMBP1\u0026intcmp\u003dEWHERE-MBCHAE-LP-MMA-JOIN","howto_redeem_desc":"The 25% discount is applied automatically. Enter promo code AARP30 to save 30% on select items.","member_exclusive_flag":"no","offer_type":"EverGreen","hideLeavingAARP":"","interstitial_desc":"You\u0027ll leave AARP.org and go to the website of a trusted provider. The provider\u0027s terms, conditions, and policies apply.","dbr_offer_type":"discount","restrictions":"\u003cp\u003eAARP commercial member benefits are provided by third parties, not by AARP or its affiliates. Providers pay a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Some provider offers are subject to change and may have restrictions.\u003c/p\u003e\u003cp\u003eThe 25% discount is applied to the standard retail prices set forth on the FTD.COM website.  The 30% discount applies to any item in the AARP Choice Collection. Enter promo code AARP30 to receive 30% discount on AARP Choice Collection items at checkout.  Discounts are applied to the standard retail prices set forth on the FTD.COM website (standard retail prices shall not include sales prices) and are not available on: (a) product customizations including vases or product add-ons; or (b) service, shipping, delivery, care and handling fees (collectively, “Service Fees”), or any other fees and applicable taxes. The discount is available online and through the special toll-free number. Discounts cannot be combined. Quantities may be limited. Delivery for Floral and Gifting Items: For each item delivered by a local florist or shipped direct, a standard Service Fee will apply (the standard Service Fee is waived for FTD Plus Insider members). Service Fees may be higher based on day of delivery or product type, or during high volume holiday periods. If an item is not available, a comparable substitute may be provided. Due to the perishable nature of our products, please make any customer service inquiries within 7 days of delivery. For items delivered by a local florist, same day delivery is available in many locations if order is placed before 2 p.m. in recipient\u0027s time zone. For more information on our delivery policies for these items, see \u003ca    data-overlay-msg\u003d\"AARP.Everywhere.LeavingModal.drawOverlay(this,\u0027\u0027,/mnt/overlay/wcm/core/content/sites/properties.html,\u0027\u0027,\u0027You are now leaving AARP.org and going to a website that is not operated by AARP. A different privacy policy and terms of service will apply.\u0027);return false;\"    data-default-element-msg\u003d\"AARP.Everywhere.LeavingModal.drawOverlay(this,\u0027\u0027,/mnt/overlay/wcm/core/content/sites/properties.html,\u0027\u0027,\u0027You are now leaving AARP.org and going to a website that is not operated by AARP. A different privacy policy and terms of service will apply.\u0027);return false;\"    data-displayoverlay\u003d\"displayOverlay\" title\u003d\"FTD Delivery Policy\"    rel\u003d\"noreferrer\" href\u003d\"https://www.proflowers.com/delivery-policy\" target\u003d\"_blank\"\u003ewww.ftd.com/delivery-policy\u003c/a\u003e.\u003c/p\u003e","lto_daysleft_start_control":30,"is_redeemable_in_person":"false","is_redeemable_only_in_person":false,"state_blacklist":[],"offer_timing":"anytime","line_of_business":"ASI discounts","asi_category":"ASI Shopping","analytics_brand":"FTD | Flowers by FTD","analytics_offerid":"ftd","howto_redeem_already_registered_anon":"Member Log In","howto_redeem_already_registered_anon_link":"https://login.aarp.org/online-community/loginform.action","howto_redeem_already_registered_nonmember":"Link your membership","howto_redeem_already_registered_nonmember_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","offer_keywords":["flower deals","plant savings","gift discounts","aarp discounts","aarp benefits"],"offer_keywords_spanish":["ofertas de flores","ahorros en plantas","descuentos en regalo","Beneficios de AARP","Descuentos de AARP"],"provider_logo":"/content/dam/aarp/benefits_discounts/providers/ftd/450x450-ftd-logo.png","provider_logo_alt_text":"FTD logo","provider_logo_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/providers/ftd/450x450-ftd-logo.imgcache.revb04aa4ecbd48e67fef09463fb70c44b5.png","provider_logo_width":"450","provider_logo_height":"450","enable_utm_parameters":"","append_aid_paramter":"","lto_model_heading":"Limited Time Member Offers","lto_advertisement":"Member Exclusive Advertisement","ty_socialMissionFlag":"true","deeplink_param_value":"ftd","pixel_learn_more_value":"","howto_redeem_2":"Learn More","howto_redeem_already_registered_nonmember_label":"Already a member?","howto_redeem_already_registered_anon_label":"Already a member?","image_alt_text":"","image_title":"Spring themed flower bouquet in vase","image_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/providers/ftd/1140x641-ftd-flowers-feb-2023.imgcache.rev0275ec088ae45bfbe5fd0dd3e93a88b7.jpg","tab_label_offer_details":"Details","tab_label_restrictions":"Disclosures","geoloc_tab_label":"Locations","disclaimer_label":"","geoloc_provider_legal_info":"","geoloc_miles_label_text":"Miles","geoloc_show_results_within_label_text":"Show results within","geoloc_see_more_button_text":"See More","geoloc_find_location_label":"Find a Location","geoloc_total_results_label":"Result(s)","geoloc_no_results_view_message":"There are no locations within a 100 mile radius. Please try another location","geoloc_tab_hint_text":"Enter an address, city, or ZIP","geoloc_mobile_list_cta":"LIST VIEW","geoloc_mobile_list_cta_url":"","geoloc_mobile_map_cta":"MAP VIEW","geoloc_mobile_map_cta_url":"","geoloc_provider_link_cta_url":"","geoloc_experience_type":"","ty_ctaText":"Continue","geoloc_hide_tab":"true","ty_interstitialText":"Thanks for visiting aarp.org! Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","howto_redeem_label":"How to Access","ty_interstitialDesc":"Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","ty_cancelText":"Cancel","ty_interstitialTitle":"Thanks for visiting aarp.org!","lto_daysleft":"Days Left","provider_logo_title":"FTD logo","geoloc_hide_see_more_button":"false","geoloc_provider_link_cta":"","offer_page_path":"/benefits-discounts/all/ftd/","redemption_content":"","show_phone_number_above_cta":"","restrictions_label":"Disclosures","show_state_availability":"","state_availability_text":"SEE AVAILABILITY IN YOUR STATE","hideRestrictionsTab":"","ltos":[]},"parentOfferJson":{}}]}

If you’re looking for high yields, online banks are usually the place to go — and sometimes their parent companies are big, brick-and-mortar banks. For example, American Express National Bank’s parent is — you guessed it — American Express. Deposits at online banks are generally insured by the Federal Deposit Insurance Corporation (FDIC), and they offer many of the same services as traditional banks, ranging from checking accounts and debit cards to money market accounts and CDs. The only thing they don’t offer is a drive-up window — or doors, for that matter. All your transactions have to be done online.

Because interest rates are expected to keep rising, you might not want to lock in current rates with a CD, particularly in a long-term one, Tumin says. Instead, consider putting your money in a high-yielding bank money market account or a money market mutual fund operated by a brokerage or mutual fund company, where you can find yields of 4 percent or more. A bank money market account’s rates are set by the bank, which may be more or less than current short-term rates, depending on the bank’s need for funds.

A money market fund, however, invests in short-term investments, such as Treasury bills, and gives you the current market rates less a management fee, which averages about 0.3 percent, according to Crane. The current average money market fund yield is 4.39 percent. Crane data expects the average yield to rise as high as 5 percent after the next Fed rate hike. Money market funds are not federally insured like most bank deposits, but they have a good track record of safety.

Rolling over CDs

If you opt for CDs, a typical investing strategy is to create a ladder — basically, staggering the maturity of your CDs so that one matures, say, every three months or so. You could simply invest in a six-month CD every three months for a year. If rates keep rising, you’ll reinvest at continually rising rates. If rates fall, you can roll over your maturing short-term CDs into longer-term ones. Keep in mind that there’s typically a penalty for withdrawing money early from a CD.

You typically get 10 days to decide whether to roll over a maturing CD into another. Banks will often roll over the CD automatically if they don’t hear from you. This can prove costly: The rollover CD may not offer as good a yield as CDs offered to new customers. It’s a bit like the strategy wireless carriers use: giving new customers a better deal than existing ones, Tumin says.

Monitoring CD rollovers and moving money between banks can be a chore, which is a strong argument for money market funds, Crane says. “The funds are charging 0.3 percent and doing all that for you — and giving you check writing and a debit card,” he says.

Higher rates are welcome news for savers. “Back in the 1990s and early 2000s, 5 percent was the norm, and that seemed like the psychologically magic number,” Crane says. “You could live off 5 percent.” And while inflation will erode the value of any interest-bearing account, it does so for any investment. True, 6.4 percent inflation will do big damage to a CD yielding 5 percent. It does even worse to a stock mutual fund that’s losing 15 percent. “It hits the other 85 percent you have left,” Crane says.

%{postComment}%

John Waggoner covers all things financial for AARP, from budgeting and taxes to retirement planning and Social Security. Previously he was a reporter for Kiplinger's Personal Finance and  USA Today.

MORE FROM AARP

seated woman next to laptop computer is working on filing federal taxes and looks tense as she reads a paper record

The Tax Credit Hardly Anyone Knows About

Find out if you are eligible to reduce your tax bill

Flatbed tow truck unloading a car to an auto garage shop

Donate Your Car to Charity, Get a Deduction

Let your old clunker give you a hand at tax time

Close up of woman using calculator while going through bills and finances

Tax Breaks to Grab When You Reach 50

Don't miss saving money on your tax bill

AARP VALUE &

MEMBER BENEFITS

See All

MEMBERS ONLY

Finances

AARP® Essential Rewards Mastercard® from Barclays

3% cash back on gas station and eligible drug store purchases

learn more

See more Finances offers >

{"hideCategory":false,"useAlternateLanguage":false,"headlineIconAltText":"","listItems":[{"categoryTitle":"Finances","categoryUrl":"/membership/benefits/finance/","categoryDeeplinkParam":"finances","isLimitedTimeOffer":false,"offerJson":{"dbr_offer_id":"a9bf8a67d4e7a5a3f76755cf20036090","source_name":"AARP® Essential Rewards Mastercard® from Barclays","offer_title":"$100 Cash Back Bonus, Plus No Annual Fee","offer_description":"\u003cp\u003eUpon approval, cardmembers can earn a $100 cash back bonus if they spend $500 on purchases in the first 90 days. Cardmembers also earn 3% cash back on gas station and drug store purchases (excluding Target® and Walmart®), 2% cash back on eligible medical expenses and 1% cash back on all other purchases. \u003c/p\u003e","offer_short_description":"3% cash back on gas station and eligible drug store purchases","category_list":"finances","subcategory_list":"finances-banking-investments","tags":[{"tagID":"dbr:finances","title":"Finances","name":"finances","deeplink_url":"/membership/benefits/finance/","deeplink_param_value":"finances","get_offers_url":"/etc/aarp/dbr/ws.api/offers/finances.json","sub_tags":[{"tagID":"dbr:finances/banking-investments","title":"Banking \u0026 Investments","name":"banking-investments","deeplink_url":"/membership/benefits/finance/banking-investments/","deeplink_param_value":"finances-banking-investments","get_offers_url":"/etc/aarp/dbr/ws.api/offers/finances-banking-investments.json"}]}],"vertical_image_url":"/content/dam/aarp/benefits_discounts/providers/barclays/258x334-barclays-essential-card-on-laptop-feb-2022.jpg","image_url":"/content/dam/aarp/benefits_discounts/providers/barclays/1140x641-barclays-essential-card-on-laptop-feb-2022.jpg","advertisement_flag":"","advertisement_sort_order":"","merchant_phone":"1-866-419-0836","merchant_phone_label":"or, call Barclays at","howto_redeem":"Learn More","howto_redeem_url":"https://cards.barclaycardus.com/banking/credit-card/aarp/mastercard-world/banner/52e2cd5e-711e-4a61-add6-14e6af6e1b37/?referrerid\u003dPRTUPMBM100ARE","howto_redeem_expired":"Renew to Learn More","howto_redeem_expired_link":"https://appsec.aarp.org/mem/renew","howto_redeem_non_member":"Join to Learn More","howto_redeem_non_member_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","howto_redeem_anonymous":"Join to Learn More","howto_redeem_anonymous_link":"https://appsec.aarp.org/mem/join?campaignid\u003dUASMBP1\u0026intcmp\u003dEWHERE-MBCHAE-LP-MMA-JOIN","howto_redeem_desc":"Enter or mention your AARP membership number at the Barclays website or by phone when completing an application.","member_exclusive_flag":"no","offer_type":"EverGreen","hideLeavingAARP":"","interstitial_desc":"You\u0027ll leave AARP.org and go to the website of a trusted provider. The provider\u0027s terms, conditions, and policies apply.","dbr_offer_type":"discount","restrictions":"\u003cp\u003eAARP member benefits are provided by third parties, not by AARP or its affiliates. Barclays Bank Delaware (Barclays) pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Some Barclays offers are subject to change and may have restrictions. Please contact Barclays directly for details.\u003c/p\u003e","lto_daysleft_start_control":30,"is_redeemable_in_person":"false","is_redeemable_only_in_person":false,"state_blacklist":[],"offer_timing":"anytime","line_of_business":"ASI financial","asi_category":"ASI Financial Services \u0026 Insurance","analytics_brand":"Barclays | AARP® Essential Rewards Mastercard® from Barclays","analytics_offerid":"aarp-essential-rewards-mastercard-from-barclays","howto_redeem_already_registered_anon":"Member Log In","howto_redeem_already_registered_anon_link":"https://login.aarp.org/online-community/loginform.action","howto_redeem_already_registered_nonmember":"Link your membership","howto_redeem_already_registered_nonmember_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","offer_keywords":["rewards mastercard offer","barclays credit card offer","aarp benefits","aarp discounts"],"offer_keywords_spanish":["rewards mastercard offer","barclays credit card offer","aarp benefits","aarp discounts"],"provider_logo":"/content/dam/aarp/benefits_discounts/providers/barclays/aarp-creditcards-barclays-logo.svg","provider_logo_alt_text":"AARP Credit Cards from Barclays","provider_logo_cdn_uri":"","provider_logo_width":"","provider_logo_height":"","enable_utm_parameters":"","append_aid_paramter":"","lto_model_heading":"Limited Time Member Offers","lto_advertisement":"Member Exclusive Advertisement","ty_socialMissionFlag":"true","deeplink_param_value":"aarp-essential-rewards-mastercard-from-barclays","pixel_learn_more_value":"","howto_redeem_2":"Learn More","howto_redeem_already_registered_nonmember_label":"Already a member?","howto_redeem_already_registered_anon_label":"Already a member?","image_alt_text":"","image_title":"Credit card on laptop","image_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/providers/barclays/1140x641-barclays-essential-card-on-laptop-feb-2022.imgcache.rev8d600cb3594e62f213be3b2feb470312.jpg","tab_label_offer_details":"Details","tab_label_restrictions":"Disclosures","geoloc_tab_label":"Locations","disclaimer_label":"","geoloc_provider_legal_info":"","geoloc_miles_label_text":"Miles","geoloc_show_results_within_label_text":"Show results within","geoloc_see_more_button_text":"See More","geoloc_find_location_label":"Find a Location","geoloc_total_results_label":"Result(s)","geoloc_no_results_view_message":"There are no locations within a 100 mile radius. Please try another location","geoloc_tab_hint_text":"Enter an address, city, or ZIP","geoloc_mobile_list_cta":"LIST VIEW","geoloc_mobile_list_cta_url":"","geoloc_mobile_map_cta":"MAP VIEW","geoloc_mobile_map_cta_url":"","geoloc_provider_link_cta_url":"","geoloc_experience_type":"","ty_ctaText":"Continue","geoloc_hide_tab":"true","ty_interstitialText":"Thanks for visiting aarp.org! Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","howto_redeem_label":"How to Access","ty_interstitialDesc":"Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","ty_cancelText":"Cancel","ty_interstitialTitle":"Thanks for visiting aarp.org!","lto_daysleft":"Days Left","provider_logo_title":"AARP Credit Cards from Barclays","geoloc_hide_see_more_button":"false","geoloc_provider_link_cta":"","offer_page_path":"/benefits-discounts/all/aarp-essential-rewards-mastercard-from-barclays/","redemption_content":"","show_phone_number_above_cta":"","restrictions_label":"Disclosures","show_state_availability":"","state_availability_text":"SEE AVAILABILITY IN YOUR STATE","hideRestrictionsTab":"","ltos":[]},"parentOfferJson":{}}]}
MEMBERS ONLY

Health & Wellness

Target Optical

Savings on eye exams and eyewear at national retailers

learn more

See more Health & Wellness offers >

{"hideCategory":false,"useAlternateLanguage":false,"headlineIconAltText":"","listItems":[{"categoryTitle":"Health \u0026 Wellness","categoryUrl":"/membership/benefits/health/","categoryDeeplinkParam":"healthandwellness","isLimitedTimeOffer":false,"offerJson":{"dbr_offer_id":"d5f92c4ae3581047773fa77dcda10b8c","source_name":"Target Optical","offer_title":"Extra $10 Off a Complete Pair of Eyeglasses","offer_description":"\u003cp\u003eMembers get exclusive savings, including a $55 eye exam and an extra $10 off the purchase of a complete pair of eyeglasses or sunglasses at Target Optical, a participating retailer in AARP® Vision Discounts provided by EyeMed.\u003c/p\u003e","offer_short_description":"Savings on eye exams and eyewear at national retailers","category_list":"healthandwellness","subcategory_list":"healthandwellness-vision","tags":[{"tagID":"dbr:healthandwellness","title":"Health \u0026 Wellness","name":"healthandwellness","deeplink_url":"/membership/benefits/health/","deeplink_param_value":"healthandwellness","get_offers_url":"/etc/aarp/dbr/ws.api/offers/healthandwellness.json","sub_tags":[{"tagID":"dbr:healthandwellness/vision","title":"Vision Benefits","name":"vision","deeplink_url":"/membership/benefits/vision/","deeplink_param_value":"healthandwellness-vision","get_offers_url":"/etc/aarp/dbr/ws.api/offers/healthandwellness-vision.json"}]}],"vertical_image_url":"/content/dam/aarp/benefits_discounts/providers/eyemed/258x334-eyemed-target-optical-man-backpack-jacket-outdoors-glasses-nov-2020.jpg","image_url":"/content/dam/aarp/benefits_discounts/providers/eyemed/1140x640-eyemed-target-optical-man-backpack-jacket-outdoors-glasses-nov-2020.jpg","advertisement_flag":"","advertisement_sort_order":"","merchant_phone":"","merchant_phone_label":"","howto_redeem":"Learn More","howto_redeem_url":"https://www.targetoptical.com/to-us/aarp","howto_redeem_expired":"Renew to Learn More","howto_redeem_expired_link":"https://appsec.aarp.org/mem/renew","howto_redeem_non_member":"Join to Learn More","howto_redeem_non_member_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","howto_redeem_anonymous":"Join to Learn More","howto_redeem_anonymous_link":"https://appsec.aarp.org/mem/join?campaignid\u003dUASMBP1\u0026intcmp\u003dEWHERE-MBCHAE-LP-MMA-JOIN","howto_redeem_desc":"First call a participating Target Optical location for operating hours and to schedule a safe visit. Present your AARP membership card at checkout.","member_exclusive_flag":"no","offer_type":"EverGreen","hideLeavingAARP":"","interstitial_desc":"You\u0027ll leave AARP.org and go to the website of a trusted provider. The provider\u0027s terms, conditions, and policies apply.","dbr_offer_type":"discount","restrictions":"\u003cp\u003eAARP commercial member benefits are provided by third parties, not by AARP or its affiliates. Providers pay a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Some provider offers are subject to change and may have restrictions.\u003c/p\u003e","lto_daysleft_start_control":30,"is_redeemable_in_person":"true","is_redeemable_only_in_person":false,"state_blacklist":[],"offer_timing":"anytime","line_of_business":"ASI healthcare","asi_category":"ASI Healthcare \u0026 Insurance","analytics_brand":"EyeMed Vision Discounts | Target Optical","analytics_offerid":"target-optical-10055","howto_redeem_already_registered_anon":"Member Log In","howto_redeem_already_registered_anon_link":"https://login.aarp.org/online-community/loginform.action","howto_redeem_already_registered_nonmember":"Link your membership","howto_redeem_already_registered_nonmember_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","offer_keywords":["Benefits","target","EyeMed","optical","frames","lenses","target optical savings","target optical ","target optical discounts","target optical deals","target optical benefit","health and wellness","wellness","health","vision","glasses","sight","prescription contacts","contacts","prescription glasses","eye med","eyemed","target discounts","target","Health \u0026 Wellness","health discounts","health discount","eyewear discounts","eyewear discount","target discount","target","target coupon","glasses coupon","contacts","contact coupon","loss of sight","eye sight","eyesight","glasses discount","glasses savings","glasses discounts","savings on glasses","savings on eye exams","eye exams","eye exam savings","eye exam discounts","eye exam discount","target optical","optical","contact lenses","lenses","glasses frames","frames","savings on frames","transition lenses","vision plan discount","vision plan","vision insurance","eye insurance","aarp vision insurance","vision plans"],"offer_keywords_spanish":["target","optical","armaduras","lentes","eyemed","beneficios","target optical","ahorros en target optical","descuentos de target optical","ofertas de target optical","beneficio de target optical","salud","bienestar","salud y bienestar","visión","anteojos","vista","lentes de contacto","lentes de contacto recetados","anteojos recetados","eye med","eyemed","target","descuentos de target","Health \u0026 Wellness","descuento para la salud","descuentos para la salud","descuento de gafas","descuentos de gafas","target","descuento de target","cupón de target","cupón para anteojos","lentes de contacto","cupón para lentes de contacto","pérdida de la vista","visión","vista","descuento de anteojos","ahorros en anteojos","ahorros en pruebas oftalmológicas","pruebas oftalmológicas","ahorros en pruebas de la vista","descuentos de pruebas oftalmológicas","descuento de prueba oftalmológica","óptico","target optical","lentes de contacto","lentes","monturas","monturas de anteojos","ahorros en monturas","lentes transition","plan oftalmológico","descuento de plan oftalmológico","seguro oftalmológico","seguro de ojos","seguro oftalmológico de aarp","planes oftalmológicos"],"provider_logo":"/content/dam/aarp/benefits_discounts/providers/target-optical/target-optical-2x.png","provider_logo_alt_text":"red target optical logo ","provider_logo_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/providers/target-optical/target-optical-2x.imgcache.rev73a3e024dacd7b72100f65765be5bc34.png","provider_logo_width":"640","provider_logo_height":"134","enable_utm_parameters":"","append_aid_paramter":"","lto_model_heading":"Limited Time Member Offers","lto_advertisement":"Member Exclusive Advertisement","ty_socialMissionFlag":"true","deeplink_param_value":"target-optical-10055","pixel_learn_more_value":"","howto_redeem_2":"Learn More","howto_redeem_already_registered_nonmember_label":"Already a member?","howto_redeem_already_registered_anon_label":"Already a member?","image_alt_text":"","image_title":"mature man outdoors sunglasses","image_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/providers/eyemed/1140x640-eyemed-target-optical-man-backpack-jacket-outdoors-glasses-nov-2020.imgcache.revfd8a96bd17afa282d6d22786e0a23804.jpg","tab_label_offer_details":"Details","tab_label_restrictions":"Disclosures","geoloc_tab_label":"Locations","disclaimer_label":"","geoloc_provider_legal_info":"You will leave AARP.org and go to the website of a trusted provider. The provider’s terms, conditions, and policies apply.","geoloc_miles_label_text":"Miles","geoloc_show_results_within_label_text":"Show results within","geoloc_see_more_button_text":"See More","geoloc_find_location_label":"Find a Location","geoloc_total_results_label":"Result(s)","geoloc_no_results_view_message":"There are no locations within a 100 mile radius. Please try another location","geoloc_tab_hint_text":"Enter an address, city, or ZIP","geoloc_mobile_list_cta":"LIST VIEW","geoloc_mobile_list_cta_url":"","geoloc_mobile_map_cta":"MAP VIEW","geoloc_mobile_map_cta_url":"","geoloc_provider_link_cta_url":"","geoloc_experience_type":"full_location","ty_ctaText":"Continue","geoloc_hide_tab":"false","ty_interstitialText":"Thanks for visiting aarp.org! Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","howto_redeem_label":"How to Access","ty_interstitialDesc":"Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","ty_cancelText":"Cancel","ty_interstitialTitle":"Thanks for visiting aarp.org!","lto_daysleft":"Days Left","provider_logo_title":"red target optical logo ","geoloc_hide_see_more_button":"false","geoloc_provider_link_cta":"Learn more about this benefit by visiting the provider website","offer_page_path":"/benefits-discounts/all/target-optical-10055/","redemption_content":"","show_phone_number_above_cta":"","restrictions_label":"Disclosures","show_state_availability":"","state_availability_text":"SEE AVAILABILITY IN YOUR STATE","hideRestrictionsTab":"","ltos":[]},"parentOfferJson":{}}]}
Finances

Retirement Calculator

Find out how much you will need to retire when and how you want

learn more

See more Finances offers >

{"hideCategory":false,"useAlternateLanguage":false,"headlineIconAltText":"","listItems":[{"categoryTitle":"Finances","categoryUrl":"/membership/benefits/finance/","categoryDeeplinkParam":"finances","isLimitedTimeOffer":false,"offerJson":{"dbr_offer_id":"2fc8d8164bbaa3fb38273bbab95bae31","source_name":"Retirement Calculator","offer_title":"Plan for Retirement","offer_description":"\u003cp\u003eThis tool can help you calculate how much you will need in retirement with a personalized snapshot based on the lifestyle you want.\u003c/p\u003e","offer_short_description":"Find out how much you will need to retire when and how you want ","category_list":"finances","subcategory_list":"finances-retirement","tags":[{"tagID":"dbr:finances","title":"Finances","name":"finances","deeplink_url":"/membership/benefits/finance/","deeplink_param_value":"finances","get_offers_url":"/etc/aarp/dbr/ws.api/offers/finances.json","sub_tags":[{"tagID":"dbr:finances/retirement","title":"Retirement","name":"retirement","deeplink_url":"/membership/benefits/finance/retirement/","deeplink_param_value":"finances-retirement","get_offers_url":"/etc/aarp/dbr/ws.api/offers/finances-retirement.json"}]}],"vertical_image_url":"/content/dam/aarp/money/retirement_planning/2015-01/258x334-hand-retirement-calculator.jpg","image_url":"/content/dam/aarp/money/retirement_planning/2015-01/1140-hand-retirement-calculator.jpg","advertisement_flag":"","advertisement_sort_order":"","merchant_phone":"","merchant_phone_label":"","howto_redeem":"Learn More","howto_redeem_url":"https://www.aarp.org/work/retirement-planning/retirement_calculator.html","howto_redeem_expired":"Renew to Learn More","howto_redeem_expired_link":"https://appsec.aarp.org/mem/renew","howto_redeem_non_member":"Join to Learn More","howto_redeem_non_member_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","howto_redeem_anonymous":"Join to Learn More","howto_redeem_anonymous_link":"https://appsec.aarp.org/mem/join?campaignid\u003dUASMBP1\u0026intcmp\u003dEWHERE-MBCHAE-LP-MMA-JOIN","howto_redeem_desc":"The calculator is available online.","member_exclusive_flag":"no","offer_type":"EverGreen","hideLeavingAARP":"false","interstitial_desc":"You\u0027ll leave AARP.org and go to the website of a trusted provider. The provider\u0027s terms, conditions, and policies apply.","dbr_offer_type":"socialmission","restrictions":"","lto_daysleft_start_control":30,"is_redeemable_in_person":"false","is_redeemable_only_in_person":false,"state_blacklist":[],"offer_timing":"anytime","line_of_business":"","asi_category":"","analytics_brand":"Retirement Calculator","analytics_offerid":"retirement-calc","howto_redeem_already_registered_anon":"Member Log In","howto_redeem_already_registered_anon_link":"https://login.aarp.org/online-community/loginform.action","howto_redeem_already_registered_nonmember":"Link your membership","howto_redeem_already_registered_nonmember_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","offer_keywords":["Finance","calculator","retirement","retirement planning","aarp benefits"],"offer_keywords_spanish":["Finanza","finanzas","calculadora","Calculadora para la jubilación","retiro","calculadora para la jubilación","calculadora para el retiro","estoy listo para jubilarme","estoy listo para retirarme","dinero","planificación de la jubilación","planificación del retiro","planifica tu jubilación","planifica tu retiro","retírate","recursos de dinero","presupuesto"," jubilación"],"provider_logo":"/content/dam/aarp/benefits_discounts/social-mission/icons/red-calculator-logo-icon.png","provider_logo_alt_text":"red calculator logo icon","provider_logo_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/social-mission/icons/red-calculator-logo-icon.imgcache.revdd8eeaad536051c3790beda986fb292b.png","provider_logo_width":"48","provider_logo_height":"64","enable_utm_parameters":"","append_aid_paramter":"","lto_model_heading":"Limited Time Member Offers","lto_advertisement":"Member Exclusive Advertisement","ty_socialMissionFlag":"false","deeplink_param_value":"retirement-calc","pixel_learn_more_value":"","howto_redeem_2":"Learn More","howto_redeem_already_registered_nonmember_label":"Already a member?","howto_redeem_already_registered_anon_label":"Already a member?","image_alt_text":"","image_title":"hands using calculator, retirement planning ","image_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/money/retirement_planning/2015-01/1140-hand-retirement-calculator.imgcache.revd8d3706f97260e22101e511a81ce7fc5.jpg","tab_label_offer_details":"Details","tab_label_restrictions":"Disclosures","geoloc_tab_label":"Locations","disclaimer_label":"","geoloc_provider_legal_info":"","geoloc_miles_label_text":"Miles","geoloc_show_results_within_label_text":"Show results within","geoloc_see_more_button_text":"See More","geoloc_find_location_label":"Find a Location","geoloc_total_results_label":"Result(s)","geoloc_no_results_view_message":"There are no locations within a 100 mile radius. Please try another location","geoloc_tab_hint_text":"Enter an address, city, or ZIP","geoloc_mobile_list_cta":"LIST VIEW","geoloc_mobile_list_cta_url":"","geoloc_mobile_map_cta":"MAP VIEW","geoloc_mobile_map_cta_url":"","geoloc_provider_link_cta_url":"","geoloc_experience_type":"","ty_ctaText":"Continue","geoloc_hide_tab":"true","ty_interstitialText":"Thanks for visiting aarp.org! Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","howto_redeem_label":"How to Access","ty_interstitialDesc":"Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","ty_cancelText":"Cancel","ty_interstitialTitle":"Thanks for visiting aarp.org!","lto_daysleft":"Days Left","provider_logo_title":"red calculator logo icon","geoloc_hide_see_more_button":"false","geoloc_provider_link_cta":"","offer_page_path":"/benefits-discounts/all/retirement-calc/","redemption_content":"","show_phone_number_above_cta":"","restrictions_label":"Disclosures","show_state_availability":"","state_availability_text":"SEE AVAILABILITY IN YOUR STATE","hideRestrictionsTab":"true","ltos":[]},"parentOfferJson":{}}]}
Health & Wellness

AARP Online Fitness powered by LIFT session

Customized workouts designed around your goals and schedule

learn more

See more Health & Wellness offers >

{"hideCategory":false,"useAlternateLanguage":false,"headlineIconAltText":"","listItems":[{"categoryTitle":"Health \u0026 Wellness","categoryUrl":"/membership/benefits/health/","categoryDeeplinkParam":"healthandwellness","isLimitedTimeOffer":false,"offerJson":{"dbr_offer_id":"91ea3065b7710924bdfc5e2ceaf872a8","source_name":"AARP Online Fitness powered by LIFT session","offer_title":"Customized Workouts Designed Around Your Goals","offer_description":"\u003cp\u003eAARP Online Fitness is a unique fitness program designed by LIFT session, industry leaders in quality online fitness, to give you easy access to personalized fitness programming designed around your goals and schedule. Everyone – including members and non-members – can access free live and on-demand webinars. AARP members save 50% off the annual subscription and 20% off personal coaching.\u003c/p\u003e","offer_short_description":"Customized workouts designed around your goals and schedule","category_list":"healthandwellness","subcategory_list":"","tags":[{"tagID":"dbr:healthandwellness","title":"Health \u0026 Wellness","name":"healthandwellness","deeplink_url":"/membership/benefits/health/","deeplink_param_value":"healthandwellness","get_offers_url":"/etc/aarp/dbr/ws.api/offers/healthandwellness.json","sub_tags":[]}],"vertical_image_url":"/content/dam/aarp/benefits_discounts/social-mission/health-wellness/lift-session/258x334-online-fitness-woman-in-yoga-pose-with-laptop.jpg","image_url":"/content/dam/aarp/benefits_discounts/social-mission/health-wellness/lift-session/1140x641-online-fitness-woman-in-yoga-pose-with-laptop.jpg","advertisement_flag":"","advertisement_sort_order":"","merchant_phone":"","merchant_phone_label":"","howto_redeem":"Learn More","howto_redeem_url":"https://onlinefitness.aarp.org/","howto_redeem_expired":"Renew to Learn More","howto_redeem_expired_link":"https://appsec.aarp.org/mem/renew","howto_redeem_non_member":"Join to Learn More","howto_redeem_non_member_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","howto_redeem_anonymous":"Join to Learn More","howto_redeem_anonymous_link":"https://appsec.aarp.org/mem/join?campaignid\u003dUASMBP1\u0026intcmp\u003dEWHERE-MBCHAE-LP-MMA-JOIN","howto_redeem_desc":"Subscribe to AARP Online Fitness powered by LIFT session on the website. Once you subscribe, you can download the mobile app to access the program.","member_exclusive_flag":"no","offer_type":"EverGreen","hideLeavingAARP":"","interstitial_desc":"You\u0027ll leave AARP.org and go to a website that is not operated by AARP. A different privacy policy and terms of service will apply.","dbr_offer_type":"socialmission","restrictions":"\u003cp\u003eThis AARP member benefit is provided by a third party, not by AARP or its affiliates. This offer is subject to change and may have restrictions.\u003c/p\u003e","lto_daysleft_start_control":30,"is_redeemable_in_person":"false","is_redeemable_only_in_person":false,"state_blacklist":[],"offer_timing":"anytime","line_of_business":"","asi_category":"","analytics_brand":"AARP Online Fitness powered by LIFT session","analytics_offerid":"aarp-online-fitness-powered-by-lift-session","howto_redeem_already_registered_anon":"Member Log In","howto_redeem_already_registered_anon_link":"https://secure.aarp.org/applications/user/login?custom\u003dMBC\u0026referrer\u003dhttps%3A%2F%2Fonlinefitness.liftsession.com%2F%3Futm_source%3DAARP%26utm_medium%3DMBModal%26utm_campaign%3DonlinefitnessLP%26cmp%3DHEALTH-HL-ONLINEFITNESS","howto_redeem_already_registered_nonmember":"Link your membership","howto_redeem_already_registered_nonmember_link":"https://secure.aarp.org/applications/membershipChallenge/showChallengeForm.action?appName\u003daccount","offer_keywords":["online fitness program\t\t \t \t\t \t\t ","health information\t","virtual workouts","aarp benefits","aarp discounts"," personal training"],"offer_keywords_spanish":[],"provider_logo":"/content/dam/aarp/benefits_discounts/social-mission/health-wellness/lift-session/aarp-online-fitness-lift-logo.svg","provider_logo_alt_text":"aarp online fitness powered by lift session logo","provider_logo_cdn_uri":"","provider_logo_width":"","provider_logo_height":"","enable_utm_parameters":"","append_aid_paramter":"","lto_model_heading":"Limited Time Member Offers","lto_advertisement":"Member Exclusive Advertisement","ty_socialMissionFlag":"false","deeplink_param_value":"aarp-online-fitness-powered-by-lift-session","pixel_learn_more_value":"","howto_redeem_2":"Learn More","howto_redeem_already_registered_nonmember_label":"Already a member?","howto_redeem_already_registered_anon_label":"Already registered? ","image_alt_text":"","image_title":"woman sitting on yoga mat with tablet in front of her","image_cdn_uri":"https://cdn.aarp.net/content/dam/aarp/benefits_discounts/social-mission/health-wellness/lift-session/1140x641-online-fitness-woman-in-yoga-pose-with-laptop.imgcache.revb86af133859e4bf83ff7c5b82a948d75.jpg","tab_label_offer_details":"Details","tab_label_restrictions":"Disclosures","geoloc_tab_label":"Locations","disclaimer_label":"","geoloc_provider_legal_info":"","geoloc_miles_label_text":"Miles","geoloc_show_results_within_label_text":"Show results within","geoloc_see_more_button_text":"See More","geoloc_find_location_label":"Find a Location","geoloc_total_results_label":"Result(s)","geoloc_no_results_view_message":"There are no locations within a 100 mile radius. Please try another location","geoloc_tab_hint_text":"Enter an address, city, or ZIP","geoloc_mobile_list_cta":"LIST VIEW","geoloc_mobile_list_cta_url":"","geoloc_mobile_map_cta":"MAP VIEW","geoloc_mobile_map_cta_url":"","geoloc_provider_link_cta_url":"","geoloc_experience_type":"","ty_ctaText":"Continue","geoloc_hide_tab":"true","ty_interstitialText":"Thanks for visiting aarp.org! Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","howto_redeem_label":"How to Access","ty_interstitialDesc":"Come back again to check out all of the AARP Member Benefits and unlock the full power of membership.","ty_cancelText":"Cancel","ty_interstitialTitle":"Thanks for visiting aarp.org!","lto_daysleft":"Days Left","provider_logo_title":"aarp online fitness powered by lift session logo","geoloc_hide_see_more_button":"false","geoloc_provider_link_cta":"","offer_page_path":"/benefits-discounts/all/aarp-online-fitness-powered-by-lift-session/","redemption_content":"","show_phone_number_above_cta":"","restrictions_label":"Disclosures","show_state_availability":"","state_availability_text":"SEE AVAILABILITY IN YOUR STATE","hideRestrictionsTab":"","ltos":[]},"parentOfferJson":{}}]}

How to Earn More Interest on Your Savings

Shopping around can score some of the highest rates on cash seen in years

Shop for higher interest rates carefully​

Rolling over CDs

Shop for higher interest rates carefully