Audit: The Real Cost of Waiting — How Rate Hesitation Hurts Clients

"Let's wait and see if rates go higher." We hear this constantly. But what does waiting actually cost? Scenario: $200K MYGA, client waits 6 months If the current best 5-year rate is 6.65%: 6 months of lost guaranteed interest = $6649 If rates stay flat: pure loss If rates rise 0.25%: they gain $500/year but lost $6649 waiting Break-even: rates would need to rise 0.66% to justify the wait Historical context: Rate timing is nearly impossible. The clients who locked in 5-year MYGAs in early 2024 are very happy right now. Sometimes the best rate is the one you actually lock in.