Fixed income return question

[FinallyRetired]

Half of my portfolio is in a TIAA "guaranteed" account, also known as TIAA Traditional, that returns 5.65% APR. This return is based on regular contributions over the last 20 years, so the individual contributions have earned greater or less, but if I stopped contributions today, that's what I would continue earning.

I'm not that familiar with bonds or other income investments. For those of you who do invest in such vehicles, would you be content with a solid 5.65% return, or could one do better with some kind of bond or other conservative strategy while remaining fairly secure. I realize nothing is truly "guaranteed," but TIAA is one of the most solid companies, so I consider them 95%+ secure.

 

[brewer12345]

Go look at treasury rates as a comparator, especially 10 year rates: 4.3%. Your 5.65% in a very strong financial institution should be fine.