nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
I was just going over some old, old accounts and saw that between 1987 and 1990 I contributed $2.2k and my employer contributed $6.4k to TIAA-Traditional deferred annuity. This was the default place to put retirement funds and I didn't think much about it. Over the years I've learned a bit more and realized that TIAA-Traditional is a great fixed income option. It's current balance is $45k which implies an annual return of 6% and given a minimum guaranteed return of 3% and the very low risk I think my ignorance worked out ok.
