When it comes to investing for retirement, a Traditional IRA is a popular option. But how much interest can you expect to make? The answer depends on several factors, including the diversification of your portfolio, your timeline for retirement, and the amount of risk you're willing to take. Generally speaking, Traditional IRAs have historically offered average annual returns between 7% and 10%.It's important to note that the rate of return you earn will depend on the investments you choose. Your total earnings will be an aggregate of the performance of individual bonds, mutual funds, stocks, ETFs, certificates of deposit, and more.
Ultimately, the amount of money you make will be determined by your IRA's asset allocation.When it comes to banking, it's important to understand that Bankrate does not provide financial or investment advice. Investment decisions should be based on an assessment of your own personal financial situation, needs, risk tolerance and investment objectives. Investing involves risk, including possible loss of capital.
