I've been investing in my 403b for as long as I've been working, and always had my money in the fixed return. My previous position in my organization guaranteed 7%. I recently changed titles, and my new title guarantees 8.25% return. There are other options (high risk, low risk, etc.), but 8.25% always seemed good by me. I don't have to think about it, don't have to worry about it, can plan my retirement knowing exactly how much money will be there in 30 years, etc. I was playing with a compound interest calculator recently and, if my math is correct, when I retire in about 27 years, I'll have around 2.4 million in there. That's in addition to social security, a pension, and my savings. I feel like I'm in really good shape, but every once in a while I think, "Well, I'm in my early 30's, maybe I should be in one of the more high risk categories..."
So basically, my question is: should I keep my money in the guaranteed fixed 8.25%, move it to a higher risk option, split it, etc?
Edit for clarity: I am a government/public sector employee, and this is a part of our retirement plan.
Submitted December 30, 2018 at 10:10AM by B3LYP2 http://bit.ly/2QaPcNF
