What investment is guaranteed at 7 percent

A 7% guaranteed return can be achieved through various investment vehicles, but it's important to understand the characteristics and risks associated with each option:

1. **Traditional Annuity - Retirement Choice (TIAA)**: This is a popular choice for individuals looking for a guaranteed income stream with a 7% return. TIAA Traditional Annuity-Retirement Choice offers a guaranteed rate of return of 7%, which compounds daily. It's important to note that while the return is guaranteed, there may be surrender charges if you withdraw money early.
2. **Fixed Indexed Annuity (FIA)**: Another option for a guaranteed lifetime income stream with a 5-7% return. FIAs provide 100% principal protection and offer a guaranteed income for life, which can be attractive for retirement planning. However, it's crucial to review the terms and conditions, as the return may be subject to caps, restrictions, fees, and surrender charges as described in the annuity contract.
3. **Treasury Inflation-Protected Securities (TIPS)**: TIPS are backed by the US government and offer a fixed rate of return, which is adjusted for inflation. While the return is not exactly 7%, TIPS can provide a stable income stream with inflation protection, which may be part of a diversified investment strategy.

It's important to consider the following points:
- While these investments offer a guaranteed return, they may not outpace inflation or provide the highest returns in a rising interest rate environment.
- Each option comes with its own set of fees, surrender charges, and tax implications, which should be thoroughly reviewed before investing.
- Diversification is key in any investment strategy, and relying solely on guaranteed 7% return investments may not optimize overall portfolio performance.