This is a very common question so thank you for asking it! But believe it or not , it doesn’t have a simple answer.
An IRA is not an investment
You see, an IRA is not an investment itself. It’s simply a type of retirement savings account inside of which you can invest your money in any number of mainstream financial products (stocks, bonds, mutual funds, CDs, annuities, etc.). Consequently, the return you can expect to earn will depend on how you invest the money.
For more information on how IRA investments work, I encourage you to read this blog post I wrote on the subject: What Exactly is an IRA? In it I discuss your exact question and provide an overview of the different types IRAs, how they work, and how you can invest inside of them.
Specific advice is available
Finally, if you have a specific type of IRA investment in mind or if you’d like help selecting something that’s appropriate for your situation, I encourage you to contact our team of Financial Advisors here at USAA. They can be reached at 800-771-9960.
Thanks again for your question. I hope this helps and I wish you all the best!