I'm 50 and have $5 million in cash sitting in my IRA - I want safety but hate losing returns, where should I put it?

A Redditor recently found themselves with a net worth of approximately $5.3 million after selling off several stock positions. As they consider their investment strategy, they express discomfort with investing directly back into the stock market, seeking lower-risk alternatives as they approach retirement. Despite their significant wealth, they admit a lack of knowledge about bonds and treasuries, turning to the Reddit community for guidance on how to best manage and grow their funds safely going forward.

This Redditor recently sold a number of stock positions, resulting in a net worth of about $5.3 million, seeking safer investment options as they near retirement.

With the market low-risk options not yielding satisfactory returns, this Redditor expresses uncertainty about the best next steps for maintaining wealth.

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