SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I have $800,000 sitting in a money market account because I don’t know what else to do with it. My hope was that I could put it in something that can yield around 4-5% growth. I also have $900,000 in my 401(k) that is sitting in minimal-risk accounts with Vanguard. I will be turning 62 later this year and cannot afford to lose or go back to what happened to me in the early 2000s. - Kevin I completely under ...