https://youtu.be/ozVhaLfT_oo I bonds have now been thrown into the spotlight after being in the shadows for many years. And that is because they are now returning 7.12%!! Yeah, seriously. To put that in perspective, the G fund only earned about 1.3% in 2021. The reason I Read more…
https://youtu.be/y8ta7GYbZA4 Doubling your TSP. Sounds great right. There isn’t anyone (I assume) who wouldn’t want twice as much money for retirement. But the real question is who has the knowledge (and discipline) to make it happen? Here are key factors to know (and do) to double your Read more…
The TSP (Thrift Savings Plan) is awesome at creating wealth and helping you retire confident. However, many federal employees cripple themselves by making one (or many) or the following TSP mistakes. Not Saving Enough Early The most powerful element in investing is time. The more time we Read more…
What sets apart those that are extremely well prepared for retirement from those that may be cutting it close? In my experience, it is often debt (the lack of) and the TSP (Thrift Savings Plan). And while keeping debts to an absolute minimum (i.e. paying off your mortgage Read more…
Working for the federal government is often not known for its crazy high salaries and bonuses. Despite this, many federal employees retire as millionaires. How is this possible? The answer: They knew how to use the TSP (Thrift Savings Plan) correctly. How To Invest In Your TSP Read more…
Question 1 If I retire at age 62, and I do a rollover into a traditional IRA, do I pay taxes on the rollover amount? Also, if I am over 59.5 yrs old (I plan to retire at 62) can I take a lump sum out of my TSP? If Read more…
https://youtu.be/83XF_RU4vaA Question 1 I currently work at a VA hospital. I have been investing 15% of my income into the traditional TSP and also 15% in the Roth TSP. I listened to one of your videos, and you had mentioned if you are married filing jointly and making over $209,000 Read more…
Question 1 I listened to your episode about investing in the TSP and traditional and Roth IRA all at the same time. I have money in all 4 (Roth and traditional TSP and Roth and traditional IRA outside of TSP). When I max out contributions to one account can I Read more…
Question 1 Dallen, love the videos and the help you provide. I plan on retiring next year at my MRA. I have a relatively small Roth IRA outside of the TSP and just started putting money into the ROTH TSP to start building more tax free money for later in Read more…
