Everyone has the same goal in retirement: Don’t run out of money! But there are numerous different strategies that are used to ensure your money will last. Here are 3 of the most popular strategies. Sacred Principle The first strategy is the simplest. It is simply to only spend your Read more…
Warren Buffet is one of the most successful investors of all time with a current net worth of about 120 billion! But is there any part of Buffett’s investment strategy that applies to federal employees? I am glad you asked! While Warren made his billions picking individual stocks he gave Read more…
Primary TSP Funds ReturnThere are many TSP funds. The first TSP fund returns we will look at are the primary funds (G, F, C, S, and I funds). Source: https://www.tsp.gov/fund-performance/ Observations: The G and F fund are more conservative. The vast majority of the time the G and F fund Read more…
https://youtu.be/jph5RZNWBkk Your TSP (Thrift Savings Plan) is an awesome place to save for retirement and get tax benefits. But what happens to your TSP when you die? Where does it go? Who has to pay taxes/penalties? When do they have to withdraw it? This article will help Read more…
https://youtu.be/N53di8zrE4E How much do you need in your TSP for a great retirement? 1 Million? 2 Million? Or 200k or 500k? Every “expert” seems to have a different answer. And it is all very different for federal employees who also have pensions, Social security, and more. Read more…
https://youtu.be/h-CujpwEkZw There is no perfect TSP strategy that is perfect for everybody but some strategies will help you reach your goals much better than others. And how you invest in your TSP is only 1 of 3 things that will make or break your retirement. Here are the Read more…
https://youtu.be/xyGdhbJXhv4 If you want to stay out of jail then you have to pay your taxes. But there is no reason to leave a tip. And making mistakes with TSP withdrawals is a great way to leave the government a tip. So before taking a TSP withdrawal Read more…
https://youtu.be/UtXpsS8mTt8 Getting into the correct TSP L (lifecycle) fund can make or break your retirement. Some L funds are aggressive and some are wildly conservative with many in between. But which is best for you? What L Funds Actually Do Right now there are 10 active Read more…
https://youtu.be/4vw0_B0EpI8 The TSP (Thrift Saving Plan) is one of the biggest employer retirement plans in the world. But despite its size, is it really the best place for you to grow your money? Or are there better options to get more bang for your buck? Two Read more…
https://youtu.be/fpfYs4VpWXk Getting money into your TSP is pretty easy. It simply goes straight out of your paychecks and you don’t have to think about it much. But getting money out of your TSP can be more complicated as it isn’t as familiar and it often has tax implications. Read more…
