Retirement Planning
How Much Income Will Your TSP Really Provide in Retirement?
https://youtu.be/xzev-EeSEJs Having a big TSP (Thrift Savings Plan) by retirement is amazing. But there is a problem. We aren’t used to living off a large sum of money. We are used to a pay check every 2 weeks. So how do we turn your TSP into a Read more…
Estate Planning
My TSP isn’t Growing, Should I Take Some out to Pay off House?
Unless you’ve been living in a cave for the last 6 months, you know that 2022 has not been a pretty year for the TSP (Thrift Savings Plan). The market (C and S funds) has gone down significantly which has made even the calmest investors nervous. And in Read more…
Retirement Planning
The G Fund is Now The Biggest TSP Fund!
https://youtu.be/63koQX3DWeQ Well it is official. The G fund is now the biggest fund amongst the 5 core TSP Funds. And that is not a small feat as the C Fund (the next biggest fund) has over $200 billion invested in it. And while we are still waiting for Read more…
TSP/Investing
The Best Place for Your TSP once You Retire
https://youtu.be/PwMvAoTBAGs The TSP (Thrift Savings Plan) is an amazing tool to grow your money for retirement. But once you retire, is it still the best place for your money? Spoiler: Sometimes, but certainly not always. 3 Options for your TSP at Retirement Here are the main Read more…
TSP/Investing
When You Shouldn’t Max Out The TSP (Thrift Savings Plan)
https://youtu.be/4ICvj_7MY9Y Don’t be deceived by the title. I love it when anyone is able to max out their TSP. However, you don’t want to get the cart in front of the horse and mix up priorities. The Basics We can’t ignore the basics of personal finance just to max out Read more…
Estate Planning
The New TSP Funds are EXPENSIVE
https://youtu.be/53Ly-evf74k The mutual fund window (which is scheduled to be released in the summer of 2022) is an exciting new feature but has a dark side. It can be much more expensive. What is a Mutual Fund Window? For those that aren’t familiar with what a mutual fund Read more…
Taxes
How RMDs (Required Minimum Distributions) Actually Affect Your TSP
https://youtu.be/BgpQjVMAqak Note: As of 12/2022, the laws that determined that age that RMDs start have been changed. Here is more information on that. As I speak with federal employees from around the country, there is nothing that seems to be as feared (and misunderstood) as Required Minimum Distributions (RMDs). Read more…
