What’s a TSP investor do? Plan ahead and don’t panic is what most of the pros say. But knowing what you should do during the next stock market crash and doing it are two very different things.
For somebody with a long retirement horizon ahead of them, deferring Social Security until age 70 could boost their benefit 68%. Tough call. But one worth considering very carefully.
Is it safe to put your retirement nest egg in the never-has-a-bad-day (or many good days) G fund? Or go for the stock index or L funds which go up and down but mostly up in recent years?
Year over year, the F and G funds were up slightly while the S, I and C funds were down between 3.36 and 5.20 percentage points.
About 89% of participants said they're satisfied with the Thrift Savings Plan in 2021, a 2% bump over last year. The TSP attributes the slight increase to improved satisfaction among military members in the blended retirement system.
Do you suffer from pension envy? Many current and retired federal employees do!
When they leave government, either for other jobs or to retire, more than half of all TSP investors take some, or often all, of their money with them.
If they made a movie about a government janitor who legally became a millionaire, would you see it? Would you believe it?
Are you saving enough for retirement? Maybe the question nags at you; maybe you wish you thought about it more.
While some welcome regular reports on the TSP and its stakeholders, many are concerned that Congress may take issue with the idea of millionaire bureaucrats.
Millions of active and retired feds — anyone with money in the treasury securities G fund or F (bond) fund — are not investors in the true sense.
Unless the stock market tanks, big time, during the next 51 days the number of federal Thrift Savings Plan millionaires is expected to skyrocket.
A higher January COLA could mean the nation is in for an extended period of higher inflation.
In today's Federal Newscast, the Treasury Department is temporarily suspending investments in the Thrift Savings Plan's G fund to prevent the government from defaulting on debt.