Imagine the financial and emotional hangover you would have today if some, most or all of your retirement nest egg had been invested in the Thrift Savings Plan's T Fund? That's "T" for technical stocks.
Financial planner Arthur Stein says that “declines are part of the market cycle.” In fact, he counted a historical average of 5 percent declines about three times a year.
Are you worried about your retirement nest egg? If so, financial planner Arthur Stein has a couple of simple investment tips and he will share them when he joins host Mike Causey on this week's Your Turn.
Are you a federal employee worried about your mix of TSP funds and retirement nest egg? If so, financial planner Arthur Stein has a couple of simple, ulcer-preventive tips.
Financial planner Arthur Stein joins host Mike Causey on this week's Your Turn to discuss how the Thrift Savings plan is doing and what you can do to protect your investments from a market correction that many experts say is long overdue. July 3, 2018
The number of federal/postal workers with Thrift Savings Plan accounts worth at least $1 million jumped nearly 600 percent between April 2016 and April 2018. The value of the biggest account grew by nearly 30 percent in that time.
As of April 3, the number of federal and postal workers and retirees with million-dollar-plus Thrift Savings Plan accounts had grown to 23,098.
When most people focus on millionaires in government they are talking about a relatively small number of super-rich political appointees. But there is a larger group who did it by saving and investing in the Thrift Savings Plan.
One of the complaints some Thrift Savings Plan investors have is what they consider a lack of investment options.
The amount of money the White House is proposing to cut from federal workers' take-home pay and the future inflation protection benefits for retirees closely mirrors the balance of the F, I and S funds in the Thrift Savings Plan as of Dec 31.
The fund where federal workers have most of their retirement nest egg returned 2.3 percent last year, while the fund where they have the least amount invested returned 25.4 percent. What's wrong with this picture?
Did the recent stock market nosedive send you moving money from the stock indexed C and S funds into the G fund for safety? If so, was that a smart move?
Did the stock market mini-correction a few weeks back make you nervous? Did it cause you to shift money in the stock-indexed C, S and I funds into the "safety" of the Treasury securities G fund? Was that wise? Find out when financial planner Arthur Stein joins host Mike Causey on this week's Your Turn. February 21, 2018
A highly-respected New York financial writer predicted that the U.S. stock market was long overdue for a correction of the type we saw on Monday.
A growing number of federal workers are joining the self-made millionaires club, says Senior Correspondent Mike Causey.