Not so long ago in what now looks like the good old days hundreds of Thrift Savings Plan account holders were hoping to be inducted into the Millionaires Club.
Now that the shock of the stock market correction has settled in, federal retirement benefits specialist Tammy Flanagan said it imperative to calculate what your net retirement annuity income with be.
Not even the usually steady G fund could evade the global economic impact of the coronavirus pandemic last month, as all Thrift Savings Plan funds showed noticeable decreases in monthly returns.
Over the past 11 years just about everybody and his brother has predicted that the record-long bull market couldn’t last forever.
If you had $105,000 in your Thrift Savings Plan (TSP) on Valentine’s Day 2020, by St. Patrick’s Day it had dropped some $20,000, to about $85,000.
The one sure thing about stock market predictions, whether and when it will boom or bust, is that eventually you will be right.
Managed to finish two horror novels last Thursday. The bad news is they were both true, as near as we can tell.
It feels instinctual to want to sell securities now, but it’s an instinct you should ignore.
Well, it finally happened. After 10-plus years, the longest bull market in history, the stock market had an historic correction.
Starting the new year at a low point, nearly all Thrift Savings Plan funds were down in January compared to December.