The number of feds who have account balances ranging from $750,000 to $999,000 rose between 2016 and this year. Now the largest balance is more than $6 million.
Financial planner Arthur Stein cautions against investing too much of your TSP in the G fund, because of inflation and taxes. You don’t want to see the purchasing power of your TSP account eaten up over time.
Many experts say that the current bull market began in March 2009 and if it lasts through this month it will be the longest in history. Others say it didn’t start until much, much later.
July was overall an optimistic month for Thrift Savings Plan performance, with all investment funds showing positive returns compared to the previous month.
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.
When financial times get tough and a bear market rears its ugly head many Thrift Savings Plan investors head for the safety of the bond index F Fund or, more likely, the super-safe never has a bad day G-fund.
The Thrift Savings Plan investment and lifecycle funds both see slight increase in return as the new year takes off.
While none of the funds dipped far enough to post negative returns, only three funds showed growth since September.
Certifed financial planner Joe Sullender answers questions and emails about how to create a financial plan for your family. July 29, 2013.