A political event can cause a temporary shake up in the stock market. What does this mean for your TSP account, and how do you know if you are taking the right amount of risk for your personal situation?
The author says that one of the TSP’s greatest strengths (its low costs) can also be one of its greatest weaknesses.
I am 61 and getting ready to retire soon when I turn 62 and can draw my Social Security. It doesn’t appear I will ever need to touch my TSP or IRA, however, I was told I have to spend my TSP when I get older – is this true?
I will turn 70 at the end of 2017 and was contemplating retiring at the end of that year. If I delay retirement until June 30, 2018 (the year I will turn 70 and ½), can I “double up” my TSP contributions and catch-up contributions as if I worked the full year?
Want to be a millionaire someday? These are five habits that people who become millionaires practice that helped them get there.
The author notes that despite his handle, the original Lone Ranger didn’t actually ride alone. He had the assistance of Tonto, his trusted companion. Federal employees considering planning their retirements alone can learn from this analogy: they can often fare better with the assistance of a trusted guide to help them. The author provides suggestions on what to look for in a federally focused financial planner.
I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?
I am at most four years away from retirement and am worried about another stock market decline along the lines of 2008 in light of events such as Brexit and the upcoming elections. Should I stick with a more moderate/aggressive investment approach in my TSP or move into something less risky?
The author says that under CSRS, a do-it-yourself approach to retirement was more practical for federal employees, but those under FERS may face bigger obstacles trying to go it alone.
I am a FERS employee that has reached my Minimum Retirement Age. Is it wise to pay off our mortgage before I retire?
