I am a Millionaire; How Much Can I Spend in Retirement?
Can a federal employee who is a millionaire retire comfortably? Here is one real life example.
If you are a federal employee, you may be wondering how to plan for your retirement and make the most of your Thrift Savings Plan (TSP). The TSP is a tax-advantaged retirement savings plan that allows you to invest in various funds and options, depending on your risk tolerance and goals. On this tag page, you will find articles and resources that will help you understand the benefits and features of the TSP, as well as tips and strategies to increase your investment returns and secure your future income. You will also learn about the latest news and updates on the TSP performance, fees, withdrawals, and more. Whether you are just starting your federal career or are near retirement, these articles will provide you with valuable information and guidance on how to make the best use of your TSP.
Can a federal employee who is a millionaire retire comfortably? Here is one real life example.
In a year of volatility, TSP investors have moved billions into stocks as 2023 TSP performance has skyrocketed. Do you own the fund that jumped more than 11% in November?
How do the TSP L Funds work, and are they the best investment option for federal employees?
The 2023 TSP satisfaction survey results have been reported. TSP returns are rebounding so far in November.
A change has been approved to the index tracked by the TSP’s I Fund to expand international investment options for federal employees and retirees.
Should federal employees treat their Roth TSP investment allocations differently than traditional TSP?
These are some reasons federal employees may want to consider moving money out of the TSP.
The FERS annuity is an important part of a federal employee’s retirement income, but there are other factors that must be considered.
Despite the recent declines in the stock market, the number of TSP millionaires has risen sharply in 2023.
The IRS has announced the 2024 annual contribution limits for the TSP and IRAs.