For the people who have made $500K-$1M+ in TSP

[Anonymous]

For the people who have made 500K+ in TSP, I’m impressed! How much are you contributing each pay period? How much does your employer match? How long have you been investing, and what are you investing in?

Looking for genuine information. I’m far from retirement (in late 30s), but single mom with no future inheritance hoping to do this right for my/my kids’ future.

[Anonymous]

I'm 49 and have $900K. But I have been contributing the max starting when my kid entered kindergarten and I was no longer paying for preschool (9 years ago). I contributed enough for the match when I started at 28.

Since you are a fed, you will also be eligible for a pension too!

[Anonymous]

I am a long time fed and have 1.6. started TSP a few years after I was hired (young and stupid and missed out first a few years) but I've been maxing it

[Anonymous]

Contribute the max starting now if you can. I started in my mid-20s. All holdings in total stock index or s&p500 index

[Anonymous]

I am in a finreg, so I have a govt 401K and TSP, with over $500K between the two. I did 5% when I first start with the government in 2008, 10% from about 2010-2014, 15% from 2014-2015 and maxed starting in 2016 at 38.

[Anonymous]

I’m 48 and have just over $800k. Started when I was hired at 25. I didn’t max the whole time (especially the day care years), but always put in at least 7 or 8%. My agency matches 5%.

I mostly invest in C, with a little S and a tiny bit of G. Slow and steady. I have another $300k in a Roth, started that when I was 22. It’s mostly grown from contributions I made before age 30.

[Anonymous]

I'm early 50s, been working since early 30s, and I'm at $700K. I've been contributing the 5% that gets the full match, but with kid expenses haven't been able to do more. I have it in L2040 but think this isn't ideal now since it's over 25% in G+F and I have a pension coming that covers the low-risk end of investing.

[Anonymous]

Mid 50s and no kids. Have been contributing the max since the day I started. I'm not sure how much is there now but it's significant.

My advice: put in as much as you possibly can as soon as you can. Put it in stocks. If your agency has a matching program, definitely do your damnedest to make full use of the match. And good for you for thinking ahead!

[Anonymous]

I have almost $1m. 46, started at 23, always got at least the match; probably maxing it out did the past 15-18 years.

[Anonymous]

Since I joined the feds 15.5 years ago, maxing contributions each year + catch up for the last few. 5% agency match. All invested in C, S, I but I change the percentages periodically.

[Anonymous]

Retiring at my MRA (56.6 years) in December and I have 1.2 mil in TSP. I always contributed the full amount allowed. Currently in lifecycle funds.

[Anonymous]

I'm 44 with 500K. Started as a fed in 2011 and for about a year put in just enough for the match (I'm kicking myself). Then our financial advisor crunched the numbers and said I needed (and could afford to) max it out, so I have been since about 2012. I did it (doing it!) through the daycare years, but we have only one child. Good chunk in C fund, some in I and some in G. Little bit in S and F.

[Anonymous]

just as a short-time perspective, i'm 48 at a finreg, have only been a fed for 8 years, TSP is at $300k and separate 401k is at 80k. i've been putting in the max or just shy every year, have not rolled over any external funds to the TSP though i may roll the gov 401k over. the extra finreg match has been 3-5%.

i have other retirement funds as well, but i should hit 500k just in my government retirement accounts by the time i'm 50.

[Anonymous]

I just started a year ago at 50 but will be contributing the max and putting it all in stocks. It’s right month to month but I just accept that with whatever my post contribution pay is, is what I have to live on.

[Anonymous]

Anonymous wrote:I am in a finreg, so I have a govt 401K and TSP, with over $500K between the two. I did 5% when I first start with the government in 2008, 10% from about 2010-2014, 15% from 2014-2015 and maxed starting in 2016 at 38.

Sorry, to be more clear I’ve been at a finreg since 2016. Before that I was GS.