s/o - if you're a fed, how much do you have in TSP & how old are you?
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Anonymous
| 35, 5 years of service, $60K |
Anonymous
That's very good. How does TSP work? How did it get to be so much with the stock market returns so low? |
Anonymous
| 40, 8 years in, I've got 150k so far. |
Anonymous
| 20 years, $550,000 TSP |
Anonymous
|
56+, 24+ yrs of federal service, $605k.
I've maxed out contribs since day 1 plus catch-ups. For the past several yrs have used tsppilot.com as a guide/advisor on allocations and they saved me from six figure losses in '07-'09. I have no affiliation but find the advice very useful. |
Anonymous
| 39 w/ 10 years in and $160 in my tsp. I'd have to look up my other accounts. |
Anonymous
| I'm 30, almost 2 years as a Fed, $124,000 (rolled in my previous accounts). |
Anonymous
| 42 yrs, $54K |
Anonymous
| 50, 15 year fed and almost $500k. So wish I could retire. |
Anonymous
|
28, 38k, 5 years in. 11k in IRA.
Thanks to OP for starting this topic! |
Anonymous
|
44 and $117k in TSP. But I've just returned after a stint in private, and started out in private. My retirement savings accounts altogether have $230k. Not nearly enough, but could be worse I guess.
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Anonymous
| 28yo again...how long did it take for you all to start maxxing out? I tried it for one PP last year and it was 25% of my salary! I'm a GS-11. I currently do 12% which is about all I can do with daycare bills. |
Anonymous
| I always maxed out, never got used to the full paycheck. It's easier imo if you start that way. |
Anonymous
| I read that there are about one thousand $1M+ TSPer government workers ($1.2M average) and one person's TSP is worth $4M. |
Anonymous
Can you invest in individual stocks through TSP? (Not a Fed, so not sure). If so, maybe that $4M guy made some good picks. Hard to imagine how she/he got there on mutual funds. |