Amount in TSP? Age? Years in Government? GS Level?

[Anonymous]

Anonymous wrote:

Anonymous wrote:You are all doing much better than me - and I thought I was doing pretty good!

47, 16 years, 390K

For comparison to you 37 year olds, a decade ago I had 60K.

I think you're doing great! 47, 14 years, 388k here.

47, 17 years, $305K

(Although I do have a little $ in an IRA if I can start making my excuses now.) You all are in good shape, especially since catch up contributions start in 3 years. Keep going, market!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You are all doing much better than me - and I thought I was doing pretty good!

47, 16 years, 390K

For comparison to you 37 year olds, a decade ago I had 60K.

how the hell did you increase your retirement savings by 330k in 10 years? are there different contribution limits for TSPs or something?

Nope. It's the market. About 10 years ago we were coming off of an abysmal period for all earnings. I'm a different poster, but I remember being "stuck" at 175k for years, even with new additions and matching. Or member thinking "I'd have been better off taking the money and sticking it under my mattress". But with matching and much better 10 year returns, you can have made that much. Good stock market plus compounding.....

I feel like "compounding" never works for me.... I feel stuck

[Anonymous]

Anonymous wrote:$30,000, 39, GS 14, 5 years


OK, I feel horrible now . ..

I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.

[Anonymous]

$19K, 32, GS-14. Almost one year.

About $36K in 401K from three years of work in private sector.

[Anonymous]

80k, 5 years in, 27 years old

[Anonymous]

Anonymous wrote:80k, 5 years in, 27 years old

I just got my quarterly mailing and on my Lifecycle 2040 I got an 18.5% rate of return.

[Anonymous]

Anonymous wrote:

Anonymous wrote:$30,000, 39, GS 14, 5 years


OK, I feel horrible now . ..

I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.

I'm broke too.
42
GS-11 Fed 6yrs
Right at 30k
I'm only in the G fund and need to switch quickly and save wayyyyy more

[Anonymous]

$280k
39 years old
15 years
GS-15

DH is 47, has 19 years of service, also a 15, and has $370k.

[Anonymous]

I'm surprised by these low numbers. Aren't you all putting in 5% and getting the 5% match? Why such low numbers then? The Lifecycles have been doing GREAT for at least 5 years and the returns have been over 10% each year.

[Anonymous]

$370k, 19 yrs., 45 y/o, GS-14

[Anonymous]

Anonymous wrote:I'm surprised by these low numbers. Aren't you all putting in 5% and getting the 5% match? Why such low numbers then? The Lifecycles have been doing GREAT for at least 5 years and the returns have been over 10% each year.

It appears that some people are not, Captain Obvious.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$30,000, 39, GS 14, 5 years


OK, I feel horrible now . ..

I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.

I'm broke too.
42
GS-11 Fed 6yrs
Right at 30k
I'm only in the G fund and need to switch quickly and save wayyyyy more

Yup. The G fund makes no sense of you - you'll be 67 in 2039. Assuming that is when you want to retire, put your TSP savings in the L2040 fund.

[Anonymous]

Almost $500k, 49, gs 14, 21 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$30,000, 39, GS 14, 5 years


OK, I feel horrible now . ..

I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.

I'm broke too.
42
GS-11 Fed 6yrs
Right at 30k
I'm only in the G fund and need to switch quickly and save wayyyyy more

Yup. The G fund makes no sense of you - you'll be 67 in 2039. Assuming that is when you want to retire, put your TSP savings in the L2040 fund.

When pp is old and broke, he can blame it on his years of ridiculous laziness. It takes two minutes to switch.

[Anonymous]

$660K, 45, GS-14, 24 years