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

[Anonymous]

PP, what are the benefits for taking the max insurance? Why I should, please share...

[Anonymous]

680k, 56, GS14, 21 years

[Anonymous]

150k, 30 years of Service, GS 14, age 50 (retired) and, wait for it.....CSRS making $115k for life!!!

[Anonymous]

150k, 11 years, GS-13.

I also payed off a non-gov't student loan (40k) and weathered the housing market crash shortly after we bought our first place during my first decade of post-college life. So, all in all, I am pleased with my savings (my DH has about 200k as well).

[Anonymous]

Joint amounts, as DH & DW are both feds:
Age mid-30s
One has 10 yrs in (GS-14), the other has 4 (GS-12).
TSP $340k plus approx $100k in other 401k plans

[Anonymous]

35, $190, 1 year as GS15.

This got me looking at my statements, the L2030 fund had a 19% rate of return last year! I currently put in 10%, but don't have any other retirement savings, should I be putting in more here I guess?

[Anonymous]

70k
Age 28
GS-13 (Promotion to GS-14 takes effect next month)
6 years

[Anonymous]

Anonymous wrote:35, $190, 1 year as GS15.

This got me looking at my statements, the L2030 fund had a 19% rate of return last year! I currently put in 10%, but don't have any other retirement savings, should I be putting in more here I guess?

If you are only 35, even if you plan on retiring at 60 that will be 2040. So you should be putting it in the L2040 or L2050 fund.

[Anonymous]

Anonymous wrote:

Anonymous wrote:35, $190, 1 year as GS15.

This got me looking at my statements, the L2030 fund had a 19% rate of return last year! I currently put in 10%, but don't have any other retirement savings, should I be putting in more here I guess?

If you are only 35, even if you plan on retiring at 60 that will be 2040. So you should be putting it in the L2040 or L2050 fund.

What If I plan to retire at 55? Safe to round up or down?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:35, $190, 1 year as GS15.

This got me looking at my statements, the L2030 fund had a 19% rate of return last year! I currently put in 10%, but don't have any other retirement savings, should I be putting in more here I guess?

If you are only 35, even if you plan on retiring at 60 that will be 2040. So you should be putting it in the L2040 or L2050 fund.

What If I plan to retire at 55? Safe to round up or down?

I plan on retiring in 2028, so I have mine in 80% L2030 and 20% L2020. I figure that averages to an "L2028" fund. So if you plan on retiring in 20 years, in 2034, I would put it 40% L2030, 60% L2020.

[Anonymous]

85k, age 31, 7 years, GS-11 equivalent

I have a Roth IRA as well. The PP who acquired 330k in 10 years is giving me hope!

[Anonymous]

$410K, 41 yrs old, 11 yrs in govt, grade 16

[Anonymous]

Anonymous wrote:$410K, 41 yrs old, 11 yrs in govt, grade 16

w/ husband who is not a fed but in a field that works w/ govt we have combined amount of about $1.1 million saved in tsp/401K/roth accounts. He's 39 and been working at the same place for 12 yrs now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:58
750 tsp that has been rolled over to F planner
Retired GS 15
SAVE THE MAX WHILE YOU'RE YOUNG
Take the max life insurance option

Oh I wish I did take the max life insurance!!!

I did just notice that when a fed goes to PT, or from PT to FT - it can be changed! FYI DCUMers

You can also increase your life insurance if you have a Life Event, but you have to do it in something like 60 days.

I will play-- 7 years as a fed. GS14. I think my account is @100K. That includes a loan that I took out for a downpayment that I have been repaying.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:58
750 tsp that has been rolled over to F planner
Retired GS 15
SAVE THE MAX WHILE YOU'RE YOUNG
Take the max life insurance option

Oh I wish I did take the max life insurance!!!

I did just notice that when a fed goes to PT, or from PT to FT - it can be changed! FYI DCUMers

You can also increase your life insurance if you have a Life Event, but you have to do it in something like 60 days.

I will play-- 7 years as a fed. GS14. I think my account is @100K. That includes a loan that I took out for a downpayment that I have been repaying.

Oh, and I am 36. To quote Monty Python, "I am not old".