Amount in TSP? Age? Years in Government? GS Level?
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Anonymous
I am in the lifecycle fund - I don't understand. I think I need to check out my statement. |
Anonymous
I would also like to know this! Currently don't have any life insurance but am expecting so I know I'll be changing it for this "life event." |
Anonymous
By expecting I mean I'm pregnant... |
Anonymous
| I always thought life insurance through the government was expensive and that you should only take what is provided and purchase a term policy separately. |
Anonymous
|
$160k, will have 8 years in as of Sept., I'm 34, started as a GS-9 and have been a GS-14 for a year and a bit now.
We just started maxing it out last tax year, had been increasing percentages with each GS increase and step increase over the years. Husband is a fed too and has roughly the same, but almost 10 years in, non-GS schedule but started as a 7. |
Anonymous
| Gs 7 190G in account 16 years of service |
Anonymous
|
I would also be interested in someone explaining why it's advantageous to max out life insurance through fed program. The only advantage that I saw was that if you had poor health, they did not require a physical
I maxed out when I first started in the govt 13 years ago and added whatever I could when I got married. At the time it didn't make much sense financially, particularly when I was single but my mom had just passed away and I decided that if I were to die early I wanted my younger brother to benefit from it. Once I had kids, I did not get anything for either kid. I think it's about $25,000 per kid. I figure that would cover things like funeral expenses, and I thought that if I ever had to bury a child, 1) I should be able to pay for it; 2) The loss of a child would be so devastating that I wouldn't really care what happened next anyway. Once I have weaned from the pump and get back into shape, etc. I plan on getting a physical. If the numbers check out (good cholesterol, bp, etc) I will get a policy outside of the govt. DH got one after DC#1. He's not a fed. His rate is cheaper than what we currently pay. They did however, require an exam. |
Anonymous
|
GS 15, 18 years, about $600K in TSP. DH has slightly less, he started later.
I am 49 |
Anonymous
| gs 12, 29 yo, 23 months in govt, $18k |
Anonymous
| I'd also like to see asset allocation: % stock, % bonds, % money market/cash if you are in something other than the target retirement fund. |
Anonymous
15% I Fund, C Fund 35%, S Fund 30%, F Fund 12%, 8% G Fund - I'm 31 and my Roth IRA is entirely in Int'l funds. |
Anonymous
| 210k, 8 years, 33, GS 15 for almost 2 years. |
Anonymous
| Age 48, 14 years, $300k. Target retirement fund, 2030. |
Anonymous
| ^^GS15 |
Anonymous
|
GS-14, 740K, 27 years - 1st 3 years were in old sytem so only contributed for 24 years.
G- 26, C - 35, S - 25, I - 13, F- 1 |