s/o - if you're a fed, how much do you have in TSP & how old are you?
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Anonymous
*Update* 31, 8 years, 100K in TSP. 14K in IRA (losing money there...Ukrainian/Russian crisis, argh). I've always contributed 10% at work, can only imagine what I'd have if I maxed! |
Anonymous
| What exactly is maxing out? I currently contribute 5% to get my agency's match. |
Anonymous
Putting in the most that you are allowed. |
Anonymous
| max is $18k this year if you are under 50. $25k if you are 50 and over. |
Anonymous
Am one of these. 25+ years of service, have maxed out every year. Am all equity all the time (some painful dips after October 2007). Haven't looked recently but somewhere in the range of $1.8 to $2 million. Have other equity investments (including a variable annuity), close to a year's salary in cash and a small real estate investment. No mortgage, no debt. Firm believer in living below one's means. Paid cash for a new car (a midlevel Honda) that is now 12 years old. |
Anonymous
| I'm 44 and have $585K. Been in the govt for almost 20 years and have maxed or close to it every year. PP, that's amazing- don't think I'll be where you are in 5 years, but hope to break the $1M mark by then! |
Anonymous
| 52 years old, been a fed for 23 years. $875 in my TSP. Did not always put in the max allowed, but am doing the catch up contribution for the third straight year now that I'm old enough. |
Anonymous
| 38, $350k. |
Anonymous
| 45 a few weeks ago. $523k. |
Anonymous
Oh- fed for 19.5 years. |
Anonymous
| $623k at age 52. Doing max and catch up. |
Anonymous
| 32 years old, contributed for 9 years, TSP at $120k now. I only maxed out a couple of those years, now I'm just doing 5% for the matching. |
Anonymous
| 57, $700,000 in the TSP, plus more in regular and Roth IRAs. I think I have 25 years of service, but I was out of the government around 7 years. I have always maxed out, and I do a partial over 50 catch up ($3,000 instead of the Max). |
Anonymous
|
59, 29 1/2 years (including a 9 year military time purchase), FERS, $700k tsp, $100k+ pre fed IRA, $60k ROTH, maybe $600k cash, widowed. GS13 10 for years; about to plug the plug because I don't feel I'm valued (IT security since 1994).
Been doing max catch-up since 54. |
Anonymous
|
Here's a link to some TSP amount statistics:
http://www.fiercegovernment.com/story/tsp-millionaires-total-thousands-statistics-show/2015-04-13 |