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Money and Finances
Reply to "Amount in TSP? Age? Years in Government? GS Level?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's interesting how 3 consecutive posters above are mid-30's (35-37) but have varying amounts in their TSP/401(k): $110,000 $220,000 $330,000[/quote] I'm the 220K poster - I've been doing 5% the last few years as we recently bought a house and have one child in preschool and another in daycare very soon. This thread definitely makes me regret not maxing out the last 5-7 years but at the same time I also need that money for aforementioned expenses. I'm definitely proud of the fact I was doing 15% when I started working at the feds when I was single, renting an apartment, and not having many other expenses. But am I generally doing okay given the circumstances?[/quote] I think 220k/35yr is not bad at all. With at least 20 more years to go, you will (most likely) well over 1mil by the time you retire. [/quote]
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