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Reply to "For the people who have made $500K-$1M+ in TSP"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm at $1.06 million, 25 years in. I work for Congress, so a slightly lower salary structure than people on the GSA schedule. I maxed out at about $160,000 in 2019 and have been at that salary for a few years now. For most of my time, I did not contribute even 10% - I contributed enough to hit the 5% match, but not much more than that. Then about five years ago I finally started maxing at 10%. I've been through a lot of ups and downs in the stock market - you hit a milestone, and can stay there for a while before a big leap. Hit the following milestones: $100,000 - 7 years $200,000 - 9 years $300,000 - 14 years $400,000 - 15 years $500,000 - 18 years $600,000 - 19 years $700,000 - 21 years $800,000 - 22 years $900,000 - 22.5 years $1,000,000 - 23 years! I have been stuck at or close to a million since December 2021 - hopefully the market will start going up soon! [/quote] Good job. We are all stuck since dec 2021. [/quote] Impressive. What's your distribution mostly? C?[/quote] I'm in L2030 - I turn 62 in 2030, so that seems like a good time to retire! There is a nagging part of me that thinks that maybe that is too conservative given that I have a pension too, but it feels like it is too late to make a big change in plan allocation now.[/quote] It’s not too late! [/quote]
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