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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think he's more the norm than people would like to admit in DC.  $300K income but house-poor with a $1.2 MM home in Chevy Chase and private school tuition.  His parents were typical white-collar in CC as well.  He likely had student loans that were paid off, so he didn't start saving for retirement until later (thus the $500K TSP).  He has wealthy friends and a slight desire to keep up with the Joneses (see said house and the expensive baseball tickets).  I think he's pretty typical.[/quote]

“Kavanaugh has a government retirement account worth nearly half a million dollars.”  At age 53, he doesn’t even have $500k in his TSP—“nearly” means anything from $450k to $499k.  This guy has been doing it all wrong.[/quote]

Yes, that's piss poor TSP management / performance

He quit paying into TSP 12 years ago.  That amount gets added to his judicial pension. Once he had a pension as a judge, that amount does not matter as much. [/quote]

It would not make sense to pay into TSP after getting into a define pension regime.  The TSP amounts should only reflect contributions from his time spent in TSP eligible service which I assume ended years ago.  [/quote]

I’m 10 years younger than this person and I have jerky 650k in TSP.  Friends say that’s not that great, and I agree.[/quote]

Your age is not the relevant measure, it’s time served in a TSP eligible position. If he only served 6 years and saved that much, it is much different than if he had served for 18 years or so or whatever you have.  You also have to account for the amount of money he was making back then (some Admins are very cheap, even with senior staff, paying only 90-125k).

Moreover, unlike you, he has the 500k plus his pension.  You are not comparing apples to apples at all.

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