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Money and Finances
Reply to "Timing the market crash and my tsp"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I took one of those week-long retirement classes awhile back and the smartest advice I got came from the financial guy. He said never put anything in G or a Life Cycle fund. Put it 50:50 in C:S and ride out all storms. Even if you’re near or in retirement— it’s not like you’re going to suddenly liquidate and historically it always recovers and grows. I had $400 K in 2012 and have $2.4 M today, following his advice.[/quote] That's crappy advice for too many reasons to list.[/quote] Actually, it isn't for feds thanks to pension and SS/SS supplement. For many, you don't even have to touch TSP. I personally wouldn't do 50/50 between CS but I am also 100% in CS (similar balance as PP ~2.3)[/quote]
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