Reply to Amount in TSP? Age? Years in Government? GS Level?

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[quote=Anonymous]I would also be interested in someone explaining why it's advantageous to max out life insurance through fed program. The only advantage that I saw was that if you had poor health, they did not require a physical

I maxed out when I first started in the govt 13 years ago and added whatever I could when I got married.  At the time it didn't make much sense financially, particularly when I was single but my mom had just passed away and I decided that if I were to die early I wanted my younger brother to benefit from it.

Once I had kids, I did not get anything for either kid.  I think it's about $25,000 per kid.  I figure that would cover things like funeral expenses, and I thought that if I ever had to bury a child, 1) I should be able to pay for it; 2) The loss of a child would be so devastating that I wouldn't really care what happened next anyway.

Once I have weaned from the pump and get back into shape, etc. I plan on getting a physical.  If the numbers check out (good cholesterol, bp, etc) I will get a policy outside of the govt.  DH got one after DC#1.  He's not a fed.  His rate is cheaper than what we currently pay.  They did however, require an exam.[/quote]

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