Reply to s/o the worst financial decision you made

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Kept my TSP investments in the G fund for the first 2.5 years of my Fed career. Whoops[/quote]

Ugh, me too. [/quote]

Double ugh. They should make the default a lifestyle fund based on your projected retirement date, and force people to opt into moving everything to G (or any other allocation combination) if that's what they really, really want. I think a LOT of people keep TSP in the G fund for so long because they don't know any better, and the process for changing it is not very intuitive for new employees and/or those not experienced with investing.[/quote]

This is OP - and I left my retirement fund in money market stocks for six years because I didn't know any better. We just switched it out last week after I finally got my husband - who, thankfully, is not *as* dumb about money as I am - to take a look to see if it was invested properly. He was horrified to see.

Honestly, this retirement stuff is killing me. I am trying not to spiral into thinking about it too much because like it or not those 20 years for saving are just done, and there's not anything to do about it but try to do better going forward. Still - argh.[/quote]

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