Anonymous
04/15/2024 15:17
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:52 and it’s $70K but only been with the govt for 2 years. I just switched from lifecycle to C. Should be over $100K by end of 2024.
Roll your old accounts into TSP. it's a much better deal.
Anonymous
04/15/2024 13:40
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:49, 700k. 80% in C, the rest split between S and I.
I've been a fed for 20 yrs and in my earlier yrs stupidly parked all of my contributions in the G fund. That's probably one of the worst financial mistakes I've made.
My husband did that too—just didn’t know any better. When we got married I started taking over everything finance-related and we moved everything to C. Now they don’t let people start in G fund, so that’s good.
Anonymous
04/15/2024 12:59
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:Anonymous wrote:$864K in C and S Funds. 49 yo. Haven’t contributed since 2017.
Why not?!
going to guess they are no longer a fed?
Anonymous
04/15/2024 12:58
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:Anonymous wrote:52 and it’s $70K but only been with the govt for 2 years. I just switched from lifecycle to C. Should be over $100K by end of 2024.
Sorry, dumb question, but does this mean you’re putting in extra contributions beyond the untaxed contribution amount ($31,000 or whatever it currently is for people above 50)?
if they put in 60,000 over two years, and also got the 5% matching, depending on what their salary is they should have had around $76,000 in deposits over two full years.
Anonymous
04/15/2024 12:30
Subject: Feds in 40s - tell me about your TSP
49, 700k. 80% in C, the rest split between S and I.
I've been a fed for 20 yrs and in my earlier yrs stupidly parked all of my contributions in the G fund. That's probably one of the worst financial mistakes I've made.
I've been a fed for 20 yrs and in my earlier yrs stupidly parked all of my contributions in the G fund. That's probably one of the worst financial mistakes I've made.
Anonymous
04/15/2024 12:15
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:Anonymous wrote:52 and it’s $70K but only been with the govt for 2 years. I just switched from lifecycle to C. Should be over $100K by end of 2024.
Sorry, dumb question, but does this mean you’re putting in extra contributions beyond the untaxed contribution amount ($31,000 or whatever it currently is for people above 50)?
The extra amount is probably from their investment returns.
Anonymous
04/15/2024 12:13
Subject: Re:Feds in 40s - tell me about your TSP
42 with $670k in L2050. Started contributing at 27 and started maxing out 10 years ago.
Anonymous
04/15/2024 12:13
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:$864K in C and S Funds. 49 yo. Haven’t contributed since 2017.
Why not?!
Anonymous
04/15/2024 12:12
Subject: Feds in 40s - tell me about your TSP
46, $1.07M, 70 percent S, 30 C. I have some residual in G, F, and I, but not adding more. I have also taken one or two tsp loans when the market was down.
Anonymous
04/15/2024 12:05
Subject: Feds in 40s - tell me about your TSP
41, $700K in lifecycle 2040, 2050 and 2065.
Anonymous
04/15/2024 12:00
Subject: Feds in 40s - tell me about your TSP
49 with $850K. Life cycle funds.
Worked for Feds with most of my careers except for maybe 5 years.
Worked for Feds with most of my careers except for maybe 5 years.
Anonymous
04/15/2024 11:37
Subject: Feds in 40s - tell me about your TSP
46 years old with $800k in the lifecycle 2040, should probably have been less conservative given our pension
Anonymous
04/15/2024 11:24
Subject: Feds in 40s - tell me about your TSP
A little over a million (at 51). Mostly lifecycle funds, some C, and some I funds too.
Anonymous
04/15/2024 11:22
Subject: Feds in 40s - tell me about your TSP
Anonymous wrote:52 and it’s $70K but only been with the govt for 2 years. I just switched from lifecycle to C. Should be over $100K by end of 2024.
Sorry, dumb question, but does this mean you’re putting in extra contributions beyond the untaxed contribution amount ($31,000 or whatever it currently is for people above 50)?
Anonymous
04/15/2024 11:21
Subject: Feds in 40s - tell me about your TSP
I have 447k in my TSP. I'm 49. I only was a fed for 8 years a long time ago.
So, more relevant, DH has 880k, mostly in C.
So, more relevant, DH has 880k, mostly in C.