49, 9 years of service, 450k in TSP. 85% in C. 5% in F, S, I each.

About to start those catch-up payments... probably won't retire until i'm 65.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Roll your old accounts into TSP. it's a much better deal.

DP here. Former fed.

I have my old TSP and two 401ks from different jobs. Now I’m going to start another one with a new job at 49.

Do people just have retirement accounts littering the landscape, like I do, or do they roll them together?

Maybe I should post a separate thread on this.

I’m the same. I have two 401ks from prior jobs. Should I fold them all into TSP?

Yes you should roll both over to the TSP. Will make future paperwork much easier.

Rollover is very simple- one online form for each account.

When I looked into it it seemed very complicated

https://www.tsp.gov/tsp-basics/move-money-into-tsp/

"TSP rollover concierge service
Call the ThriftLine and follow the prompts to access the rollover concierge service.

A rollover specialist will assist you with each step of the process. They’ll contact the providers who administer the account you’re rolling over to the TSP, complete distribution paperwork on your behalf, and contact you for any signatures needed to finalize the rollover. Then the specialist will ensure that the money you want to roll over enters your TSP account correctly"

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Roll your old accounts into TSP. it's a much better deal.

DP here. Former fed.

I have my old TSP and two 401ks from different jobs. Now I’m going to start another one with a new job at 49.

Do people just have retirement accounts littering the landscape, like I do, or do they roll them together?

Maybe I should post a separate thread on this.

I’m the same. I have two 401ks from prior jobs. Should I fold them all into TSP?

Yes you should roll both over to the TSP. Will make future paperwork much easier.

Rollover is very simple- one online form for each account.

When I looked into it it seemed very complicated

Anonymous wrote:

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.

There is also the government match.

I'm 48 and 10 years in government; current TSP 50/50 split between C and S fund is $350K. I started maximizing my TSP about 3 years ago.

Anonymous wrote:

Anonymous wrote:

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.

Roll your old accounts into TSP. it's a much better deal.

DP here. Former fed.

I have my old TSP and two 401ks from different jobs. Now I’m going to start another one with a new job at 49.

Do people just have retirement accounts littering the landscape, like I do, or do they roll them together?

Maybe I should post a separate thread on this.

I’m the same. I have two 401ks from prior jobs. Should I fold them all into TSP?

Yes you should roll both over to the TSP. Will make future paperwork much easier.

Rollover is very simple- one online form for each account.

$630k. 45, starting maxing at 38. All C now but some residual S and I.

Anonymous wrote:

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.

Roll your old accounts into TSP. it's a much better deal.

DP here. Former fed.

I have my old TSP and two 401ks from different jobs. Now I’m going to start another one with a new job at 49.

Do people just have retirement accounts littering the landscape, like I do, or do they roll them together?

Maybe I should post a separate thread on this.

I’m the same. I have two 401ks from prior jobs. Should I fold them all into 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.

Roll your old accounts into TSP. it's a much better deal.

DP here. Former fed.

I have my old TSP and two 401ks from different jobs. Now I’m going to start another one with a new job at 49.

Do people just have retirement accounts littering the landscape, like I do, or do they roll them together?

Maybe I should post a separate thread on this.

400k LC2024- 38 years old.

I wish I had it in a different fund, but I don't really understand them all.

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 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 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 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.

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.