Anonymous wrote:400k LC2024- 38 years old.

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

My advice: Just put it in 100% C and treat your pension as your conservative stocks. Lifecycle stocks are more conservative—but if you’re going to use one, pick one that’s way off in the future.

Anonymous wrote:400k LC2024- 38 years old.

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

So you’re just going to shrug and leave your investments in a fund you yourself believe is a poor choice (potentially forgoing 100s of thousands of dollars or more cumulatively) because “math is hard”?

Read some blogs, talk to knowledgeable colleagues or book a session with a financial planner (you may even be able to get a free session through your workplace benefits).

43, 600K. (6% G, 10% F, 48% C, 21% S, 15% I)

Anonymous wrote:400k LC2024- 38 years old.

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

Why would you contribute to this fund at all? Also, not sure what this is. Just general L? The earliest L fund is 2025.

At 38, if you choose a LC fund (which I don’t recommend, they are too conservative) it should be, at the most conservative, for your age LC 2045.

But really, I do a heavy C with a little S and I and I’ve beat all LC performance every single year. I should probably ditch the S and I too as they underperform C and at 43 I still have another 20+ years. My one year as of end of March was a little over 28%. The only thing higher was if you were 100% C and that got you 29.8%. Next up were the LC 55, 60, 65 all at 24.1.

43, $765k, 66% C, 28% S, 6% I. 18 year fed, started maxing in 2013, always contributed at least enough to get the max prior to that and increased with every step/COLA/grade until I got to the max.

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.