Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$30,000, 39, GS 14, 5 years
OK, I feel horrible now . ..
I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.
I'm broke too.
42
GS-11 Fed 6yrs
Right at 30k
I'm only in the G fund and need to switch quickly and save wayyyyy more
Yup. The G fund makes no sense of you - you'll be 67 in 2039. Assuming that is when you want to retire, put your TSP savings in the L2040 fund.
Anonymous wrote:Anonymous wrote:Anonymous wrote:$30,000, 39, GS 14, 5 years
OK, I feel horrible now . ..
I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.
I'm broke too.
42
GS-11 Fed 6yrs
Right at 30k
I'm only in the G fund and need to switch quickly and save wayyyyy more
Anonymous wrote:I'm surprised by these low numbers. Aren't you all putting in 5% and getting the 5% match? Why such low numbers then? The Lifecycles have been doing GREAT for at least 5 years and the returns have been over 10% each year.
Anonymous wrote:Anonymous wrote:$30,000, 39, GS 14, 5 years
OK, I feel horrible now . ..
I'm with you. I dont' know my numbers off the top of my head - but they are similar to yours.
I'm broke too.
Anonymous wrote:80k, 5 years in, 27 years old
Anonymous wrote:$30,000, 39, GS 14, 5 years
OK, I feel horrible now . ..
Anonymous wrote:Anonymous wrote:Anonymous wrote:You are all doing much better than me - and I thought I was doing pretty good!
47, 16 years, 390K
For comparison to you 37 year olds, a decade ago I had 60K.
how the hell did you increase your retirement savings by 330k in 10 years? are there different contribution limits for TSPs or something?
Nope. It's the market. About 10 years ago we were coming off of an abysmal period for all earnings. I'm a different poster, but I remember being "stuck" at 175k for years, even with new additions and matching. Or member thinking "I'd have been better off taking the money and sticking it under my mattress". But with matching and much better 10 year returns, you can have made that much. Good stock market plus compounding.....
Anonymous wrote:Anonymous wrote:You are all doing much better than me - and I thought I was doing pretty good!
47, 16 years, 390K
For comparison to you 37 year olds, a decade ago I had 60K.
I think you're doing great! 47, 14 years, 388k here.