Government Thrift Savings Plan for Beginners (TSP)

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★ Know Your TSP - The Thrift Savings Plan Investment Funds G/F/C/S/I
★ TSP Lifecycle Funds are TERRIBLE - Here is Why
★ Government TSP Platform Tutorial

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#ThriftSavingsPlan #GovernmentTSP #Government401k
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DISCLAIMER:
This video is for entertainment purposes only. I am not in any way acting as an agent or representative of the Department of Defense or United States Federal Government when presenting this information. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.

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Currently a SGT in the Army. Served 5 years. Haven’t contributed a thing to my TSP because it always seemed difficult. Thank you, thank you! For making this so easy to understand. Will definitely be doing some STT on this for the younger Soldiers.

brandonagan
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I’m starting to understand this. Every Sgt in the military should watch this. Thanks Jake

thmo
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I really needed this video. I’ve been in for almost 2 years and I haven’t even bothered to touch my tsp account because it seemed too confusing. Thank you for all the valuable information

kevinc
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To all my current service folk: PLEASE PLEASE PLEASE put a minimum of 5% towards both Trad and Roth! If you can afford it, then send it. I’m looking at you barracks brethren! The smartest thing anyone can do is capitalize on free money and money that would probably get wasted anyway. Don’t get a stupid expensive car with an ungodly interest rate on the loan. And PLEASE, for the love of god build up at least 10k in your savings as a cushion so you don’t have to rely on the NMCRS (Navy/Marine Corps relief Society).

Love this video, regardless of the age and am glad to be seeing it!

kcthenerd
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Hey Jake, just wanted to say that your videos are great! Even though I have been investing for almost last 5 years of my life, I never really took the time to understand more complex methods, such as, short selling, backdoor roth IRA, etc. Your videos are very informative and make it easier to understand these complicated topics. Thanks for all your efforts!

sayrox
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I can’t explain how much you’ve helped me with understanding all this financial stuff on the Military side. Thank you 🙏🏽

hoodiezay
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I've been going with a 85/15 : C/S allocation and havent had any regrets. I've got 25+ years until retirement. Buy and hold!!!

Alvin_
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Thank you Jake! Been with the post office for 15years and haven’t fully taken advantage due to lack of knowledge. I will definitely be doing so now

gsjj
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Great video, this should be mandatory viewing for SGT's time training across formations in the DoD.

rubzrubz
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This was very helpful I wish I would have known about this while I was in the military before I retired. I am now a civilian government employee and enrolled in TSP but I think how much further I could have been if I did this 25 years ago. Thank you again

angelaharris
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Great job! The retirement benefits under FERS are especially complicated, especially for new entrants, and you've done a fantastic job in explaining the basics and in encouraging federal employees to contribute to their TSPs.

djm
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Great video im a 19 year old lcpl in the marine corps infantry and will increase my contribution on my tsp

Leo-lnrd
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You're awesome! You explain this so well! Not one minute during any of your videos do I ever get the "Charlie Brown teacher" voice..You're very clear and easy to understand. Thank you sooo much!

emines
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Hello Jake, came across this channel while looking for TSP info. I am a civilian fed employee currently but also served on AD a few yrs back. Wish I had this info back then...never contributed to TSP while in the Army & was never educated on it. Such a shame, too, bc I attended as many base finance classes as possible. Those instructors talked about saving, debt, cars, etc, but never touched on investing.

Oh well! Live and learn. Maybe you can incorporate your knowledge be it YouTube channel or just teaching classes to the soldiers on your base? If i was still in, I would've signed up for your classes in a heartbeat!

Anyway, keep teaching the masses. You are awesome!!! Thank you!

vivianakye
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. I work for the post office. This information is very good. Thank you 👍

ismaelcastillo
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New subscriber here. Thanks for the info! My start date is a few weeks away and I am trying to gather as much info as possible about the tsp. I am a late starter (early 40s) so I am eager to jump in. I am running through several of your videos and they are very helpful! I just watched the how much you make on youtube videos and noticed that you picked up 10k subscribers in just 2 months. Congrats and I look forward to thumbing through your library and the new content to come. Good luck!!

robbeggs
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Grateful for the Ch-Air Force! Lol
But in all seriousness, thanks for the value brother. Hooyah! -your brother in the US Navy

JayAttys
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Jake, this is another great video. You do a great job breaking down every aspect of the TSP. Thanks a lot.

bridgetg
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I just started rearranging my TSP last year. Been in just over 6. Currently split 50/50 between C&S funds. I was putting %10 in "I" fund for a while, then I decided to ditch it. Your videos are very helpful. Now I just need to get my wife out of the G fund, which she has been contributing to for 13 YEARS!!! I'm gonna forward her this video.

DarthBadgerX
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Awesome education. My son just joined the military. I will share this with him BEFORE ASAP!!! Thanks again!

gregorymoundine