Double Your TSP with these 3 Changes

It is easy to more than double your TSP. You just need to make these 3 changes in your retirement account. The earlier you do it, the better!

1. Don't time the market
2. Choose a Strategy - and Stick with It!
3. Invest the Maximum from Early on

I talk through the importance of each of these steps and why they will make you rich, a TSP millionaire, and more than double your TSP.

[JonnyTec]

As a young Airmen i was broke and in debt. Made mistakes and didnt learn about TSP.
Now 14 yrs forward and beginning to learn.
Thank you for this content and information.

[ogman]

He forgot step four: Don't get married l'est you have to start over after divorce...

[solf]

This video should have at least 1 million views

[victormartinez]

Thanks for putting this video together. Idk about this conventional strategy during these times. I would have my TSP fund going all in bonds for now... good luck to everyone with your 401ks.

[Awake]

What do you think about this. TSP 5% for the match, Roth IRA maxed out, then come back to TSP? For the sake of controlling what you’re invested in.

[clarks]

So, let’s say I can afford 20%. Would it be better to put it all in TSP? Or would it be more beneficial to just do the 5% match and then put the other 15% into ETF’s or something like that?

[kevintierney]

How lucky I was to be so oblivious that I forgot my TSP existed during March 2020 (peaked in Nov 2021). I've been max-contributing at nearly the same rate I've lost money (still about 2k under from Nov). Now the challenge is to consciously weather the storm...

[BA-pzlo]

im doing 50% C fund and 50% S fund.

should i change it to 100% C fund? because that geezer walter buffet you were talking about said the s&p 500 is so great.

[claeslind]

I’m looking forward to ample of time to snort coke and drinking whiskey.

[rhadycal]

I’m in the military for 4 years now and I’m 27 years old . I currently have 5% in Roth . What is the best option /fund to invest into ?

[bcinc]

Will you have any videos on thoughts on switching from Traditional to Roth IRA? I have about 13 yrs with the service and was wondering should I consider the Roth option.

[ashylarry]

Excellent video and I love your hilarious comments.

[chuckyg]

Hello Rich, Thanks for the videos. I'm a 54 yr old and have 33 yrs gov service. I plan to retire at 57 but will continue to work part time doing something else. I plan on switching from the L funds to 60% C, 20% S and 20%G, What are your thoughts on this move and should i do it when the market is up or down. Thanks for you input

[stephenrobertson]

Idk rich u might be wrong this time! I would absolutely advise to PANIC SELL during a Martian Invasion!!!

[BA-pzlo]

oh i forgot to thank you by the way for your great informative videos BIG UP YO SELF 😂

[woosta]

Im not able to put the maximum every year. What I can do is every time I get a step increase or promotion I increase my contribution 1%. It doesn't max you out but it slowly increases without hitting the wallet as hard.

[BA-pzlo]

rich, i understand you’re 50/50 on C & S. at what age do you reckon you will switch it up to make it less volatile? how old are you now and at what age are you gonna change it? if you dont mind me asking 😅

[jenzanoni]

What strategy do you recommend if one that can retire in 5-6 years 😩I don't plan to touch it but want it to grow..I just don't want to lose a bunch either

[Richard.Cabeza]

With the complete disaster TSP has become since June 1st, I am getting out and putting into IRA with Schwab. I regret not doing this 2 months ago..

[qwertyasdfg]

Pretty sweet deal for forget the context...coming right out of the crash in fairly disappointing numbers