The Simple Math of Doubling Your TSP: Do These 3 Things!

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[itguru]

All in C fund for last 20 years. And the next 7 years. Millionaire club

[Just_Stevo]

I contribute 27%. That's how you double your TSP.

[glasshalffull]

#4 Don’t move your money around as you try to ‘time the market’ as the market fluctuates.

[E-MA]

As a federal employee usually we get a cost of living raise every year. This is a good time to increase TSP saving by another 1%. Same thing for step increases.

[phillylady]

This is a very simple explanation, and especially useful for those who invests conservatively but may not under how the markets move on a long term basis.

[ericstrausz]

Max out your contribution. C and S fund. 100% ROTH 401K. Thanks!!!😁

[zenawarrior]

Great info & comparison. Thanks!😊✨️💰Compounding interest is so powerful!

[bigtimeja]

Excellent explanation and tips. Thank you

[adrianfriend]

That’s funny, as I watched this video I was eating beans and rice!😂

[Sandleo]

Mr Hawes I have a question sir. I ma closer to retirement (by ends of 2024 or maybe by end of 2025). I have a large TSP but low cash on hand. I need about $30K for a used truck as my other one is about to die. Would it be smart to take a TSP loan for the money and begin to pay it back while I am still working and then pay it off once I retire or should I try to find another way? Any advice would be great for TSP heavy but cash strapped guy ! Thanks!

[reidloscidem]

Take advantage of your two inter-funds transfer per month everyone!