The Fastest Way to Double Your TSP (Even if You're Close to Retirement)

How To Invest the TSP
How to Invest the TSP in Retirement

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[timeismoney]

I put 100% in C and over 20 years I got over one millions. That is true.

[yshouldifoogle]

C fund is averaging 10% returns over time. There are down years at times but average higher over time. Rebounds so far take 2-3 years. S fund was 8% average over time. Short term these fund can wreck you IF you can’t stay for 3 years minimum

[K]

I heard him say get in the C and S fund. These are high risk funds with high returns that I'm in. After the divorces, court and child support I needed to devise a plan. I have one and it's working.

[greasey]

When I started with the federal government nearly 24 years ago, the advice we got from HR is go 50%C and 50G. I did that for about six years until a friend said to get out of the G fund. I retired three years and now have a little over $500, 000 in my TSP. It can be better but it’s not too bad.

[joeanderson]

Awesome video as always! It definitely helps when you're surrounded by folks who want to invest as well!

[christopherbellboy]

Thank you for the valuable information 🙏🏾

[conner]

What I do is every COLA increase, I increase my TSP contribution. Also for step increases.

[DH-gkvh]

Is it too late to do it as a spousal beneficiary?

[MegaAlex]

What's wrong with eating rice and beans? That is my favorite meal.

[dawnrauch]

Are saying that should go what match . I thought if go over the match I should get ira

[rnmom]

You are always so encouraging. Truly appreciate your focus on the federal employee...we truly are a unique segment. ❣

[braaronify]

Hi Im not yet for retirement, but would love to know what is your advice for those of us who have Fed Stdent Loans (Loan Forgiveness after 10 yrs) and TSP? Do you have any videos on this? What would you recommend we can do, in order to “pay less” until “debt is forgiven” after 10yrs of service

Will greatly appreciate your reply on this one.

[timcooley]

Not sure if you have covered this, but in the TSP, how are the dividends accounted for? have not seen in statements how that is calculated.

[brendanchang]

Does anyone know in 2024 with the new SECURE 2.0 Act that Congress passed will the TSP allow for matching contributions into the Roth portion of the TSP ?

[kendarcie]

QUESTION: I am 60 years old, 40 years of service, still working. While working, can I direct roll over some of my tradtional TSP to an external IRA and then back door it to a roth?

[lovealwaysjasmine]

Can one just hold L2065 and become wealthy?

[PinoyAkoever]

Would it make sense to wait to move savings to the C-fund after a market crash?

[rjmurray]

A colleague recommended at least 20% if one can as to lower your income which will mean less tax liability, the more you show for income the tax man will take a bigger chunk, best wishes out there fellow federal employees!

[zenawarrior]

Sorry people are so rude here to you. I totally got all of what you said. Thanks😊

[Ricardo_Veteran]

I am military retiree and a Federal employee. Can I deduct my TSP Traditional Contributions in my Federal Income Taxes or it is already considered in my W-2?