Re: Average TSP Balance at Retirement
Saw a article last year...it stated that only about 20 people were above the million mark. I know of two controllers that are above a million. One had a million dollar party! BTW, they both had OPM mess up their retirements. They were put into the wrong retirement system and were awarded 1.2 million for the TSP accounts.
I started service in 87 and contributed the max of 10%. When they removed the limit, I contributed the IRS max each year.
Being ATC I was GS14 most years, then converted over to AT12. Unfortunately we can't work live traffic past the age of 56, so most of our lifetime earnings our compressed, hence the higher pay.
2000-2002 hurt my account balance, but I'm sitting a little over 700K right now.
CURRENT ALLOCATION = 100% S Fund
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