Re: Share Your TSP Balance and Your Age Thread
Originally Posted by
Boghie
Since others are posting updates:
Age: 52
Balance: $425K
Investing: Alternate between three allocations (Conservative, Normal, Aggressive)
Expected Balance at age 65 (using Quicken and DinkyTown.Net):
- Retirement Age: 65
- Expected Return: 7.69% - My actual IRR since 2004. I have obviously gone more conservative...
- Expected Inflation: 2.5% - I still expect very muted inflation. Could change, but...
- Expected Contributions: 15% of Gross Salary, 10% from me, 5% match
- Expected Balance: $1.3 million
- Expected Annual Withdraw (20 years): $74K
- Expected Annual Withdraw (30 years): $60K
I'm OK with that. My guess is that my IRR will raise over the next 2 - 4 years so the ending balance should be higher. I think my focus should be on keeping my average annual return about 5% higher than inflation. Happy
Have a Great 2018 folks - 2017 was stupendous!!!
Age: 53
Balance: $499K (as of 2017/12/29 - Dang market lost a fraction of a percent)
Investing: Alternate between three allocations (Conservative, Normal, Aggressive)
Expected Balance at age 65 (using Quicken and DinkyTown.Net):
- Retirement Age: 65
- Expected Return: 8.25% - My actual IRR since 2004.
- Expected Inflation: 3.0% - I still expect very muted inflation. Could change, but...
- Expected Contributions: 15% of Gross Salary, 10% from me, 5% match
- Expected Balance: $1.425 million
- Expected Annual Withdraw (20 years): $80K
- Expected Annual Withdraw (30 years): $65K
Edelman Financial's VERY Conservative estimations:
Age: 53
Balance: $499K
Investing: Alternate between three allocations (Conservative, Normal, Aggressive)
Expected Balance at age 65 (using Quicken and DinkyTown.Net):
- Retirement Age: 65
- Expected Return: 5.5% - A disgustingly conservative number.
- Expected Inflation: 3.0% - I still expect very muted inflation. Could change, but...
- Expected Contributions: 15% of Gross Salary, 10% from me, 5% match
- Expected Balance: $1.111 million
- Expected Annual Withdraw (20 years): $50K
- Expected Annual Withdraw (30 years): $37K
- Edelman Financial determined that I need 40K annually inflation adjusted from my TSP account for thirty years of retirement and an additional 8 years for the wifey. There are additional assets ($140K) from the sale of the house that bring the 30 year window distributions to well over that requirement - at 5.5% return. Yowser...
Lookin' up at the 'G Fund'!!!
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