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Whether you are in the CSRS or the FERS retirement system, the continuing decline in the value of stocks in your Thrift Savings Plan (TSP) or investments outside of the TSP has probably had an impact.
For many people, the money in their TSP is a big part of planned retirement income. With declines of almost 37% in the C fund last year (followed by another 14% decline in 2009 as of this writing); 38% in the S fund in 2008 (followed by another decline of more than 8% so far in 2009); and a decline of more than 42% in the I fund (followed by another decline of almost 12% in 2009), your TSP fund is probably worth less--perhaps much less--than it was 18 months ago.
How has this decline impacted your retirement planning? Are you delaying retirement so that you will not have to dip into your retirement savings for another several years? Are you changing your retirement investment strategy?
From email sent in by readers, we have seen a variety of reactions from people. Some are now investing solely in the F or G funds, others have switched to a lifecycle fund, and some have started putting more of their regular investments into the TSP stock funds on the theory that they will start going back up in the near future and they can make back some or all of their losses in the next several years.
Take this survey and share with others how the changes in our economy have impacted your retirement future and your investment strategy. We will select comments from readers to publish along with the survey results in the next few days.
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