akpackfan
01-03-2008, 01:45 AM
I've been reading this site every day since Feb. 07 and just want to say hello to everyone and that I am humbled by the knowledge possessed by so many on this board. I am a 21 year fed and have about 20 more to go. I am also a retired Air National Guard traditional Guardsman. I would like some advice based on the following information:
With my current wages, TSP contributions, and current TSP balance I have figured (using the TSP website calculators) that to reach my dollar amount goal in my TSP account I will need to average a 6% return per year over the next 20 years. Given this information what allocation between all the funds would you split your balance and future contributions if you were just going to buy and hold and make at least 6% per year?
I seems that 6% should be a fairly easy goal to reach every year. I also seem to be the type that cringes every time the market goes down a substantial amount and maybe "lose a little sleep" over it. Because of this I was figuring a majority of my account should be in the G and F funds with the remainder split in stocks. I know most people don't like to give financial advice here but I figured if I simply said I wanted to make 6% per year that should make it pretty easy. Thanks in advance.
With my current wages, TSP contributions, and current TSP balance I have figured (using the TSP website calculators) that to reach my dollar amount goal in my TSP account I will need to average a 6% return per year over the next 20 years. Given this information what allocation between all the funds would you split your balance and future contributions if you were just going to buy and hold and make at least 6% per year?
I seems that 6% should be a fairly easy goal to reach every year. I also seem to be the type that cringes every time the market goes down a substantial amount and maybe "lose a little sleep" over it. Because of this I was figuring a majority of my account should be in the G and F funds with the remainder split in stocks. I know most people don't like to give financial advice here but I figured if I simply said I wanted to make 6% per year that should make it pretty easy. Thanks in advance.