Welcome TexasMom! Most of us here don't use the L-funds, but for a "set it and forget it" type of investor, they are fine.
There are now five L-funds that are more aggressive than the 2040, and for someone in their 30's, they may be a better fit.
https://www.tsp.gov/funds-lifecycle/
The 2040 has about 67% of its assets in stock funds. Comparing that to the 2065, the most aggressive, which has 99% in stocks. As you get older these funds will decrease their exposure to the stock funds so they get more defensive as you age.
So, at your age, I think you may want to get somewhere in between 2040 and 2065, or even closer to 2065 to be more aggressive now, and allow that to decrease aggression (autmatically) as you get older.
Thanks for joining us!
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