Page 17 of 27 FirstFirst ... 71516171819 ... LastLast
Results 193 to 204 of 323

Thread: Share Your TSP Balance and Your Age Thread

  1. #193

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,993

    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by RealMoneyIssues View Post
    Daaaaaang... I am soooooo far behind

    Sent from my S9+ using Tapatalk
    Be of good cheer RMI. I got a late start and over 20 years have managed to accumulate $.6 Mil. All is not lost.

    PO

  2.  
  3. #194

    Join Date
    Feb 2011
    Location
    Southeastern VA
    Posts
    236

    Default Re: Share Your TSP Balance and Your Age Thread

    $853000, 58 years old, 30 years of service. Getting closer every day!

  4.  
  5. #195

    Join Date
    Apr 2005
    Posts
    14,685
    Blog Entries
    13

    Default Re: Share Your TSP Balance and Your Age Thread

    $721,358 and 58, with 29 years,10 months and 4 days of service.

    Not that I am counting down to 30 years, or anything.

    The plan is - probably 3 more years, or till I hit $1 million, which ever comes first, then parachute out to my next adventure.


    Sent from my iPhone using TSP Talk Forums

  6.  
  7. #196

    Join Date
    Apr 2005
    Posts
    14,685
    Blog Entries
    13

    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by superdave View Post
    I'm 54 1/2 and have been a Postal Employee for 29 years. TSP balance is $690k. 100% in the c-fund at this point. I was lucky enough to get out of the stock fund in the early 2000's and again in 2008 and missed most of that down time. Currently weighing my options on the timing of my retirement.
    Hey super Dave- please be sure to let me know when you decide to bail out of stocks. I got trashed in the crash of 87; the pullback of 91, the dot.com bubble of 2000, and got shellacked in the crash of 2008-2009.

    So if you got any idea of a good time to move to safety, I’m all ears!!!


    Sent from my iPhone using TSP Talk Forums

  8.  
  9. #197

    Default Re: Share Your TSP Balance and Your Age Thread

    Update:Well i retired in 03/2017 and went contractor my balance update is 520k and another 35k in a sep ira; i've been primarily 70%g with the other percentage in s, c, or 2030. I'm pinging about 3.4 - 4.2% a year and I'll take it cuz it lets me sleep at night. I really don't want to touch my tsp till 2022 (62yo then) so hopefully i'll pickup 100k or so in interest. I enjoy this particular thread very much!

  10.  
  11. Default Re: Share Your TSP Balance and Your Age Thread

    I am 32 and have been contributing to TSP for almost 5 years now. My balance is about 90k, and always looking for information to help for fund selections and timing.


  12.  
  13. Default Re: Share Your TSP Balance and Your Age Thread

    Hi just turned 55. Balance $1,242,000. Been investing in TSP for 31 years. Invest 17K a year. Use to be at the max, but due mostly to laziness on my part have not kept up with the IRS increases to the max limit. My allocations are spread about 75% C/S/I, with mostly in C and the remaining in 25% spread on the out year L funds. When I first started in TSP, I was focusing on being in a position to retire at my MRA of 56 with 1M balance. Although I hit the 1M mark, it is 50/50 on retirement at 56. Most likely, I will wait to 59 when my house is paid. New target is 1.5M

  14.  
  15. Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by Anthony.l View Post
    I am 32 and have been contributing to TSP for almost 5 years now. My balance is about 90k, and always looking for information to help for fund selections and timing.
    Far from an expert, but my advice: Invest the max allowable or as close to max possible, if you can afford it. If you can't, I would encourage you to increase your TSP % contributions as your salary grows. The key is getting to the max (or close to) a soon as you can. As far as fund selections, given your age, I would suggest C and S, with most in C. If you are looking to reduce some of the risk, then you can add some to one of the L funds. However, I would pick the L 2050 fund, if you choose that route. At your age, I would not have anything in G. As far as timing, I would encourage you to view TSP as a long term vehicle. TSP encourages this and has eliminated the ability to "day-trade" via TSP. Don't sweat the ups and downs of the market at your age. With that said, over my 31 years in TSP, I have made short term moves to protect my balances when there have been significant moves in the S&P index, like in 2008. Not worried about perfect timing, but more asset protection. With that said, I don't change how I buy in the TSP. In fact, in those circumstances I increase the opportunity to buy low. Hope that helps.

  16.  
  17. #201

    Join Date
    Feb 2012
    Location
    Arkansas
    Posts
    3,277

    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by Anthony.l View Post
    I am 32 and have been contributing to TSP for almost 5 years now. My balance is about 90k, and always looking for information to help for fund selections and timing.
    Max out your contributions to the extent possible each year. At your age, and with a commendable TSP balance, you have the advantage of compound interest working in your favor for literally decades to come. I’m sure other have compounding calculators that they use to project future balances, but this is one I use. https://financial-calculators.com/co...est-calculator
    You might also want to set up an account in the TSP Autotracker. A valuable tool for keeping up with percentages throughout the year.
    Good look young man.

  18.  
  19. Default Re: Share Your TSP Balance and Your Age Thread

    Thanks for the insightful information BR James and Razor Cat. Seems the most common factor when asking for advice is to max (as much as possible) contributions as early as possible. Glad I have learned this pretty early in my career.

  20.  
  21. #203

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,396

    Default Re: Share Your TSP Balance and Your Age Thread

    I wish I had done that!!



  22.  
  23. #204

    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by nnuut View Post
    I wish I had done that!!
    Don't be too hard on yourself, nnuut. If you remember, we weren't allowed to do that when we were younger. The max we were allowed to contribute was 10% back then. That's always irked me because I could have contributed a lot more early on before getting married. By the time they changed that to the IRS limit I was married and had too many obligations in place. I had to wait for step increases and COLA increases to bump mine up to the limit. It's a lot harder to do it that way.
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

  24.  
Page 17 of 27 FirstFirst ... 71516171819 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
Share Your TSP Balance and Your Age Thread
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Share Your TSP Balance and Your Age Thread
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Share Your TSP Balance and Your Age Thread
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Share Your TSP Balance and Your Age Thread
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes