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Thread: Share Your TSP Balance and Your Age Thread

  1. #241

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    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by Seiko141 View Post
    Age- 60 retired in 2016 with 28 yrs of service and $1,120,000 in TSP. I withdraw $3500 per month from TSP plus retirement pay and supplement. Paid off mortgage ($150K). Paying for two kids in college, traveling wife does not work. Current balance in TSP $900,000. Current allocation 50% C fund, 50% S fund. :-)
    Wow, 100% in stocks in retirement. Good for you, sir! I imagine you have done very well for yourself over these bull years with that approach. Every broker on the planet would probably tell you to be more conservative with your money at your age, but I suppose it is easier to stay in the game when you have other sources of income like your pension and no mortgage. Congrats!

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  3. #242

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    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by Bullitt View Post
    I'm not a financial advisor, but I'd say dump all that money into an L fund - today. Before noon. Forget timing. Keep contributing through highs and lows and get on with your life.
    Couldn't agree more. Get in now and forget about the stock market for 20 years. If you are one to worry about your retirement every time you see the market down 1% on the day, then stop looking at the market. Set it and forget it.

    Also, its important to note that you have to set both your "allocation" and "contributions" to the new fund. Allocation is your current total balance, while contributions are what come out of your paychecks. They are separate in TSP and have to be adjusted individually. If you move your allocation into the L fund but leave your contributions going to G fund, you are going to miss out on a ton of money in the long run. So set them both, and go enjoy life.

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  5. #243

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    Default Re: Share Your TSP Balance and Your Age Thread

    Folks a 10+ year reader of the TSP talk, did not post more than a couple of times. I retired in June at age 61 with 36+ years of FERS service. TSP now equals ~$1.3+, was 100% S, my 1 year gain is ~36%, got cold feet and went 50% S, 30% C and 20% F. Received first TSP paycheck at $3K / month. Unsure of road ahead and yes the commercial fund managers want it all.
    thanks for all the terrific insights and lessons learned. Stay in TSP or go. After MUCH internal head-space discussion I stayed put (for now).

    Good luck to those in route!


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  7. #244

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    Default Re: Share Your TSP Balance and Your Age Thread

    TWO GRAPHICS THAT HAVE HELPED MY INFORMED CHOICES ARE 1) the PER SHARE VALUATION RATIO BETWEEN SPECIFIC FUNDS TO SHOW TRENDING BETWEEN FUND VALUATIONS and 2) VISUAL SLOPE, DIRECTION, AND CLOSING DAY PRICE OF FUNDS FOR S, C, I, L2050, L, F, and G OVER THE YEARS. AN EXCEL WORKBOOK DRIVES THE DAILY GRAPHICS UPDATE FUND to FUND SHARE VALUATION.jpgFUND HISTORY.jpg
    Last edited by TSPuser; 08-27-2020 at 09:21 PM. Reason: sequence adjustment to align text with graphics

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  9. #245

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    Default Re: Share Your TSP Balance and Your Age Thread

    What on your first chart is "GC"? is that a 50-50 mix or something?

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  11. #246

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    Default Re: Share Your TSP Balance and Your Age Thread

    Hi James48843 - the first chart on the left, with the legend titled GC, shows the calculated time history comparative valuation of a share of the G fund in contrast to a share of the C fund. You can see how this valuation has changed over time, as one would expect as the C Fund is invested in a stock index fund that tracks the Standard & Poor's 500 (S&P 500) Index, a broad market index made up of the stocks of 500 large to medium-sized U.S. companies rather than the G fund that invests in a special non-marketable treasury security issued specifically for the TSP by the U.S. government. Hope this helps. I used this to assess when it makes sense to shift some $$ into our out of a holding.

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  13. #247

    Default Re: Share Your TSP Balance and Your Age Thread

    Just turned 55. Have been contributing to the contribution limit for 30 of my 33 years in government. With a $965K balance at the end of Sep 2020 and plans to retire at the end of 2021 I have 85% in the L Income Fund and 5% each in the C, S, I funds. My future contributions are 100% US equities.


    Sent from my iPhone using TSP Talk Forums

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  15. #248

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    Default Re: Share Your TSP Balance and Your Age Thread

    Quote Originally Posted by coquina View Post
    Just turned 55. Have been contributing to the contribution limit for 30 of my 33 years in government. With a $965K balance at the end of Sep 2020 and plans to retire at the end of 2021 I have 85% in the L Income Fund and 5% each in the C, S, I funds. My future contributions are 100% US equities.
    Coquina, congrats on doing so well with your retirement account and hopefully you hit that $1M milestone soon!

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  17. Default Re: Share Your TSP Balance and Your Age Thread

    Almost 48 yrs old. ATC 18yrs. Eligible to retire in 2 years. Mandatory in 8 yrs. Balance as of 10/9/20 899k. Blessed

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  19. #250

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    Default Re: Share Your TSP Balance and Your Age Thread

    Maxing out the contribution 30 of 33 years is awesome!

    Quote Originally Posted by coquina View Post
    Just turned 55. Have been contributing to the contribution limit for 30 of my 33 years in government. With a $965K balance at the end of Sep 2020 and plans to retire at the end of 2021 I have 85% in the L Income Fund and 5% each in the C, S, I funds. My future contributions are 100% US equities.


    Sent from my iPhone using TSP Talk Forums
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  21. Default Re: Share Your TSP Balance and Your Age Thread

    Age 47, 21 years in - 9 to go. Started contributing 5%, got as high as 12%, economy pushed me back down to 8%. Sitting on 400K ATM. With elections, pending vaccine, and stimulus bill - I'm overthinking my interfund transfers for the next 6 months. Trying to win big and lose nothing (of course). I didn't budge when COVID took 150K out of my TSP. Got all my losses back and gains to boot.

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  23. #252

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    Default Re: Share Your TSP Balance and Your Age Thread

    Congrats on everyone and their TSP.

    My story starts in 1987 when I first started to contribute to my TSP. I was in the CSRS retirement program so I got no matching funds. I didn't know a lot back then about investing and everything was done either over the phone or snail mail. So I sat in the "G" fund from 1987 to August 1994 when I split between "G" and "C" fund. It wasn't until 2003 that I finally understood what the heck was going on and April 2008 I really got a good grasp on what was happening when I joined TSPTalk. I always looked at my TSP as a supplemental income after retirement since I would have a decent pension. I wish I had been more informed early in the program. After retirement I kept my TSP instead of transferring to an outside account and I haven't done to bad. But, pretty soon I will have to start drawing on my account and at that time I will move out of my TSP and put it into another account I have with Edward Jones. My goal was to try and get my account as close to 500K as I could before 70 1/2 but in 2013 I made a decision to take 70K out of my account to pay off some school loans and make some home improvements. I don't regret my decision but I won't reach my 500K goal.

    Anyway the key is to maximize your contribution early so that you get as much of the matching funds as you can. I have been somewhat aggressive (mostly in the "S" fund) and I have had some really good years and some bad years. The key is to be informed and don't be afraid to ask questions. There are some really smart people here. Don't be afraid to take some chances. Yes, you might get burned but but remember you are in it for the long haul. But I have to admit some of it is just dumb luck.

    Good luck
    May the force be with us.


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