r/TSPStrategies
▲ 88 r/TSPStrategies
Looking to retire in 5 years.
So I’ll be 60 and 8 months old when I hit my 30 year anniversary. I recently moved everything to L2045 and bumped up my contribution.
Somebody recently told me that as long as I’m 60 that working an extra 8 months to hit my 30 year anniversary wouldn’t matter in terms of retirement benefits. If this is true and I can get out 8 months earlier that would be awesome. I’m at my breaking point at this job. Knowing that retirement is in sight is the only thing that keeps me going.
u/Hungry_Release_3664 — 3 days ago
Hey guys! Need some thoughts on this? If you were inheriting some money and wanted to find a way to transfer this into tsp, what would be the best way to do this? Could you open say something like a vanguard individual Roth account and then transfer funds into TSP after whatever holding period there is?
u/Prize_Magician_7813 — 9 days ago
▲ 13 r/TSPStrategies
What Is the TSP C Fund? (Simple Explanation for Beginners)
The TSP C Fund is basically the Thrift Savings Plan version of investing in the S&P 500. It tracks the performance of the 500 largest U.S. companies, so when people say they’re “all in C Fund,” they’re betting on long-term growth of the U.S. stock market.
Think companies like Apple, Microsoft, Amazon, Nvidia, etc.
Historically, it’s had higher returns than the more conservative TSP funds, but it also comes with more ups and downs during market crashes. A lot of federal employees use it as their main growth fund if they have a long time until retirement.
Simple version:
C Fund = large U.S. companies
Higher growth potential
Higher short-term volatility
Best suited for long-term investing
u/FedEmployee1 — 7 days ago