Choosing a fund


Q. I’m a federal employee at HAFB in Utah, and I’m getting ready to retire in six months. Looking at my TSP account today, I have lost more than $3,000 in the past couple days. I’m getting nervous because I’m so close to retirement and I don’t want to lose a lot of what I have in there. Right now, I have $283,249 in L 2020 and I contribute 20 percent of my GS-11 Step 8 income in the C fund which has $9,518 in there. Should I just go ahead and move everything over to the G fund and contribute to that fund now so I don’t lose anymore and at least keep what I have with which to retire?

A. If you don’t want to risk losing money, the G Fund is your only option. Of course, in exchange for avoiding the risk of loss, you’ll have to accept a lower expected rate of return for the G Fund than that for the C, S, I and F Funds.


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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to and view his blog at

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