Retirement game plan


Q. I am 62 and plan on retiring in the next few months. My goal is to have $4000 per month after taxes in retirement income. My FERS annuity and Social Security get me to about $4100, pre-tax. I have $350,000 in my TSP. I figure that if I can take out a partial withdrawal of $50,000 for emergency funds and liquidity purposes, stay invested in the G Fund with the remainder, take equal monthly payments of $1300 and meet my post-tax income goal, then my TSP should last at least until I’m 87, when I don’t expect to need it anymore. I don’t have heirs. Since the FERS and Social Security are inflation-adjusted, I think my plan is the lowest risk way to get where I want. Am I missing something?

A. You want to take $1,300 per month for 25 years from an account that starts with $350,000? As long as the G Fund delivers at least one percent per year in return, your plan will work.


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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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