Q. I have $600,000 in my TSP allocated as 41 percent in the C Fund, 6 percent in the S Fund, 22 percent in the I Fund, 23 percent in the G Fund and 7 percent in the F Fund. Is this an appropriate allocation for a 54-year-old retiring in two years? I need approximately $2,000-$3,000 a month for 25-30 years. If not, what allocation do you suggest?
A. There is not nearly enough information here to determine the best allocation for your account. I suggest that you invest your account in the L Fund that most closely corresponds to your life expectancy until you can determine a better solution.
