Q. I am 57 years old and relatively new to the federal work force, having been in it three years so far. I plan and frankly need to work until that golden age of 72 1/2. That leaves a whopping 15 years until retirement. I currently invest 80 percent of my contributions to the L2030 and 20 percent to the L2040. I am considering allocations into the L2050 funds. I am, of course, looking for the potentially biggest bang for the buck. What are your thoughts?
A. Without more thorough analysis and consideration, it’s a bit of a crap-shoot. In general, I suggest that, if you aren’t sure, you should commit your account to the L Fund that most closely corresponds to your life expectancy.