Q. I am a 58-year-old FERS retiree, retired two years ago, and unfortunately only have $120,000 in my TSP. I will try not to take out any money until I turn 70, if possible. What L Fund do you recommend I keep my money in? I cannot tolerate loss at this point, but would like some growth.
A. The only TSP fund that avoids the risk of loss, with some growth, is the G Fund. The closest L Fund to this is the L Income Fund, but this fund exposes you to the risk of loss.