Q. I plan on working in federal service for roughly 22 more years. I contribute enough to the TSP to max out the matching contribution. I read somewhere that it would be a good idea to direct the rest of my savings to an outside Roth IRA with a company like Vanguard so that I have more investment choices for my after-tax dollars. Good idea?
Q. I am 48 years old and I want to get better gains on my retirement funds. I wanted to invest a percentage in the F fund and C fund. I’m not sure of the percentages and how good of a time it is to invest. Please advise.
Q. I’m a 44-year-old federal employee with 20 years of service and hopes of retirement at age 62. This means 17 more years of TSP contribution and growth opportunity. I’ve been using the “How much will my savings grow?” calculator for several years now and I attempt to capture a best, medium and worst-case scenario when it comes to the percentages of expected annual rate of return and expected annual pay increase. From a financial advisor perspective, what would you consider a safe range of annual rate of return for TSP growth?
Q. I am 38 years old with nine years of federal service and approximately $100,000 in my TSP. I am considering leaving the federal government within the next year and I am not exactly clear on what my options are. I understand that I can either leave the money in the TSP or withdraw it, but my wife and I intend to move back home to southeast Virginia. I have been considering taking approximately $20,000 and putting it toward a down payment on a house and putting the balance in a Vanguard IRA. I don’t know if this is this…
Q. I’m 68, about to retire from the U.S. Postal Service and have $260,000 in the TSP. Trying to choose between a rollover to Edward Jones or keeping in the TSP. I know the fees are high at EJ, but the personal contact is reassuring, and my track record isn’t very good managing my account in the TSP. Advice?
Q. I am 55 and retired CSRS this past January. When it comes to my TSP investment, 50 percent is in G, 40 percent in C, and 10 percent in S. Should I move any or all of my G Fund to C? It goes against the “buy low, sell high” philosophy, but I feel like I would earn more over time before I have to take minimum distribution if I put my G Funds back into C.
Q. I am a federal employee with 17 years until retirement. I was going to open a 529 college fund for my daughter, but I’m thinking that I should invest that money into my TSP instead … knowing that I’ll retire when my daughter graduates high school. If she gets a scholarship or decides not to go to college, however, the money can be spent elsewhere. Is this a good idea?
Q. When you lose money in the TSP C,S or I Funds (during a correction or crash), is it only on paper and only temporary until the market rises again at some point? The only time you really lose money is when you sell in a down market and “lock” in your losses, correct?