Browsing: L Fund

Q. I am currently 100 percent invested in the 2030 L-fund, and I plan to retire within the next 4-5 years. Although I am concerned about maintaining my principle, I am just as concerned about inflation. Do you think it would be wise to switch to the 2020 fund now?

Q. I’m planning to retire as a federal law enforcement officer in March 2016 at age 50. I currently have all of my TSP invested in the L2020 fund. Others at Federal Times have recommended using the Lifecycle Fund that matches your life expectancy versus your target retirement year. I will be taking 72t life expectancy payments from my TSP beginning at age 50. Should I consider moving my TSP into the L2030 or L2040 funds? Is this more likely to make my TSP balance last longer into retirement?

Q. I am a newly hired career postal employee. I just started contributions to several funds in the market. I would like to know if the percentages that I have chosen fit my status. G-40% C-28% S-8% F-6% I-4% L2030-14% Allocation L2030-50% G-50%

Q. I am 52, and I have all my TSP money in the C Fund: $187,000. I probably will not retire until 62 or 65, and by that time I will have 30 years of government service. Which L Fund should I switch to, and should I make a lump-sum move now?

Q. I’m a 40-year old mailman with 17 years service. I plan on leaving the post office when I hit 52 (30 years service). I understand I need to leave my TSP alone until 55 without penalty. My house will be paid off before I’m 51. I plan to work part-time with less stress after 52. I have $91,000 in traditional TSP now ($15,000 in L2030), the rest in G fund. I just switched from 10 percent to 15 percent payroll withdrawal. Should I change my contribution to 100 percent going into L fund, or remain with my current 70/30…

Q. I am a FERS employee and plan to retire in December 2015 at age 68-1/2 with 30 years, nine months of government service. I presently invest my TSP with G Fund 60%, F Fund 10%, C Fund 10%, S Fund 10% and I Fund 10%. Should I switch the money out of the G Fund and invest in C Fund 60%, S Fund 20% and I Fund 20%, as they seem to be doing so much better than the G Fund?

Q. You recommend  that if we do not feel comfortable managing our TSP,  we should  invest in the L Fund that most closely corresponds to our life expectancy. However, the L Funds are named for the year we expect to start withdrawing money, not the year we expect to expire. I expect that I will not be withdrawing much money the year I expire, and certainly none afterwards. So why do you word your advice that way?

Q. I started working for the government about 2-1/2 years ago. I am 56 and plan to retire in 10 years. I am contributing 15 percent of my  pay to the TSP G fund. I want to earn more than this fund is paying. What are your recommendations on which fund I should contributing to? A. If you don’t know what else to do, then about the best thing I can suggest is that you use the L Fund that most closely corresponds to your life expectancy. You won’t know how much spending this will safely support, but at least…

Q. I am 55 years old planning to retire under CSRS in the next year. I currently have approximately $200,000 in TSP using my own distribution choices rather than an L Fund. Although my distribution selection falls between the L 2020 and L 2040 Funds, I am considering movement to an L Fund once I retire. If I understand the TSP descriptions correctly, they suggest I use the L Fund closest to my retirement year (L 2020), but my thought is that I can afford to be a little more aggressive considering I will be receiving a decent pension ($70,000).…

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