Q: In light of the current economic climate, I’m concerned about what to do with my TSP account. I’m hopeful you would be willing to share your thoughts concerning some of the investment advice services out there that purport to offer advice regarding TSP fund distribution for maximum returns. I’m concerned because I’m 55 with about 10 years left to go in the federal government and about $250,000 in my retirement TSP account and all of it in the G fund, and I don’t want to jeapordize my retirement, which isn’t far off.
A: Market timing services are a sucker’s bet. Choose the asset allocation scheme that provides you with the expected rate of return you need to make your plan work with the minimum risk and implement it. You can’t do any better than that before the fact.