Q. What is considered a good percentage to withdraw from your TSP beginning at age 56? I’m married, so we have dual TSPs and dual pensions. Is there a formula that is generally accepted? I was considering 3 to 4 percent a year and have my funds in the L2020 and L2030 at this time.
A. There is no generally safe rate higher than zero since the answer will depend upon how you manage the money along the way.