Q. I am not a government employee with almost eight years of civil service completed, and 100 percent of what I invest goes into the G Fund. I’m 37 years old. I started investing later, so I am behind, with a current balance of $11,000. Which fund should I have my money going into? I don’t want to work until I’m 70 because I failed to invest properly. I want to see my money grow so that when I do retire, I am comfortable.
Browsing: L Fund
Q. When I retired 5 years ago, I transferred all of my savings to the L Fund that was close to my life expectancy. I’ll be required to start withdrawing the RMD in 2018. With all of the uncertainty going on with the stock market, should I move the money I have left to the safe G Fund or stick with the L Fund for the long run?
Q. I’m a federal employee within about 5 years of retirement and am wondering about whether to revise the distribution of funds in the L 2020 fund in which I’m now invested ($127,000 balance). I was just told the rate of return in the G fund (to which the L 2020 fund currently allocates 44 percent) is quite poor and that I should consider reallocating funds out of the G fund — perhaps concentrating on the C, S and I funds. However, I’m aware of the need to invest conservatively with this short time horizon. Under these circumstances, would you advise…
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?