Federal News
The number of self-made members of the TSP’s millionaires club jumped again last month. The number of active and retired feds with million-dollar-plus balances was 112,880 as of December 31, 2021. Source: Federal Retirement Thrift Investment … [Continue reading] about Self-made millionaires club shows growth spurt
Whether you’re a lifer with Uncle Sam, or your current job is just training for a better gig in the private sector, odds are one of these days you will retire. As in walk out under your own steam. Hopefully at an age that will give you plenty of … [Continue reading] about Got a best age to retire in mind? If not, maybe you should!
Aside from the securities-backed G fund and the fixed income investment F fund, all other Thrift Savings Plan funds closed out 2021 with higher returns than the month before. In addition, the F fund was the only one to end the year in the red, … [Continue reading] about G, F funds dip while other TSP returns rise in last month of 2021
In case you hadn’t noticed, inflation is at a 20 year high. Gasoline prices have jumped 40%. Houses are up 30% in many spots. A new car costs an average of $40,000-plus. And this may be the new normal, according to some experts. That’s the … [Continue reading] about Inflation, debt, retirement: A bad mix
When feds leave government — either to take another job or go into retirement — one in three investors in the Thrift Savings Plan move their money out of Uncle Sam’s 401k plan. Reasons vary widely. Many go into an IRA because they find it easier to … [Continue reading] about Life after government: Should you stick with the TSP?
