Hey all,
Just joined, lot of good advice out here, figured I'd get myself into the mix. For some background, I was hired in April 2008 as a GS-4 SCEP intern and have been contributing the matching-max of 5% since then. I graduated in May 2010 and was converted to a GS-7 position (non-competitive 7/9/11/12/13 track) in July.
In terms of TSP, when I started working and heard the words "agency-matching", I thought that was good enough. Never realized I could move/invest my money.
So all of my money (not too much, <5K) has been sitting in the G fund thus far, and I'm looking to change that. From what I've read, the L funds aren't too well-regarded, and most people mix it up between the C, S, and I funds (correct me if I'm wrong). Since I'm young, I'm not too afraid of taking risks, but I also know 100% I fund isn't the right choice either (or is it? :blink
. Can anyone point me in the right direction? I've heard 100% C fund, 25%/50%/25% C/S/I funds, and others strategies.
Also, I'll be finishing up my Master's degree this year and am strongly considering joining the Air Force Reserves as an Officer. I know there are a lot of servicemen/women on here, so if anyone has any advice regarding that, I'm all ears.
Thanks,
Berg
p.s. Newcomer Question: You cannot withdraw from your TSP before retirement (without penalty), correct?
Just joined, lot of good advice out here, figured I'd get myself into the mix. For some background, I was hired in April 2008 as a GS-4 SCEP intern and have been contributing the matching-max of 5% since then. I graduated in May 2010 and was converted to a GS-7 position (non-competitive 7/9/11/12/13 track) in July.
In terms of TSP, when I started working and heard the words "agency-matching", I thought that was good enough. Never realized I could move/invest my money.
So all of my money (not too much, <5K) has been sitting in the G fund thus far, and I'm looking to change that. From what I've read, the L funds aren't too well-regarded, and most people mix it up between the C, S, and I funds (correct me if I'm wrong). Since I'm young, I'm not too afraid of taking risks, but I also know 100% I fund isn't the right choice either (or is it? :blink

Also, I'll be finishing up my Master's degree this year and am strongly considering joining the Air Force Reserves as an Officer. I know there are a lot of servicemen/women on here, so if anyone has any advice regarding that, I'm all ears.
Thanks,
Berg
p.s. Newcomer Question: You cannot withdraw from your TSP before retirement (without penalty), correct?