I have 14 years Federal service and have always been in the C fund 100%. I Currently have about $230,000 there.
For the last few years, I've been contributing at 15%. I was not attentive to my TSP over the years, having started with the C fund for no particular reason and then just leaving it sit. After 2008 I was leery of transferring things after the big losses and further delayed getting into L 2030. Obviously, the C fund was amazing in 2013 but January 2014 has been way down. So how do I know the right time to transfer the whole thing to an L fund? Is that the right thing? I will probably retire by 2035. If it's relevant, my wife is in TSP too, with everything in L2040. TSP accounts are our only substantive investments and as you may have guessed, I doubt I have the savvy to custom-manage a portfolio.
Thanks in advance!
For the last few years, I've been contributing at 15%. I was not attentive to my TSP over the years, having started with the C fund for no particular reason and then just leaving it sit. After 2008 I was leery of transferring things after the big losses and further delayed getting into L 2030. Obviously, the C fund was amazing in 2013 but January 2014 has been way down. So how do I know the right time to transfer the whole thing to an L fund? Is that the right thing? I will probably retire by 2035. If it's relevant, my wife is in TSP too, with everything in L2040. TSP accounts are our only substantive investments and as you may have guessed, I doubt I have the savvy to custom-manage a portfolio.
Thanks in advance!