imported post
Hello,
I am currently in the military, and I plan on being in another 19 to 20 years minimum with another 20 years after that before I really retire.
I'm trying to review my options for creating a nest egg that will have the best effect.
I enrolled in the TSP with this current open season, but now I'm starting to wonder if there aren't better options available. From the sounds of it, a Roth IRA is a much better investment then the TSP unless you receive matched contributions from your employer, which I don't.
I currently have a small amount of debt, but that will disappear in about 6-8 months. After that I want to have about a three month emergency fund that is easily accessible. From that point I want the rest of my money, to include annual bonus payments for the next four years, to go towards home equity and a well thought out retirement nest egg.
I'm pretty ignorant right now about what my options are and how the investment world works. Any help would be appreciated.
Hello,
I am currently in the military, and I plan on being in another 19 to 20 years minimum with another 20 years after that before I really retire.
I'm trying to review my options for creating a nest egg that will have the best effect.
I enrolled in the TSP with this current open season, but now I'm starting to wonder if there aren't better options available. From the sounds of it, a Roth IRA is a much better investment then the TSP unless you receive matched contributions from your employer, which I don't.
I currently have a small amount of debt, but that will disappear in about 6-8 months. After that I want to have about a three month emergency fund that is easily accessible. From that point I want the rest of my money, to include annual bonus payments for the next four years, to go towards home equity and a well thought out retirement nest egg.
I'm pretty ignorant right now about what my options are and how the investment world works. Any help would be appreciated.