Soon2Retires Account Talk

[soon2retire]

I'd like to introduce myself, I've been a TSPtalk member since 2013 and have followed several of the posters on here and have had success in my TSP IFT's. So thanks for everyone's input on this site. I haven't posted much and I'm still a Newbie. I do enjoy reading and following post on this site which has helped me boost earnings this year:laugh: Currently 100% S

 

[Frixxxx]

Welcome S2R, Thanks for stepping outta the shadows.

How soon is it before you retire?

Let us know what has worked for you with your investing strategy.

Frixxxx

 

[soon2retire]

I'm retirement eligible in June with 26 years total service USMC 6/BOP 20 but could still work for another 6 years before being reaching mandatory retirement age. I just try to time the market by what is going on in the world and not try to time the market for the top or bottom. If I can get a 1 to 3% swing I'll lock it in and wait. Not a great chart reader but follow some of the threads on here with their breakdown of the charts. I follow the Bollinger Bands, MACD, and Moving Averages, trying to learn more on how to read charts correctly to make better decisions. I do own a few stocks and have a trading account that I mess with some. In April I started my own Heat and Air Co. which has been successful in its first year. Trying to decide if I should stay working for 4 more years (age 55) to pick up another $700/mo in retirement which would be about a 30% increase on my pension/supplemental SS. I don't plan on touching my TSP until after 55 or later to keep from paying a penalty.

 

[tsptalk]

Welcome soon2retire! Thanks for jumping into the forum! Good luck!

 

[nnuut]

Retirement is GOOD, but you must be certain that you can live at the same level as before you retired. I worked until I was within 3 months of being 65, got 14% more than if I had retired at 58 I did that to pay off my mortgage and cars and credit cards, retired with no debt it worked for me.

 

[bmneveu]

Trying to decide if I should stay working for 4 more years (age 55) to pick up another $700/mo in retirement which would be about a 30% increase on my pension/supplemental SS.

I'm sure it's tough to voluntarily add on 4 more years when you're so close, but that sounds like a heck of a deal!