TSP

[DC2Scott]

I'm new to federal law enforcement and FERS. With twenty plus years until retirement, is it not wise to put 100% of my TSP in the S fund and let it ride for the next ten years, being that S fund has the largest gains? I'm putting 10% into TSP. Any advice would be appreciated. Thank you.

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[dhstdog]

I'm new to federal law enforcement and FERS. With twenty plus years until retirement, is it not wise to put 100% of my TSP in the S fund and let it ride for the next ten years, being that S fund has the largest gains? I'm putting 10% into TSP. Any advice would be appreciated. Thank you.

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Welcome brother! As long as your investing the max you are ahead of the game. S fund is a great place to start while reading, learning and researching. As a new Fed your gonna need around 600k+ to retire at 50 in my opinion. On a side note join FLEOA and protect your savings. Peace ��

 

[pmaloney]

Sounds like your on the right track. Lot's to learn and read here and good to be aggressively invested with so long to go except for major downturns.

Best of Luck! :smile:

 

[DC2Scott]

Welcome brother! As long as your investing the max you are ahead of the game. S fund is a great place to start while reading, learning and researching. As a new Fed your gonna need around 600k+ to retire at 50 in my opinion. On a side note join FLEOA and protect your savings. Peace

Thanks for the advice. I'll look into FLEOA.

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[nasa1974]

I'm new to federal law enforcement and FERS. With twenty plus years until retirement, is it not wise to put 100% of my TSP in the S fund and let it ride for the next ten years, being that S fund has the largest gains? I'm putting 10% into TSP. Any advice would be appreciated. Thank you.

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DC2Scott,

Welcome to TSPTalk.

Great question. Just remember folks will make suggestions but shouldn't tell you what to do. Being 100% S fund is aggressive and if you are comfortable with that great. Think of your TSP account as a marathon not a sprint. The market will have its peaks and valleys and over twenty years will make up the low points. You could look at the L2020 fund and let that help build up your TSP as you get comfortable and more familiar with how you can handle your account. Right now the "I" fund is doing pretty good and talk back in 2016 was the "I" fund was due for a breakout. I know it's a lot to think about. Remember also, you only have 2 IFT's (Inter Fund Transfers) per month between funds.

If you go to my members account I posted what the funds have looked like in February since 1988. Keep asking questions. Lots of folks around here to help answer any questions.

Good Luck.

nasa1974

 

[DC2Scott]

DC2Scott,

Welcome to TSPTalk.

Great question. Just remember folks will make suggestions but shouldn't tell you what to do. Being 100% S fund is aggressive and if you are comfortable with that great. Think of your TSP account as a marathon not a sprint. The market will have its peaks and valleys and over twenty years will make up the low points. You could look at the L2020 fund and let that help build up your TSP as you get comfortable and more familiar with how you can handle your account. Right now the "I" fund is doing pretty good and talk back in 2016 was the "I" fund was due for a breakout. I know it's a lot to think about. Remember also, you only have 2 IFT's (Inter Fund Transfers) per month between funds.

If you go to my members account I posted what the funds have looked like in February since 1988. Keep asking questions. Lots of folks around here to help answer any questions.

Good Luck.

nasa1974

Awesome advice. Being that the Dow is so high right now, would it be smart to delay such a shift towards the S fund until it drops off? Thanks for the knowledge.

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[nasa1974]

Awesome advice. Being that the Dow is so high right now, would it be smart to delay such a shift towards the S fund until it drops off? Thanks for the knowledge.

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Again that would be your call. Right now at $42/share the "S" fund will give you less bang for your buck. However, over the last couple of years the "S" fund has had a high rate of return. You could look at splitting your dollars between the "C, S & I" funds. Go to the AutoTracker and look how others have set up there accounts; TSP Talk AutoTracker

Also set up your own members account talk; http://www.tsptalk.com/mb/members-account-talk/ click on "Post New Thread". Read the AutoTracker Rules also.

 

[DC2Scott]

Again that would be your call. Right now at $42/share the "S" fund will give you less bang for your buck. However, over the last couple of years the "S" fund has had a high rate of return. You could look at splitting your dollars between the "C, S & I" funds. Go to the AutoTracker and look how others have set up there accounts; TSP Talk AutoTracker

Also set up your own members account talk; http://www.tsptalk.com/mb/members-account-talk/ click on "Post New Thread". Read the AutoTracker Rules also.

Thanks. I really appreciate your time!

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[RazorCat]

You found the right place to help grow your TSP over the next 20 years.
Explore the premium services on here. Pick one that fits your needs, and style of investing. They can help you take a great deal of guesswork out of the process. You seem like a smart young man who's already on the right track.
I retired from from Fed LE (DOJ/BOP). Never had any regrets. Tough job, but very rewarding.
Good luck in the future.
Watch your "6".

 

[evilanne]

There are many different approaches you can take. Some people buy & hold or dollar cost average using one or several funds, some trade based on charts (but remember that you only have 2 IFTs per month), other invest based on seasonal patterns. TSP has started putting people in the L Funds that are targeted to your retirement date that decrease risk as you get closer to retirement. Over the long term, you will probably want to invest more in stocks. The C Fund is the top 500 US Large Cap companies while the S Fund is the remainder of the the US traded companies. Some people will split 50/50 to reflect the total market. Recommend you look around and read as much as you can about investing. Your risk tolerance, or lack thereof, will influence your approach. Good luck, you are on the right path

 

[DC2Scott]

Thanks for the advice. Lots to learn going forward.

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