uscfanhawaii's account talk

[pmaloney]

February of what year? LOL. Congrats! :laugh:

 

[uscfanhawaii]

Is your paycheck being taxed enough? Check the new IRS calculator - Feb. 28, 2018

I am NOT attempting to start another political rant, so if it becomes that, I will have Tom delete the posts.

But it is VERY important that you check your 2018 Tax Witholding. For me, I dropped from the 25% to the 22% bracket. So my witholding dropped 3%.
But once I checked the other aspects of the new Tax Law (like reductions in deductions), I find that I pretty much break even. May even go up a little.

I am submitting my new W-4 today!

Don't Delay!! :notrust:

 

[Scout333]

Good suggestion! I try to check taxes quarterly. Sure don't want big surprises at the end of the year!

 

[nasa1974]

Is your paycheck being taxed enough? Check the new IRS calculator - Feb. 28, 2018

I am NOT attempting to start another political rant, so if it becomes that, I will have Tom delete the posts.

But it is VERY important that you check your 2018 Tax Witholding. For me, I dropped from the 25% to the 22% bracket. So my witholding dropped 3%.
But once I checked the other aspects of the new Tax Law (like reductions in deductions), I find that I pretty much break even. May even go up a little.

I am submitting my new W-4 today!

Don't Delay!! :notrust:

I'll have to wait. We are changing contracts and the new one starts the middle of this month.

 

[uscfanhawaii]

A very interesting March shaping up on the AT.
The top 11 this month have all gone to G fund, leaving the door wide open for the hundreds of S Fund buy-and-holders sitting just a couple points below them!
I LOVE watching this drama unfold.

Would be even more interesting if I was in that hunt.... :cool2:

 

[uscfanhawaii]

A very interesting March shaping up on the AT.
The top 11 this month have all gone to G fund, leaving the door wide open for the hundreds of S Fund buy-and-holders sitting just a couple points below them!
I LOVE watching this drama unfold.

Would be even more interesting if I was in that hunt.... :cool2:

And as if on cue.....110 S-Fund Buy-and-Holders have now moved into a tie for 5th place in March!

Is 2018 going to be another Buy-and-Holder year like 2017 ?!? :nuts:

 

[Whipsaw]

Looks like the G-Funders are going to get a big boost on the AT today. :cheesy:

 

[uscfanhawaii]

Looks like the G-Funders are going to get a big boost on the AT today. :cheesy:

Yeah, talk about 'whipsaw'!

The big boys moving to G was genius! What a difference a day makes!

Now...will it whipsaw BACK the other way? Hmmmm? :dunno:

 

[Whipsaw]

Did somebody say Whipsaw?

Would be great to time an entry and catch a good run up... I'm 74 in the AT, haven't been up that high in looong time, risk of hypoxia! :1244:

 

[uscfanhawaii]

Wow....2018 is really shaping up to be a jeckle and hyde year for stocks!
I was UP about 6% in Jan (peaking as did the market, on Jan 26), but more recently am DOWN over 2%.
And it's only end of March! (Note to self....Beware the Ides of March....for next year.)

And all those co-workers that I have chastised over the years for leaving everything in the G Fund.......well, guess what, the G Fund buy and holders are the only ones (buy and holders that is) with a positive return so far in 2018!!

Go figure!!

So with me planning on retiring end of 2018, any retirees out there with good suggestions on how to approach TSP investment during the 'withdrawal years'??

uttahere: :ugh:

 

[nasa1974]

So with me planning on retiring end of 2018, any retirees out there with good suggestions on how to approach TSP investment during the 'withdrawal years'??

uttahere: :ugh:

What are you planning on doing with your TSP after retirement?

When I retired in May 2012 I wasn't planning on touching my account until I turned 70 so I have stayed aggressive. It is really hurting me so far this year. :embarrest:

This is what my TSP has done since I retired.
2012 15.09%
2013 37.08%
2014 7.58%
2015 -2.17%
2016 15.46%
2017 18.40%
2018 -2.83% so far

Only you can honestly decide how much risk you want to take. Good luck.

 

[Whipsaw]

You may want to step aside until the 'Dance of the Elephants' is over.

 

[PessOptimist]

I was originally planning to retire at the end of 2017 so at the end of 2016 I moved it all to G. I left my payroll allocation all C. I just let it ride so I missed a lot of 2017 gains. Plans changed to retiring at the end of June 18 and again to the end of 2018.

The way I figured it was to look at take home now which includes max TSP contribution v what I would have coming in after retirement from FERS, SS and wife's SS. The shortfall was divided in to the TSP balance and that is what the planned monthly withdrawals was based on. Then I looked at the months TSP would last and decided on what to keep in G and what to invest in stock funds. You have to look at age and life expectancy of course.

I realize SS may not apply to you. This is not really any advice, only how I figured it. I am currently about 87% G and 13% C. C might be lower % since I haven't looked this week. I will get that bad news Saturday when I update the spread sheets.

Good luck with the retirement plans.

PO

 

[Scout333]

What are you planning on doing with your TSP after retirement?

When I retired in May 2012 I wasn't planning on touching my account until I turned 70 so I have stayed aggressive. It is really hurting me so far this year. :embarrest:

This is what my TSP has done since I retired.
2012 15.09%
2013 37.08%
2014 7.58%
2015 -2.17%
2016 15.46%
2017 18.40%
2018 -2.83% so far

Only you can honestly decide how much risk you want to take. Good luck.

12.66% average I'd take it!

 

[weatherweenie]

Exactly. That's a GREAT return, especially if you are retired.

12.66% average I'd take it!

 

[uscfanhawaii]

Well, as I have already said, I am planning on retiring the end of this year (2018) after 36 years of service. (Yay!)

So I have been very interested in the new TSP rules that were approved late 2017. Haven't been hearing much from the FRTIB and TSP. But govexec.com just reported the (meager) progress.

See https://www.govexec.com/pay-benefit...sp-withdrawal-update/147940/?oref=recentposts for an update from retirement specialist Tammy Flanagan. Looks like they are not going to come out with anything before Nov of 2019.

 

[Tsunami]

Well, as I have already said, I am planning on retiring the end of this year (2018) after 36 years of service. (Yay!)

So I have been very interested in the new TSP rules that were approved late 2017. Haven't been hearing much from the FRTIB and TSP. But govexec.com just reported the (meager) progress.

See https://www.govexec.com/pay-benefit...sp-withdrawal-update/147940/?oref=recentposts for an update from retirement specialist Tammy Flanagan. Looks like they are not going to come out with anything before Nov of 2019.

Is it ever any different in the government? Give a government employee or contractor a deadline and they'll work to that deadline.

I'm in the same boat as you, retiring this coming December (with 35 years) either on 12/22 or 12/31, then I'm planning to get through 2019 without touching my TSP (so lucky me that Nov. 2019 deadline works out in my case, and I'm planning to stick with the TSP thanks to these changes that allow changing the monthly withdrawals as you please) while we sell our home and relocate to Florida...renting first before committing to buy there.,..most likely in the Space Coast area.

 

[nasa1974]

Well, as I have already said, I am planning on retiring the end of this year (2018) after 36 years of service. (Yay!)

So I have been very interested in the new TSP rules that were approved late 2017. Haven't been hearing much from the FRTIB and TSP. But govexec.com just reported the (meager) progress.

See https://www.govexec.com/pay-benefit...sp-withdrawal-update/147940/?oref=recentposts for an update from retirement specialist Tammy Flanagan. Looks like they are not going to come out with anything before Nov of 2019.

Well lets hope OPM doesn't mess with our pension. Retired in 2012, 38 years at NASA and almost 4 years USAF (42 total). Then failed retirement in 2014. Made me an offer to good to pass up. :laugh: I've stayed in TSP but haven't decided what to do after I retire for good. No later than 2020 but thinking maybe 2019. uscf good luck

 

[nasa1974]

Is it ever any different in the government? Give a government employee or contractor a deadline and they'll work to that deadline.

I'm in the same boat as you, retiring this coming December (with 35 years) either on 12/22 or 12/31, then I'm planning to get through 2019 without touching my TSP (so lucky me that Nov. 2019 deadline works out in my case, and I'm planning to stick with the TSP thanks to these changes that allow changing the monthly withdrawals as you please) while we sell our home and relocate to Florida...renting first before committing to buy there.,..most likely in the Space Coast area.

Tsunami, Good luck. Even though I failed retirement, it is great.

 

[weatherweenie]

... then I'm planning to get through 2019 without touching my TSP (so lucky me that Nov. 2019 deadline works out in my case, and I'm planning to stick with the TSP thanks to these changes that allow changing the monthly withdrawals as you please) while we sell our home and relocate to Florida...renting first before committing to buy there.,..most likely in the Space Coast area.

My dad retired to Melbourne, Florida about six years ago. Aside from a couple of brushes with hurricanes, he likes it.