The best parts of Thrift Savings Plan are, in my opinion, how you save on the cost of investing as you invest in (and withdraw from) L Income Fund and G Fund. In other words, TSP’s design and features are ideal for retired folks.
There is a need for you to become more cautious when assessing your tolerance of risk, that the loss of value you experienced in the past was covered up somewhat by contributions made by you and your agency. These contributions accelerated the time it took to recover the balance you had lost, which is an investing advantage that you no longer have. It sounds obvious now that I’ve mentioned it, yet you may have not of that until now.
This eBook explains how to use TSP during your retirement and how to think through your withdrawals and your investments. You’ll recognize that learning how to secure your income and your savings in retirement is a process that’s peculiar to you. There’s little to no sense in asking a fellow investor what they’re doing because they aren’t you. Nor are you like any professional you may work. So, put some time into figuring what you need from your money and how you tend to respond to the ups and downs of the markets. You won’t regret it.