Posted on Sep 10, 2016
What is the most beneficial "fund" of the TSP, saying I stay in for 20?
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I am new to the whole system and inside of my packet was a sheet indicating several different funds and recommended percentages for each based on when you will need the retirement funding back. Has anyone been successful using anything other than the "G Fund"? Being a new TSP contributor, I want to ensure that I am doing everything I can to prepare myself for financial security in the future.
Edited >1 y ago
Posted >1 y ago
Responses: 7
I always tell new guys before you do anything find out what your risk factor is and go from there. G fund is the safest then the F, then you have most risk in the C,S and I. I would not recommend the life style ones as you don;t control your $$. Baby steps- and ensure you are getting your self paid first as much as you can sock away. Read and educate yourself.
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SGT(P) (Join to see)
Thank you sir. I have been reading up on them and I am currently just holding it all back into the G fund until I determine the best route to take.
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Maj Marty Hogan
SGT(P) (Join to see) - If you ever need anything- not a financial advisory, but have been in the TSP since 1988. I tended to be much more aggressive early in my 20s and 30s and now that I am in my 50s I have hedged about 40% into the G. My focus now is utilizing my catchup to build Roth wealth in the next few years. Just drop me a message and will see how I can help.
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MSgt John McGowan
PFC. It also depends on the type person you are. The most aggressive plan is usually the most likely to loose money but can also make more money. Now I am the type person who doesn't like to gamble when it comes to investments. So I go with the most safe. But that's me, others may go wide open. It's what you can live with.
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