Ask USAA: What should I do with my TSP when I retire?
Whether it's a Thrift Savings Plan or other type of retirement plan, most people are going to select from one of four alternatives. Scott Halliwell tells you about these options.
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www.FreebooktoSucceed.com How to Plan for your Retirement – Planning your retirement – .2 Million needed in Savings. Planning for my retirement wasn't in the plan however, after a friend explained that I would need to start saving today and make sure I had .2 Million dollars in my savings by the time I was 65 scared me… I didn't realize at the time that Planning for my Retirement would actually allow me Early Retirement. A friend of mine shared a Free Report with me that changed my life and allowed me to retire in less than 5 years at full pay for the rest of my life. This report gave me step by step what I needed to do, so I started and didnt look back. If you go to http then you can get that FREE report that my friend shared with me. To your success, Marcello Lisi
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@shiftomnimega Thanks for the comment! The TSP funds do indeed have very low expense ratios relative to other alternatives. My reason for not specifically mentioning this point was to keep the pros and cons I outlined applicable to a broader swath of company retirement plans than just the TSP. Even so, the TSP's low costs are yet another reason why some former participants will leave their money in the plan as opposed to rolling it over. Thanks again for commenting! -Scott
The funds available in TSP offer the best expense ratio for like funds. If you plan to leave your retirement funds in autopilot anyway it makes most sense to keep your funds in TSP.
you gotta rob the local liquor store… repeatedly.
then you can retire on 1.2 million.
that is if you don't get shot during the robbery. that would complicate things somewhat.
What happens if you live past age 85, where's the money then and what do you do?
You've got me thinking "quickly" to get the ball rolling to plan for my retirement. Thanks for the info Marcello.
Jayne Cambra