How long will you live?

[Cheshire Figment]

That's true - although it is tempting to leave more in the other funds and watch those dollars add up quickly. But lately they've been going down even more quickly.

In late 1999 I made a correct decision for the wrong reason. I thought the stock market was going to tank because of the effects of Y2K on corporations, so we moved all our money into G. And I was lazy about moving it back, and then the tech bubble burst.

Right now I think I'm at 65% G, 35% I. (Not that I'm worried about Balance of Trade or the decline of the dollar, but...)

[GRUMPY PIRATE]

In late 1999 I made a correct decision for the wrong reason. I thought the stock market was going to tank because of the effects of Y2K on corporations, so we moved all our money into G. And I was lazy about moving it back, and then the tech bubble burst.

Right now I think I'm at 65% G, 35% I. (Not that I'm worried about Balance of Trade or the decline of the dollar, but...)

Good for you, I started moving everything into "G" about 18 months ago, (anticipation of retirement!) and it seems to be going o.k., the funny thing is, I don't need to draw on it yet!! so If I retire, I'll let it set for a while!!

[Whazzup]

I'm still allocated all over the board: G-25%, F-5%, C-20%, S-15%, I-35%
and I'm retired! I did move more funds into G, and I do need to change allocation amounts. Might as well get out of F Fund altogether, I guess. Anybody familiar with the TSP want to offer me any other investment advice? Do you really think we should put everything in G Fund?
I haven't had to dig into my funds yet, and hopefully won't have to for quite awhile. I'm in CSRS so I don't have the huge amounts you FERS people probably do.

[GRUMPY PIRATE]

I'm still allocated all over the board: G-25%, F-5%, C-20%, S-15%, I-35%
and I'm retired! I did move more funds into G, and I do need to change allocation amounts. Might as well get out of F Fund altogether, I guess. Anybody familiar with the TSP want to offer me any other investment advice? Do you really think we should put everything in G Fund?
I haven't had to dig into my funds yet, and hopefully won't have to for quite awhile. I'm in CSRS so I don't have the huge amounts you FERS people probably do.

If you can risk it, do what ya want too! The only thing about "G" fund is that it is safe, its guaranteed by the government, you can never loose money, of course it has a much lower interest rate. the bad thing about the other funds is that you CAN loose money if the fund value goes down, not a good thing!

[vixen101485]

BOred person that I am today. I decided to take the test. Not too bad. I will live to 80. LOL it says I will add 1/2 a year by living near a family member (obviously that test has never met my mother)

[GRUMPY PIRATE]

BOred person that I am today. I decided to take the test. Not too bad. I will live to 80. LOL it says I will add 1/2 a year by living near a family member (obviously that test has never met my mother)

Well maybe you could count a DH or DD or DS? right there you could gain a year and a half!!!

[hobie16]

If you have control of your funds and can move them around freely consider muni bonds. They currently pay five to six percent depending on issuer. The rate of return may seem low but here's the kicker. There is no federal tax on the interest and, if you live in the state that the bond was issued in, there is no state tax either.

Mine are managed by Nuveen in Chicago. They do charge a management fee. They will move money in and out of bonds to both achieve good returns and reduce tax consequences from capital appreciation. Because they buy in large quantities from issuers, the price of the bonds is discounted from par.

JMHO

[GRUMPY PIRATE]

If you have control of your funds and can move them around freely consider muni bonds. They currently pay five to six percent depending on issuer. The rate of return may seem low but here's the kicker. There is no federal tax on the interest and, if you live in the state that the bond was issued in, there is no state tax either.

Mine are managed by Nuveen in Chicago. They do charge a management fee. They will move money in and out of bonds to both achieve good returns and reduce tax consequences from capital appreciation. Because they buy in large quantities from issuers, the price of the bonds is discounted from par.

JMHO

I think the only option to do that, would be to completely withdraw the fund lump sum, and "roll" it into a non-government fund to invest. You could avoid the taxes if you put it back into a retirement investment fund. The problem with the government TSP fund is that it is pre-tax money, so as soon as you draw it, the tax man starts drooling if it goes into a regular account!

[LittleDollClaudia]

My result was 82 years. Hmm, do I really want to be around that long??

[GRUMPY PIRATE]

My result was 82 years. Hmm, do I really want to be around that long??

Well, the closer you get to it, the less that it will seem "old" (and by that time, it could be considered "middle-aged")