I see way too many people in the Thrift Savings Plan making this mistake. Don’t be like them. Please.
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Please answer me this I am a tsp contributor so these 3 scenarios at $55,000 a year what fund are they all invested in we know it's a lot of different funds to invest what is the percentage out of 100% your example are they only in S -fund & C-fund because there is G,F,C,I,L fund which one to get your magic number so if 30yrs vesting 5% is 1millon then only 15yra should be 500k again what fund and percentage is going to what fund letter hope to here from anyone back if they know it 2022 now tho
I am a late bloomer and cannot get to the website you're advertising. Are you still active?
Going to my second year and I started with 30% as I ranked up I increase the percentage to 35% having a family but still manage it so yes it’s a good investment
I've been putting in well over 10% for 21 years. I don't have anywhere near a million. C and S fund too.
5% is still the wrong choice
#garagegymreviews
Thanks!
I’ve been doing 15% since I joined the army back in 2010. Hopefully it’s gonna work out when I get out with the TSP.
I've done 10% of all Army pay and allowances into the Roth TSP since early 2017. I only plan on staying in about 5 more years at most. 10 years in and getting out at 40 isn't bad (50% retirement). Considering I also invest in real estate. I'm a single Soldier receiving full BAH/BAS and etc. So I basically pocket a lot of money and invest it around different markets. I live on less means than my basic pay. Never get married while in the military. If you're a guy, have a kid before the military, then get overnight custody and visitation in a court order. Then you'll receive full BAH and more. Invest that money into markets while living the kush single life of enjoying your offspring and career with no marriage hassles. All the while making it way more extremely likely of being a millionaire BEFORE retirement. Just make sure to keep good spending habits and live below your means.
Coop!!! How did I not know you have this channel? I've been watching garage gym reviews for what feels like years! Got so excited when I searched TSP and saw you pop up in the results!
What happens to your TSP when you get out of the military and you cant find a job right away?
Retired with a 7 figure portfolio and received about $53k in dividends. I have been in the stock market for 20years. Am I worried? Am I selling?
Absolutely not. I have purchased growth too a little time over the past few weeks. I am going to sit back and observe how all this plays out, adding more at a time. My investment strategy actually calms me down. Eyez on the price, stay on the course!
I normally owe about $5000 on my taxes at the end of the year. If I put 25% away in the TSP will this lower what I owe on taxes enough to eliminate that $5000 or will it make little difference ?
C&S – 15% minimum when market is strong, when the market turns red, bump it up depending on how bad it is… I’ve done 20% to 30% when it was really bad (on sale) when it comes around, I bring it back down, eventually back to 15%… the trick is to contribute more when everything is on sale.
5 percent is the default for the DOD
I’m investing 15% but I know there’s more option how aggressive in the investments I’m trying to learn more about it. I have been investing in to my TSP for about 4 years
YO WTF Coop does Garage Gym AND financial advice content?! I hit the back button twice because I kept thinking I hit a GGR video by accident while looking for TSP videos and now I am far from disappointed.
Sorry, I’ve maxed my tsp for the past 17 years. No mistake here.
what about 25% for 15 years in the C and S fund?
Are you still making videos on this channel or did you drop it and go all in on Garage Gym Reviews after it blew up in 2020?
hey guys what's the max u can contribute, and is it smart for me to contribute the max when I join( I have no major expenses and don't plan on it)
Is he speaking of g fund ?