Thrift Savings Plan: (Two Misconceptions) Redefine Your Retirement

by Retirement Advisor | Nov 12, 2022 | Thrift Savings Plan

You ever thought about how your old ass is going to survive when you’re 75? Do you want to be a little bit taller? Do you want to be a baller? Do you want to have a girl who looks good? You could call her. Do you wish you had a rabbit in a hat with a bat and a Six Four Impala? Well you’re not gunna get there unless you start planning early.

In this video we do a number breakdown to show just how powerful the TSP is, why you should be investing early on, and why it’s not the pot at the end of the rainbow like so many people think it is.

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—-5 TSP Funds (technically 6 with the L Fund, but F that)—-

G & F: Bonds – Low return but you’re getting a same investment. Straight to the point though.. it’s not worth it. Not unless you’re over 50-55

C, S, & I: Stocks – You’re going to make much more money with this and it is going to scale much faster. It’s slightly riskier, but these funds have averaged high numbers for a while. If you’re under 50, we seriously recommend investing solely in these. If you’re less than 30.. honestly you’re just missing out on money for nothing.

We’re not saying to put $1000 a month into the TSP. For one, we think that’s pretty unreasonable, and two, we think it’s actually better to take some of that money and invest it into some other things. Yes you can become a tsp millionaire, but we’re talking about how your can make a million dollars in the next 5-10 years. NOT at retirement. But your should contribute at least 5% to get that 5% free money from the DoD.

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Welcome to Liberty For The Brave! The FIRST uncensored veteran YouTube page (yeah..challenge us) to show Active Duty Military & Military Veterans the very best ways to take advantage of their military benefits with real ACTIONABLE STEPS, while providing high quality and entertaining videos to remind you about the insane and funny shit that happens in the military.

You can get a lot out of your time in the military if you just take a little time to learn and apply your unique skills towards investing, personal growth, and networking.

What we’re about:

1) Discuss the best benefits overlooked by military veterans that you can start using now.

2) Detailed, actionable steps & personal experiences to show how these benefits & opportunities have actually worked for us and what they can do for you with minimal effort.

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5) To remind you of all the crazy times, from what was probably both the best & worst time in your life. Cause deep down…we know you miss something.

*Disclaimer* We like America. We like the military (even though we had a pretty shitty time). But we don’t represent the military; we represent people who were in the military. People in the military are rough & unfiltered. We wanted to make a group that was an extension of that and your life in the military. We don’t shit on the military. **This group is not for kids**

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