Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Does the Government's Retirement Plan Measure Up?
Old 08-17-2010, 06:12 AM   #1
gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,855
Does the Government's Retirement Plan Measure Up?

Does the Government's Retirement Plan Measure Up?

For those that have TSP (I don't). Just to pass on for your info...

rescueme is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-17-2010, 10:07 AM   #2
Thinks s/he gets paid by the post
Join Date: Feb 2008
Location: Indialantic FL
Posts: 1,113
Thanks. From what I can see of some 401k plan options, many private sector employees would love to have the TSP investment options.

"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton
jimnjana is offline   Reply With Quote
Old 08-17-2010, 12:31 PM   #3
Thinks s/he gets paid by the post
Bimmerbill's Avatar
Join Date: Jan 2006
Posts: 1,628
TSP is a great plan with super low expenses. Some gripe that the TSP board restricted the number of trades so they can't day trade. I don't think that restriction affected the majority of TSP users tho.

I can't wait for them to implement the ROTH program there.
Bimmerbill is offline   Reply With Quote
Old 08-17-2010, 12:40 PM   #4
ziggy29's Avatar
Join Date: Oct 2005
Location: Texas
Posts: 15,419
It seems to me that TSP is enough for most people, and for more advanced asset allocators who want to slice and dice more with asset classes "off the beaten path" they could always put those into a Roth IRA.
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
ziggy29 is offline   Reply With Quote
Old 08-17-2010, 12:46 PM   #5
W2R's Avatar
Join Date: Jan 2007
Location: New Orleans
Posts: 34,818
I'm happy with the TSP, both during accumulation phase and now during decumulation phase.

I decided to withdraw via the "equal monthly payments" option. I can change the dollar amount of the payments once a year. When life circumstances change, such as when one claims SS, the monthly withdrawal amount can be changed as desired.

My TSP is in "G Fund", a government bond fund which is guaranteed never to lose share price value. My equity index funds are all in my taxable accounts. To me, my monthly withdrawals from the TSP seem like the next best thing to having a second pension.

Access to the TSP and G Fund is part of the agreed-upon benefits of federal employment, and those who would like this benefit enough to take the bad with the good can look through the many federal jobs available at USAJOBS - The Federal Government's Official Jobs Site ). It doesn't take long to get vested in the TSP (maybe 3 years? I have forgotten and I am hazy on all these details that don't apply to me), and if my recollection is correct you can roll over other 401K's to the TSP. Details and publications with the real information are available at
"You can never cross the ocean until you have the courage to lose sight of the shore." - - - C. Columbus
W2R is offline   Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Safe car part of health plan and/or retirement plan Buckeye Health and Early Retirement 21 07-10-2016 02:58 PM
What assset class categories do you measure ? Delawaredave5 FIRE and Money 14 05-04-2008 09:04 AM
My Early Retirement and The Government's Role Danny FIRE and Money 84 11-12-2007 09:36 PM
State of Spam Demonstrates Government's Incompetence TromboneAl Other topics 49 01-23-2007 12:44 PM
One Measure of US Economic Failure haha FIRE and Money 99 09-01-2006 01:27 PM


All times are GMT -6. The time now is 05:18 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.