Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 10-30-2010, 03:22 AM   #21
Recycles dryer sheets
keegs's Avatar
Join Date: Oct 2010
Location: In a van down by the river
Posts: 407
Originally Posted by stoutboy View Post
Thanks! I think that 65 rating is too low. It dings TSP for a low participation rate, but I believe participation in TSP is mandatory--every fed employee gets at least 1 percent fed match, and the gov is now auto-enrolling all new hires.

If the TSP does have a weakness, it is that it does not have an emerging markets index.

One surprise--not just for TSP, but for numerous other plans I looked at, are the low average account balances.
Ours was in the mid-sixties last year as I remember it. This year we're @71. The participation has improved over that time apparently.

The low participation rates and average 401k balances we hear about in the news would seem to support Texas Proud's argument regarding choice in this thread: The Ben Stein Pass/Fail Test however (and not to beat a dead horse) there are a plethora of circumstances beyond simple choice that can and do put a retirement savings agenda out of reach for many.

I absolutely think the default enrollment would help though.

keegs 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!


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
Can You Catch Alzheimer's? Maybe so... SarahW Health and Early Retirement 4 10-26-2009 11:35 AM
Medicare Catch 22 SteveL Health and Early Retirement 30 12-19-2008 05:10 PM
Retirement: A search for self-worth REWahoo Other topics 39 08-30-2007 10:11 AM
How do you catch the Dips modhatter FIRE and Money 16 10-25-2006 02:23 PM
Catch 22 Should Be My Name Lovely Rita FIRECalc support 1 10-17-2006 09:17 PM


All times are GMT -6. The time now is 03:23 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.