zinger1457
Thinks s/he gets paid by the post
- Joined
- Jul 22, 2007
- Messages
- 3,229
The thing is with the newer retirement system, (FERS, of which I am), a person needs to be savvy on money, markets and how to handle their money. CSRS...you don't need to. With FERS, you need to watch what the markets are doing and managing your investments.
With FERS you do have to be disciplined and make the necessary contributions to TSP but I don't think you really need to be all that market savvy. Unless you're real close to retirement just set up automatic deposits into a L fund of choice and let it be. Trying to maneuver your funds around to account for changes in the market will be a losing cause for most investors.
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