I am 67 years old and retiring next month. I previously retired for the federal government; however, I have not yet begun withdrawing from my Thrift Savings Plan (TSP).
My federal retirement consists of my federal pension, Social Security, and TSP. I also have three Vanguard IRA’s. My assets total $880,000 (TSP, 73.9%; Vanguard Long Term Bond, 7.5%; Wellesley Admiral, 9.2%; and REIT Index Admiral, 9.4%).
I am considering three options: (1) leave my assets where they are; (2) move everything, including transferring the IRA’s, to the L-Income fund; or (3) keep the IRA’s where they are and move my L-2020 into the L-Income fund, which is designed for those currently in retirement. I am sure there are many other options; however, my investments have done well over the years and I prefer a conservative approach.
My federal retirement consists of my federal pension, Social Security, and TSP. I also have three Vanguard IRA’s. My assets total $880,000 (TSP, 73.9%; Vanguard Long Term Bond, 7.5%; Wellesley Admiral, 9.2%; and REIT Index Admiral, 9.4%).
I am considering three options: (1) leave my assets where they are; (2) move everything, including transferring the IRA’s, to the L-Income fund; or (3) keep the IRA’s where they are and move my L-2020 into the L-Income fund, which is designed for those currently in retirement. I am sure there are many other options; however, my investments have done well over the years and I prefer a conservative approach.