Texarkandy
Thinks s/he gets paid by the post
- Joined
- Feb 12, 2008
- Messages
- 1,281
I am looking forward to retiring at the end of '09 at 49 years old from the Fed Govt (fingers-crossed, knock-on-wood) & have quite a few $ ([-]000[/-]K) in the low cost Thrift Savings Plan G-fund. (earns based on a mix of short, med, & long term US Treauries)
My ER plan is such that I don't plan on needing these $ from the TSP till at least 59.5 - & possibly later (although there are some penalty free withdrawal options before then.)
I was in the "C" fund (S&P 500 index) for many years & managed to accumulate a decent little nest-egg. Overall it's been pretty good to me & I was fortunate (nervous?) enough to shift 100% of my monies into the "G" Fund in Apr '07. The TSP is very low cost.
My issue is: despite my years in the S&P 500 Index I have become very risk averse now that the ER date is looming. I will be satisfied just to maintain what I have in TSP at this point & match inflation & hopefully beat it by a couple points in some years. This is my ER plan's long-term security money - ER'ing at 50 means we have a loooong time to be retired.
(What really scares me is hyperinflation at some point in the future and I find it hard to see the G-Fund even keeping pace with regular inflation the next few years the way things have been going.)
The thought occurred to me recently to roll it all out of TSP when I retire into several IRA's consisting of TIPS - at least there the govt is assuring me an inflation match (per the CPI?).
What say the members of the board? Opinions?
* Will I beat inflation in the low-cost safe TSP G Fund over ten years?
* Would my monies be better off out of TSP & rolled into an IRA consisting of TIPS - to suit my objectives and risk tolerance
* Should I stop being a nervous-nellie & reestablish an AA in the TSP that includes indexed equities while everything's "on sale"
(index choices in TSP include: S&P500 fund, Small Caps fund, Bonds fund, & a foreign equities fund - or some "lifecycle" funds that make & adjust the allocations for you)
* is the world coming to an end within 5 years & I should buy gold, guns, bullets, & MRE's?
I would welcome any/all opinions/thoughts from the esteemed members of the board (heck, maybe even from the not-so-esteemed)
- especially thoughts re: TIPS IRA's.
My ER plan is such that I don't plan on needing these $ from the TSP till at least 59.5 - & possibly later (although there are some penalty free withdrawal options before then.)
I was in the "C" fund (S&P 500 index) for many years & managed to accumulate a decent little nest-egg. Overall it's been pretty good to me & I was fortunate (nervous?) enough to shift 100% of my monies into the "G" Fund in Apr '07. The TSP is very low cost.
My issue is: despite my years in the S&P 500 Index I have become very risk averse now that the ER date is looming. I will be satisfied just to maintain what I have in TSP at this point & match inflation & hopefully beat it by a couple points in some years. This is my ER plan's long-term security money - ER'ing at 50 means we have a loooong time to be retired.
(What really scares me is hyperinflation at some point in the future and I find it hard to see the G-Fund even keeping pace with regular inflation the next few years the way things have been going.)
The thought occurred to me recently to roll it all out of TSP when I retire into several IRA's consisting of TIPS - at least there the govt is assuring me an inflation match (per the CPI?).
What say the members of the board? Opinions?
* Will I beat inflation in the low-cost safe TSP G Fund over ten years?
* Would my monies be better off out of TSP & rolled into an IRA consisting of TIPS - to suit my objectives and risk tolerance
* Should I stop being a nervous-nellie & reestablish an AA in the TSP that includes indexed equities while everything's "on sale"
(index choices in TSP include: S&P500 fund, Small Caps fund, Bonds fund, & a foreign equities fund - or some "lifecycle" funds that make & adjust the allocations for you)
* is the world coming to an end within 5 years & I should buy gold, guns, bullets, & MRE's?
I would welcome any/all opinions/thoughts from the esteemed members of the board (heck, maybe even from the not-so-esteemed)
- especially thoughts re: TIPS IRA's.