I’ve been looking for something like this site for awhile!
Moderator: Aitrus
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- Posts: 4
- Joined: Thu Feb 01, 2018 9:48 pm
I’ve been looking for something like this site for awhile!
Hi to everyone. I am getting ready to retire, OH YEAH! Hope this helps with managing my tsp funds..... going to be living off these funds.
HILAND75
HILAND75
Re: I’ve been looking for something like this site for awhil
Welcome Hilander75...what is your retirement date? Wishing you many positive returns!
Re: I’ve been looking for something like this site for awhil
Welcome. This is a good group. Lots of smart people here.
Owner/creator of TSPcalc.com - "Know your numbers"
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- Posts: 4330
- Joined: Tue Aug 19, 2008 8:51 pm
Re: I’ve been looking for something like this site for awhil
You will be living beyond your pension? How many years do you expect to get out of your TSP Account before you run out of money?
Re: I’ve been looking for something like this site for awhil
I retired 2 1/2 years ago. The TSP monthly payment constitutes about one-third of my retirement income. Good luck Hilander!
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- Posts: 4
- Joined: Thu Feb 01, 2018 9:48 pm
Re: I’ve been looking for something like this site for awhil
Retirement date is 31 March 2018! Looking to get 20 to 25% of retirement income from TSP account. Wife will still be working, contributing max and catchup to her tsp. If she retired now she would be under the MRA+10. Right now she would have a 30% annuity reduction.
Re: I’ve been looking for something like this site for awhil
Just remember that your TSP account is only worth about 75% (at best) of what it shows, thanks to taxes. The TSP folks will happily let you take withdrawals with little or no withholding, just so they can laugh as they hear you getting smacked by the tax man the following April 15th.
That said, enjoy it. Retirement is an excellent career choice!
That said, enjoy it. Retirement is an excellent career choice!
Re: I’ve been looking for something like this site for awhil
I plan to withdraw only so much every month that it keeps me in a lower tax bracket, and live in a place where I am not subject to state or local income taxes.
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |