After dealing with the TSP for 29 years, I think this is pretty good advice for someone who doesn't want to think about it too much. The only exception is that I would rebalance the allocation quarterly instead of daily, like the TSP does.Scarfinger wrote:Put it in an "L" fund and it will transition your money to safer investments closer to retire.
Just pick your target date fund, look up its pie chart on TSP.gov once a quarter, and then match your account to that allocation for both existing funds and contributions. In so doing, you'll be selling the highs and buying the lows, which is pretty much the key to success.