The RIGHT Way to Use the TSP

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The TSP does have the low costs due to the index approach, but the TSP's web site is awful and its customer service reps are not sufficiently trained to be helpful.

New subscriber, great content explained in a clear manner. The background music is very distracting, no value added. Thank you for the video.

Outstanding content! Happy 4th of July!!

You don’t need to leave your $$ in TSP post retirement. Roll out of TSP, into a qualified plan . Leave a little in TSP to keep the account open because the G fund is a great investment that is still available when the market volatility happens. I heard this on another YT channel and seemed like great advice.

Very helpful with examples

My quick "back of the napkin" approach was similar but worked primarily from gross pay then subtracted the expenses I won't have in retirement. So, starting grom gross pay I subtracted the 6.2% for social security, the 15% going to the TSP, and the 4.4% FERS contribution. Likewise I subtract the money I'm currently putting into my HSA. My goal is also to have my house paid off. So I subtracted the principal and interest portion of my mortgage. I figure that gives me a conservative number to work with right now. As I get closer to retirement I can get more detailed.

Sir thanks for the video , could you post a video describing compound interest within the TSP.... TY

I enjoy your videos very much. One of the things that Dennis Damp has recently pointed out is the issue with the TSP in regards to inheritance. So lets say I have my TSP and my spouse does not have a TSP. I designate her as 100% (spousal) beneficiary. I pass before she does. She can take over the TSP and keep it (beneficiary participant account). She also can designate beneficiaries. Now she passes and lets say our kids were beneficiaries of her spousal beneficiary account. The quirk is they cannot transfer the money to an Inherited IRA (beneficiary IRA). They have to take it all at one time, all taxable in that year. What are your thoughts about that kind of scenario? Or maybe your thoughts on pros and cons of keeping money in the TSP vs rolling it over to an IRA after retirement? Generally my thought has been the TSP is fairly simple with much lower fees. But is that really true? Maybe you have a video already on that subject and I've not come across it yet.

I worked for the GOV'T for 10 years and 6. months. I resigned from my federal job 8 months ago and left $196K in my TSP. I am 62 and have been withdrawing from my Roth fund periodically whenever I need more money for living expenses. My question, I could retire but just haven't put in any of the paperwork (to lazy and its confusing) in the interim I have decided to go back to work for the Government, will I automatically be able to just restart my TSP deductions again?

At what age can we start to draw from our TSP?

These numbers seem extreme. For me to take home the same as I take home now I only have to take $10,000 a year from the TSP.

Im a new (3 years) employee with TSP, where is the best place to divide mi 100%

If I make a TSP withdrawal once a month, can’t I just rebalance the account to put money back into rage C,S,&I funds. Sure it is a minor inconvenience, but this and other videos make it seem like there is no way around the equal withdrawal from each fund.

Can I buy $SQQQ ETF on my TSP?

I thought the roth was pretaxed? I swear i hear something different everytime 😂