I Fund sets the tone for TSP in May


Last year, the TSP decided to postpone the implementation of a previous decision to start using a larger index for the international stock I fund, following several actions by the Trump administration against the change, largely because China would be among the countries to add.

International Equity Fund I gained 3.61% in May, significantly outperforming the other two TSP equity-based funds; large-company fund C gained 0.69% while small-company equity fund S fell 0.66%.

Bond fund F gained 0.34% and government securities fund G 0.13%.

The returns for the L lifecycle funds, all gains, were: Income, 0.47; 2025, 0.81; 2030, 1; 2035, 1.08; 2040, 1.16; 2045, 1.22; 2050, 1.28; 2055, 2060, 2065, 1.5.

Review of TSP investment policies to include “climate related financial risk”
President Biden ordered an assessment of how the TSP “has taken into account environmental, social and governance factors, including climate-related financial risk,” in its investment fund offerings, as part of ” an executive decree on the government’s potential financial liabilities arising from climate change.

What it takes to become a TSP millionaire in today’s dollars
With a sufficiently long lead time, involving large and consistent contributions and decent long-term stock returns over the period, it is possible to become a millionaire by amassing middle-class or upper-middle-class income, including most of the jobs in the federal public service.

Yes, it’s good to spend your TSP in retirement

TSP Investor’s Handbook, New 7th Edition

Source link

Leave A Reply

Your email address will not be published.