While updating my monthly net worth, I was delighted to see that my TSP (Government employee 401(k) program, for those of you new to the blog) had grown a surprising amount. Now, if you’ve been following the news, you know that July was an excellent month in terms of the market, so it’s no surprise [...]
This article about being able to retire well caught my eye yesterday for a number of reasons. The first, of course, being the idea that people are panicked about the state of their retirement accounts, but they shouldn’t worry – they can still have a good retirement. I shouldn’t be one to worry, with 30+ [...]
As many people know, the big issue with government employment right now is the high number of people who are nearing retirement age. Which should be great for youngsters like me, just getting into government service. Lots of room for growth. And for the most part, that is true, though a lot of the potential [...]
I am officially impressed by J. Money. One of his goals each year is to max out his 401(k) and for varying reasons which he describes, this meant that he had 90% of his last paycheck taken out. 90%! That seems like crazy talk. But I’m definitely impressed. Nice work, J.
After much pondering, I recently [...]
After much internal debate, I decided to up my TSP contributions a few weeks ago (for those new to the blog, since I’m a federal employee, I have a TSP rather than a 401(k) – but they’re similar). I had been contributing 5%, enough to get the full match, but hadn’t done more than that. [...]