Is the I fund a good investment? (2024)

Is the I fund a good investment?

The I Fund can be useful in a portfolio that also contains stock funds that track other indexes such as the C Fund and the S Fund. By investing in all segments of the stock market (as opposed to just one), you reduce your exposure to market risk. The I Fund can also be useful in a portfolio that contains bonds.

Is the I fund a good investment TSP?

Your investment in the TSP I Fund is subject to significant stock market risk (it will rise and fall during bull and bear markets). As can be seen from the performance charts and statistics above, the I Fund is more volatile (higher risk) than the C Fund or the S Fund.

What is the return on the TSP I fund?

Basic Info. Thrift Savings Plan I Fund Monthly Returns is at 3.36%, compared to 2.74% last month and 3.11% last year. This is higher than the long term average of 0.51%.

What is the best performing fund in the TSP?

The C Fund has grown 7.49% in 2024, marking the best performance among the TSP's core funds.

Is the TSP F fund a good investment?

The F fund posted a 0.87% return, after last month posting a -1.41% return. The G fund also made a slight increase from 0.33% to 0.38% in March. The year-to date for the F fund is still positive, rising to 5.30%, as is the G fund, which is up to 4.65% in the last 12 months.

What is the most aggressive fund for TSP?

The conservative funds are the G and F funds and the aggressive funds are the C, S, and I funds.

What is the safest fund for TSP?

The G Fund is invested in U.S. Treasury securities specially issued to the TSP. Payment of principal and interest is guaranteed by the U.S. government. Thus, there is no “credit risk.”

How much should I have in my TSP at 40?

Age 40—three times annual salary. Age 45—four times annual salary. Age 50—five times annual salary. Age 55—six times annual salary.

How much should I invest in my TSP?

Regular TSP

To make equal contributions over the course of the 2024 calendar year (for 26 pay periods), you should contribute $885 each pay period.

What is the average TSP return per year?

The TSP C-Fund which approximates the S&P 500, has had an average annual 12.29 percent gain between 1988 and 2020; the TSP F-Fund, a broad index representing the U.S. bond market, has had an average annual 6.29 percent from 1988 to 2020; and the G-fund, long term U.S. Treasury notes, has had an average annual of 4.70 ...

Can TSP make you a millionaire?

Be patient: Building wealth takes time and becoming a millionaire through the TSP will likely require a long-term perspective. Stay the course and continue saving and investing consistently, and you will increase your chances of reaching millionaire status.

What is the average TSP balance at retirement?

To compare, the average 401(k) balance based on 4.9 million defined contribution retirement plans was $112,572 at the end of 2022, according to Vanguard's 2023 analysis. To compare more accurately, at the end of 2022, the average TSP balance for a FERS employee was $157,325.

Is TSP or Roth better?

The primary difference between Roth and traditional TSPs is how they're taxed. Specifically, a traditional TSP is better if you want to leverage your account to decrease your current income taxes and pay for withdrawals during retirement.

What is the best TSP fund to invest in 2024?

What is the monthly return on the TSP F fund?

Thrift Savings Plan F Fund Monthly Returns is at 0.87%, compared to -1.41% last month and 2.55% last year. This is higher than the long term average of 0.44%.

Which is better the F fund or the G fund?

In periods of falling interest rates, the F Fund will experience gains from the resulting rise in bond prices. So in the long run, you may expect F Fund returns to exceed those of the G Fund; however, you should also expect greater price volatility (up and down movements).

How many TSP millionaires are there?

As of year-end 2023 just under 117,000 TSP investors had $1 million or more in their accounts, an increase of some 40,000 during the year, another impact of the rebound in stock-based investment funds during the year making up for their losses of 2022.

How to retire a millionaire with TSP?

TSP contributions and investing should be top of mind when you begin your federal career. An employee who earns 50,000 per year and contributes 2,500 dollars with a 2,500-dollar match from the government can reach the TSP millionaire dollar mark in 25-30 years by investing aggressively.

Is TSP better than IRA?

Basically, your agency will contribute money into your TSP account based on how much you are contributing. There is no match when you invest in an IRA. Another big difference between the TSP and IRAs is how much you can contribute every year. As of 2021, you can invest significantly more into the TSP compared to IRAs.

Is my money safe in TSP?

It may surprise some of you to learn that none of the money in your TSP account is insured by the Federal Deposit Insurance Corporation, like your bank deposits are. When you invest for retirement, you take on varying levels of risk, depending on how you allocate your investments.

Can I retire at 55 with 300k?

On average for a comfortable retirement, an individual will spend £43,100 a year, whilst the average couple in retirement spends £59,000 a year. This means if you retire at 55 with £300k, an individual will run out of funds in approximately 7 years, and a couple in 5 years. So, on paper, it doesn't look like enough.

How long will 500k last in retirement?

Yes, it is possible to retire comfortably on $500k. This amount allows for an annual withdrawal of $20,000 from the age of 60 to 85, covering 25 years. If $20,000 a year, or $1,667 a month, meets your lifestyle needs, then $500k is enough for your retirement.

Is 100k saved at 40 good?

You may be starting to think about your retirement goals more seriously. By age 40, you should have saved a little over $185,000 if you're earning an average salary and follow the general guideline that you should have saved about three times your salary by that time.

Should you put more than 5% in TSP?

If you are contributing less than 5% of your basic pay, you are missing out on free money. You can also elect to contribute more than 5% of your basic pay to your TSP account, as long as the contributions do not exceed the IRS deferral limit.

How do I maximize my TSP growth?

By starting early, contributing regularly, investing in a diversified portfolio, taking advantage of catch-up contributions, and considering the impact of taxes, you can maximize your retirement savings and enjoy a comfortable retirement.