Reply to thread

Message

<blockquote data-quote="Flipx99" data-source="post: 4550552" data-attributes="member: 562352">I am 60% L40 and the rest split between I, C, and S. Basically I want to overweight the risky.No opinion really. I don&#039;t really follow the stock...so I can&#039;t be like Jim Cramer and tell you an instant opinion.Why? With the TSP you get matched 100% up to 5% unless you are active duty. Then your strategy makes sense....as you also get a pension. I contribute 5%, get matched 100% of that 5%....even if my investments don&#039;t make a dime in capital gains or dividends, that&#039;s pretty good return for my time horizon....(lousy if over 20, 30, 40 years)No. Tax rates can be different when you retire. There is no way to predict the tax rates in advance. Some people take out more and just live off the savings. Others use the retirement funds to augment part time work. It&#039;s hard to be generic about specific financial situations. For what it&#039;s worth, I contribute to TSP and Roth IRA. If the TSP didn&#039;t match, I&#039;d only contribute to the IRA.</blockquote>

[QUOTE="Flipx99, post: 4550552, member: 562352"] I am 60% L40 and the rest split between I, C, and S. Basically I want to overweight the risky. No opinion really. I don't really follow the stock...so I can't be like Jim Cramer and tell you an instant opinion. Why? With the TSP you get matched 100% up to 5% unless you are active duty. Then your strategy makes sense....as you also get a pension. I contribute 5%, get matched 100% of that 5%....even if my investments don't make a dime in capital gains or dividends, that's pretty good return for my time horizon....(lousy if over 20, 30, 40 years) No. Tax rates can be different when you retire. There is no way to predict the tax rates in advance. Some people take out more and just live off the savings. Others use the retirement funds to augment part time work. It's hard to be generic about specific financial situations. For what it's worth, I contribute to TSP and Roth IRA. If the TSP didn't match, I'd only contribute to the IRA. [/QUOTE]

Verification