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Re: [TSP_Strategy] Long Term Care Insurance

Re: [TSP_Strategy] Long Term Care Insurance

  One thing is obvious, Insurance companies are the big dogs in our country. You have to buy it  health, auto, home, life etc.... Probable should have an insurance fund  in the TSP.Sent from my Verizon Wireless 4G LTE DROIDOn Apr 29, 2016 10:56 AM, "Julie...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  It's interesting playing with the numbers with amortizations schedules on sites such as http://www.bankrate.com/calculators/mortgages/amortization-calculator.aspx. When I was on that site a few months ago, it indicated that if I pay $400 more per month,...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  I'm no financial expert, but I expect that apart from one of those special TSP Home Buying Loans to, say, make the 20% down payment to avoid having to pay mortgage insurance (which only helps the bankers sleep well at night), borrowing from one's TSP...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  Agreed - this is a great way to pay off your mortgage sooner, and is what my wife and I are doing now in anticipation of retirement in 10-12 years.Sent from my iPhoneOn Apr 30, 2016, at 8:05 AM, Nelish nelish@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com>...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  Another option for you to consider paying more towards principle. For example if you mortgage is $1,200.00 a month divide that by 12 months in a year. This give you $100.00 add that to your mortgage. This gives you $1,300 a month payment and will...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  Thanks for your advice. I'm starting to see that its nice to have your house paid off , but there are always other options. __._,_.___ Posted by: sticksandstones66@yahoo.com...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  I would advise against it. My main reason would be that if you decide to leave your job, by choice or otherwise, that loan would be due in full. I've known several people who have taken tsp loans successfully and would recommend them,...
Re: [TSP_Strategy] Use portion of TSP to pay off home?

Re: [TSP_Strategy] Use portion of TSP to pay off home?

  You will probably make more money on the TSP investment than you are paying mortgage interest and would  lose tax benefit from the mortgage. It all depends on amounts of money and time, though. Keep in mind that what you take out of TSP is taxed...
[TSP_Strategy] Use portion of TSP to pay off home?

[TSP_Strategy] Use portion of TSP to pay off home?

  My house probably wont be paid off at retirement. Its small  manageable home. The mortgage payment is not big and its competitive with an apartment. This is probably a very general question that requires more information but what advice would...
[TSP_Strategy] Fixed Income Sector Performance

[TSP_Strategy] Fixed Income Sector Performance

  Charts of the WeekFixed Income Sector Performance (Total Return as of 3/31/16)Chart of the Week for April 29, 2016 - May 5, 2016The fixed income market includes many different types of securities, and their performance can vary substantially...
Re: [TSP_Strategy] Long Term Care Insurance

Re: [TSP_Strategy] Long Term Care Insurance

  TSP StrategyLong Term Care is a no additional charge apart of my Whole Life insurance policy w/ www.AAFMAA.comArmy Air Force Mutual Aid Association (open to all military services Active Duty)- there are some registration restrictions for veterans based...