Re: [TSP_Strategy] Re: Bumpy Road to a Million Dollar TSP

 

The TSP daily balance depends upon share values, not a set interest rate.  I could be wrong, but I'm not sure the Rule of 72 would work here.  We get a Personal Investment Performance (PIP), which tells us our annual rate of return, not to be confused with an annual interest rate like you'd get with a CD.  

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On Jul 5, 2017, at 4:27 PM, 'David' david@digitaldata.us [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:

 

The rule of 72s.  Take 72 and divide it by the number of years you want to double your money in.  72 / 5 = 14.8%.

There you go.  Not easy five years in a row, but doable.

-------- Original Message --------
Subject: [TSP_Strategy] Re: Bumpy Road to a Million Dollar TSP
From: "softbreeze@gmail.com [TSP_Strategy]"
<TSP_Strategy@yahoogroups.com>
Date: Wed, July 05, 2017 3:32 pm
To: <TSP_Strategy@yahoogroups.com>

 

June 2012 — $479,248.83 (25 yrs of service)
June 2017 — $1,136,577.98 (30 years of service)

I'm terrible at math, but what kind of rate of return would you have to have to double your money in only five years?  It seems amazing to me this person was able to go from $479,000 to over $1 million in such a short amount of time.

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Posted by: Lashawn Hill <lady1865@yahoo.com>

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