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Re: [TSP_Strategy] Re: Nearing Retirement- want to reduce risk

 

We don't know enough about your situation. For solid free feedback, I'd suggest you go to a site like Bogleheads.org, Join the group by creating an anonymous "handle" for your name, lay out your portfolio, savings, pension, expected SSA income, and expected age at retirement. Only then will a group have enough information to give you useful suggestions.

I don't know what they will tell you, but I'm pretty sure they will at least advise you to diversify away from just the S fund. 

Good luck.

Tom



On Fri, Jun 7, 2019 at 11:02 AM John Trevino johnniecat74@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
 

This is the first time I have ever spoken up in this group. I'm no financial adviser by any stretch. Given your short time till retirement I'd play it safe. Especially with the current and future forecast. Personally I'd park your money in the F fund or the 2030. This way you will be protected to some degree but will also have some exposure. Upping your contribution is definitely the smartest thing you can do at anytime and the more the better. If you are able to afford catch up payments then do so...

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Posted by: Thomas Wellock <thomas.wellock@gmail.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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