Re: [TSPStrategy] Staying/Leaving TSP Upon Retirement

John, can you help me understand how the fiduciaries make their money? I question where they benefit if not off their clients.

Al Reble 

On Jan 30, 2022, at 6:21 PM, John via groups.io <toroboy682000=yahoo.com@groups.io> wrote:



What I mean is, stay in the TSP and allocate as your advisor recommends if they'll do that. Our advisor is fiduciary and does that. No charge. That way it's considered with respect to the rest of your portfolio.  

We use Creative Planning as wealth advisors. 

On Jan 30, 2022, at 5:26 PM, John via groups.io <toroboy682000=yahoo.com@groups.io> wrote:



Follow your advisor's advice on your TSP if you trust him. 

On Jan 30, 2022, at 5:01 PM, Paul Probst <pep30339@gmail.com> wrote:



I just turned 60, and expect to work another five years. Although still working, I am contemplating turning over a healthy portion of my TSP via In-Service Withdrawal to a private sector financial advisor for management. Wondering if anyone believes there is a disadvantage to doing this. A small portion will stay in the TSP and contributions will still be regular. This individual handles my wife's IRA, we have confidence in his judgment, and there are no trust issues.

On Sat, Jan 29, 2022 at 5:37 PM <eljosco@mail.com> wrote:

I plan on taking out the Roth portion immediately out of the TSP upon retirement (if it's in during RMD years they'll take the Roth portion into account for RMDs). The traditional portion will be transferred out within a short timeframe after.

You pointed out several things, but my main reason for moving it out is legacy planning. 

On 1/27/22 at 3:12 PM, ShaneBro via groups.io wrote:

From: "ShaneBro via groups.io" <s.guy75=yahoo.com@groups.io>
Date: January 27, 2022
To: "tspstrategy@groups.io" <tspstrategy@groups.io>
Cc:
Subject: Re: [TSPStrategy] How low to go.

Stop the pain!  Does anybody have a good rebuttal for keeping a TSP account once a person is taking RMDs?  My broker charges nothing to keep IRA funds, I can trade aggressively or defensibly or set up future sell orders at no cost, and I can put 2 years worth of RMDs (small percentage right now of my stash) in 2 or 3 CDs.  TSP touts low carrying cost but it is a fraction lower than indexed ETFs.  AND in the end your big money comes when the S&P or DWCPF go up, not pennies of extra carrying costs.  TSP ties your hands in number of trades and will not allow protection of RMDs in G.

Thoughts?  What is there to gain staying in TSP?

Thanks

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