Re: [TSPStrategy] Staying/Leaving TSP Upon Retirement

Wife and I are planning on having accounts with two custodians - one with an advisor she's had managing a transferred IRA (also around 1%). The other one with a current brokerage and it'll be mostly self-managed (like lindalyc was saying).



On 1/30/22 at 8:27 PM, John via groups.io wrote:

From: "John via groups.io" <toroboy682000=yahoo.com@groups.io>
Date: January 30, 2022
To: TSPStrategy@groups.io
Cc:
Subject: Re: [TSPStrategy] Staying/Leaving TSP Upon Retirement

Our advisor charges 1%, easily recoverable as they perform tax harvesting trades and have a steady hand. They advise with respect to your entire financial picture (debt, insurance, allocations, etc) to ensure you meet your goal. Creative Planning. So far so good.  

On Jan 30, 2022, at 6:28 PM, winfield100 via groups.io <winfield100=yahoo.com@groups.io> wrote:



carrying costs of the financial advisor?

how much "churn"

On Sunday, January 30, 2022, 06:01:32 PM EST, 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

Anda baru saja membaca artikel yang berkategori dengan judul Re: [TSPStrategy] Staying/Leaving TSP Upon Retirement. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2022/01/re-tspstrategy-stayingleaving-tsp-upon_4.html. Terima kasih!

Ditulis oleh: Andriansyah -