I’m Retiring Soon, How Much Do I Need In My TSP?

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The Fed Corner - Federal Retirement Planning

The Fed Corner - Federal Retirement Planning

Күн бұрын

Figuring out how much you need to be able to retire from federal service can be taunting. There are many different ways to create a retirement plan, so how can you know how much money you'll need?
Simply multiplying your annual needs by years retired doesn't work, because you'll be growing your money along the way. But what about inflation? What about higher or lower spending? What if the markets don't cooperate?
There are a lot of variables to factor, and in this video I explain how you can calculate a starting value for your TSP so you can figure out if you've saved enough.
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