#MILLIONAIRE LYN ALDEN HOW TO#

#MILLIONAIRE LYN ALDEN HOW TO#

Real Examples of How to Make Money by Regular Investing Investing in a combination of the C, S, and I Funds (and some in the G Fund), taking advantage of the government matching funds every pay period, and not watching the value of your TSP Funds every day will likely result in your TSP account exceeding your expectations over the length of a federal career. It also goes up much less than stock funds go up in most years (not all years). Putting your money into the G Fund is safe. When you see your large TSP investment has gone down 20%, read it again and see how simple the explanation is and how hard it is to actually not sell those stock funds. Some will start to buy the stock funds while they are down.Īnyone can read this article and see how simple it is. Some will sit tight and ride out the drop in stocks. When you see your stock funds dropping fast, how do you react? Many people start to sell before they lose any more money and put their money into the G Fund. Many people see their TSP funds dwindle when the market is down. But, as easy as it is to explain, it is very hard to do.

TSP Millionaires as of SeptemAccount BalanceĪs a general rule, the road to becoming a TSP millionaire is easy to explain. Here is the breakdown of how many investors fall into different value categories with their TSP accounts. Of course, most TSP investors do not become millionaires but, combined with an annuity, Social Security, and the TSP, a retired federal employee can live very well with less than $1 million in his or her retirement account. Here is a quick summary of how many TSP millionaires there are in the program. Times have changed and the TSP has made considerable money for a number of federal employees in the TSP.

The increasing number of millionaires may surprise some readers, more than a few of which will quickly tell friends (and in Disqus comments) that a federal employee cannot become a millionaire. Growing Number of TSP Millionaires Over TimeĪs the stock market has soared, so have TSP values and individual investors have profited. A decline in millionaires has been unusual in recent years. So, it is a small decline but still a decline. At the end of September, this number declined to 98,523. At the end of June, there were 98,879 of these millionaires. The latest quarter shows there is a decline in the number of millionaires in the TSP. In other words, only 1.5% of TSP investors are millionaires. 99,000 is a large number, but, keep in mind that is as of the end of August when there were 6,402,933 TSP investors. Are you feeling envious? There are close to 99,000 millionaires in the TSP as of September 30, 2021.

Millionaire lyn alden