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If your TSP is in an L fund, do not set it and forget it
Manage episode 490978517 series 1532803
Many federal employees with long time horizons to retirement automatically put their TSP contributions into an "L" fund. That will mature about the same time as they plan to retire. My next guest says this "set it and forget it" approach can actually cost you purchasing power. Here with more details is Certified Financial Planner Art Stein.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1787 episodes
Manage episode 490978517 series 1532803
Many federal employees with long time horizons to retirement automatically put their TSP contributions into an "L" fund. That will mature about the same time as they plan to retire. My next guest says this "set it and forget it" approach can actually cost you purchasing power. Here with more details is Certified Financial Planner Art Stein.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1787 episodes
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