Timothy Sumer

In this video, we'll take a look at the Thrift Savings Plan (TPS). We'll cover what the TPS is, what it does, and how you can maximize your opportunity with it. If you're looking for ways to save money, the Thrift Savings Plan is a great place to start. With contributions from both you and your employer, the TPS can help you build a wealth of retirement savings. This video will help you understand the TPS and how to best use it to help you reach your financial goals! Channel Link ➤ Subscribe for More Videos ➤ sub_confirmation=1 Welcome to Developing Dividends. We believe that having a strong foundation of financial literacy can ultimately lead to an individual obtaining wealth and financial independence. While hiring someone who understands the seasons of the economy may prove beneficial, having a solid financial education will truly empower you to Develop Dividends! In this channel, we will explore personal finance topics such as budgeting, insurance, mort

Many investors in the G Fund lose money in their Thrift Savings Plan because they do not understand the true costs of this fund. The G Fund can be an important piece in your overall investment strategy, but used incorrectly can cost you years of retirement income. In this episode, we go over the benefits of the G Fund, review the G fund facts directly from the TSP website, and provide examples of why we think you should be cautious of overusing the fund. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. In this episode we will go over: - The 4 benefits of the G Fund - Learn the facts about the fund - Discuss performance and real rates of return 0:00 Intro 1:38 The benefits of the G Fund 6:00 G Fund overview from TSP.gov 11:31 Performance and real rates of return Resources for this episode: G Fund facts from TSP.gov: G F

Thrift Savings Plan mistakes happen more than most of us would like to admit. If you’re actively saving money in your Thrift Savings Plan, you’re doing the right thing. Saving for your retirement is the critical part, but sometimes mistakes happen. If you don’t catch and fix them, it can cost you money and delay reaching your retirement goals. I cover the top Thrift Savings Plan mistakes people make and, more importantly, how you can make them better. More on TSP mistakes More on the TSP G Fund ⋯ Find & follow me Newsletter ː Instagram ː Twitter ː LinkedIn ː ⋯ Listen to my podcast Military Money Show ː Check out my blog The Military Money Expert® ː ⋯ My videos are intended for education and entertainment. I do not give investment advice. ⋯ Lacey Langford, AFC®, is a financial coach, writer, and speaker who changes people’s mindset from being fearful of money to having control and confidence with it. Money + military is her jam. She’s the founder