Timothy Sumer

How much do you really need to retire comfortably with your TSP and pension? How long do you think it'll take to reach 7 figures in your TSP? Let's go over each individual TSP fund and the allocation strategies. Private Group Coaching with Psy ➡️ 🤳 Psy on TikTok, Facebook, Instagram 🤳 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 Free Financial Coaching 👩‍🏫 Schedule a free 20-minute Individual Coaching Session Schedule a free 30-minute Couple's Coaching Session ➡️ 📧 Email: hello@firepsychat.com 📖 What’s on my display shelf? 📖 ➡️ For sponsorships and business inquiries ➡️ media@firepsychat.com 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - How We're Saving 70% of Income (2023) - My $1.1 Mil Fat FIRE Progress (Sep 2022) - How to Become an Ordinary Millionaire - How to Start F.I.R.E - The Ultimate F.I.R.E Guide - How to Invest in an HSA - Become a TSP Millionaire - Financial In

What is the right TSP allocation for your retirement? How much should you allocate your contribution and employer match to the C Fund, S Fund, or I Fund? Private Group Coaching with Psy ➡️ 🤳 Psy on TikTok, Facebook, Instagram 🤳 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 Free Financial Coaching 👩‍🏫 Schedule a free 20-minute Individual Coaching Session Schedule a free 30-minute Couple's Coaching Session ➡️ 📧 Email: hello@firepsychat.com 📖 What’s on my display shelf? 📖 ➡️ For sponsorships and business inquiries ➡️ media@firepsychat.com 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - How We're Saving 70% of Income (2023) - My $1.1 Mil Fat FIRE Progress (Sep 2022) - How to Become an Ordinary Millionaire - How to Start F.I.R.E - The Ultimate F.I.R.E Guide - How to Invest in an HSA - Become a TSP Millionaire - Financial Independence Calculator - ⏰ Table of Contents ⏰ 0:00 TSP Individua

Is it possible to grow your TSP to seven figures? Did you know there are over 113,000 TSP investors in the TSP millionaire club? One of the accounts is worth $11 million. Is it possible to become a TSP millionaire as a career government employee? 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 📷 2022 New Year's Resolutions Video Series📷 Part 1: How to Build Your First Emergency Fund - Part 2: How to pay off debt quickly - Part 3: How to Build a Retirement Portfolio - Part 4: How to Create a Pay Yourself First Budget for FIRE - 📷 Additional FIRE Videos 📷 Our $2.8 mil Fat FIRE Plan - How We save 60% of our Income - Our $1 mil Dividend Stock Portfolio Strategy - How to save for HSA - Backdoor Roth IRA - 🎵 Music and Sound Effects Provided by Epidemic

Have you ever wondered what the Thrift Savings Plan is and how it works? I've got you covered. #tsp #retirement #investing When it comes to retirement planning, you probably hear a lot about 401(k)s. But if you’re a federal employee or in the military, you don’t have a 401(k). That doesn’t mean you can’t build wealth for the future. You can contribute to the federal Thrift Savings Plan—and that’s exciting news! Turns out, the Thrift Savings Plan is a pretty big deal. As far as defined contribution plans go, the TSP is the largest in the world, with over $558 billion in assets. Over 5 million people have a Thrift Savings Plan account, and—even better—89% of participants are satisfied or extremely satisfied with the Thrift Savings Plan. Now, the key to investing in the Thrift Savings Plan is to invest consistently and choose the right funds to help you build wealth for the long term. And that can be scary, especially if you’re new to investing. The good news is that w

The contribution limit for TSP in 2023 is $22,500 or $30,000 for 50 or older. My TSP strategy is to max out my contribution every year. How long do you think it'll take to reach 7 figures if I max out my contribution every year? 🤳 Social Media🤳 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 What’s on my bookshelf? 📖 ➡️ 📷 Additional FIRE Videos Mentioned In this Video 📷 Our $3.7 Mil Fat FIRE Plan - How to Become an Ordinary Millionaire - How to Start F.I.R.E - The Ultimate F.I.R.E Guide - HSA vs FSA - Is Cash King or Trash? - Tax-Free Dividend Income - Pay 0% Capital Gains Taxes - For sponsorships and business inquiries, please contact media@firepsychat.com. ⏰ Table of Contents ⏰ 0:00 TSP Allocation Strategy 6:58 TSP Investment Strateg

You ever thought about how your old ass is going to survive when you're 75? Do you want to be a little bit taller? Do you want to be a baller? Do you want to have a girl who looks good? You could call her. Do you wish you had a rabbit in a hat with a bat and a Six Four Impala? Well you're not gunna get there unless you start planning early. In this video we do a number breakdown to show just how powerful the TSP is, why you should be investing early on, and why it's not the pot at the end of the rainbow like so many people think it is. Take a seat, grab a strong drink, and support LFTB by buying pictures of our feet! Yeet! $20/month unlimited access. Follow our FB or IG group to get weekly quick tip videos about different benefits: Facebook: IG: ----5 TSP Funds (technically 6 with the L Fund, but F that)---- G & F: Bonds - Low return but you're getting a same investment. Straight to the point though.. it's not worth it. Not unless you're