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What Exactly is the TSP?

If you've joined the military, you've probably heard about the Thrift Savings Plan (TSP) but do you know what it is and how it can help you prepare for retirement? ⋯ 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 of LaceyLangford.com, a personal finance blog and coaching practice specializing in the unique world of the U.S. military. She’s been featured in Good Morning America, Market Watch, and U.S. News and World Report. Lacey’s the creator and host of The Military Money Show, a podcast dedicated to helping the military community make, sa

What is the value of Military Pension? (In Millions)

Please Like, Comment, and Share my videos! 🔔 SUBSCRIBE HERE 🔔 Be sure to check out my entire video playlist on Military Finance and Investing topics: 👇 👇 Watch My Other Videos Here 👇 👇 ★ Be a Military Millionaire - Use Your Government TSP ★ Know Your TSP - The Thrift Savings Plan Investment Funds G/F/C/S/I ★ Military Officer Pay - What does a Lieutenant make? (O-1/O-2) 📷 📷 My YouTube Equipment 📷 📷 ► My Camera 👉 ► My Wide-Angle Lens 👉 ► My Wireless Microphone 👉 ► My Shotgun Microphone 👉 ► My Lighting 👉 ► My Light Diffusers 👉 ► My GorillaPod 👉 ► My Tripod 👉 ► My SD Card 👉 ================ 📚 📚 Books That Changed My Life 📚 📚 📗 How to Win Friends & Influence People 👉 📕 Dumbing Us Down 👉 📘 Quiet - The Power of Introverts 👉 📙 The Red Queen 👉 📔 Alexander Hamilton 👉 📒 A People’s History of the United States 👉 ================ In this video I give the example using the Blended Retirement Calculator on the defense.gov we

Top Thrift Savings Plan Mistakes and How to Make Them Better

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