Timothy Sumer

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 sponsorship...

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 ...

... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Write an article about 适合军人以及政府公务员积累财富的工具之 thrift savings plan - TSP in English https://inflationprotection.org/tsp-a-wealth-accumulation-tool-for-military-personnel-and-government-officials/?feed_id=132469&_unique_id=64f4b83abffc3 #Inflation #Retirement #GoldIRA #Wealth #Investing #thriftsavingsplan #thriftsavingsplanexplained #tsp #退休生活 #退休计划 #退休金计算 #ThriftSavingsPlan #thriftsavingsplan #thriftsavingsplanexplained #tsp #退休生活 #退休计划 #退休金计算

Did you know you can become a millionaire with Thrift Savings Plan (TSP)? In this video, you’ll learn about the individual TSP funds and TSP Lifecycle Funds. Which TSP Funds are the right ones for you? What do you know about the G, F, C, S, and I Funds? I have been investing in… oh wait you’ll have to watch the video to find that out. 👨‍🏫 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 📖 ➡️ 📷 Additional FIRE Videos 📷 Backdoor Roth IRA - Fat FIRE Roadmaps - Create Generational Wealth - How I save 60% of My Income - 🎵 Music and Sound Effects Provided by Epidemic Sound 🎵 ⏰ Table of Contents ⏰ 0:00 Introduction 0:21 Thrift Savings Plan 2:5...

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 -...

Federal employees have a lot of questions when it comes to the TSP annuity. This is different from the FERS annuity and it is important to understand how the TSP annuity works before making a decision to take the annuity.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Thrift Savings Plan (TSP) Annuity: A Secure Retirement Option Planning for retirement is a significant consideration for every individual, as it sets the stage for financial security during our golden years. One of the retirement options to consider in the United States is the Thrift Savings Plan (TSP) annuity. This annuity offers federal employees and uniformed service members a reliable and secure way to accumulate savings and create a steady stream of income upon retirement. Originally introduced by the Federal Employees’ Retirement System (FERS),...

To rollover or not rollover your TSP FinEd for Feds is dedicated to providing financial planning education that is relevant for U.S. Federal Government Employees. Federal Employee benefits are complicated yet extremely valuable. Our goal is to make your benefits easier to understand and explain how they integrate with other aspects of your financial life. Ultimately, we want you to be educated during your working years and to feel confident and empowered to retire comfortably from federal service. Discovery Wealth Planning LLC is a Registered Investment Advisor. We are fee-only, which means we do not sell products for a commission. We are also a fiduciary and we put client interests first 100% of the time. We offer one-time and ongoing financial planning engagements with a CERTIFIED FINANCIAL PLANNER™ for U.S. Feds. To learn more, please visit This channel is purely educational and should not be considered as financial, legal or tax advice. Discovery Wealth Planning ...

Join fellow FERS retiree, Elizabeth Inman for part two of this 5-part series on how Federal & Postal Employees can become a Thrift Savings Plan Millionaire (TSP). In part two, Elizabeth gives you some late-breaking news about several improvements to the TSP website. Plus, there are a few things that you must know about the Secure Act 2.0 that will affect catch-up election and life expectancy recalculation. If you want up-to-the-minute news and information about your Thrift Savings Plan, then this podcast series is for you. If you missed part one of this 5-part series, you can watch Part One here: 4:06 Logging into TSP website Improvements 5:27 Temporary Issue with TSP Installment Payments 6:22 The G-fund and the Government's Debt Limit 8:31 The Secure Act 2.0 and the President... 10:57 TSP Life Expectancy Recalculations 12:23 Changes to the Secure Act 2.0 catch-up contributions... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: B...

The management of your Thrift Savings Plan is not something you should take lightly. Mistakes could cost you hundreds of thousands of dollars if you don’t know what you are doing. In this episode we: • Discuss what is required to manage any investment account • Evaluate your options if you are looking for help • Provide resources to help you get more knowledgeable with investing and your TSP 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. 0:00 Intro 0:40 Why Is This Important? 2:39 3 Requirements to Manage any Investment Account 5:44 Where Can You Get Help? 11:41 Build Your Investment and TSP Knowledge Referenced Links Vanguard Report on “Quantifying Advisor’s Alpha”: Envestnet Report on “Capital Sigma: The Advisor Advantage”: Russell Investments report on “How advisors deliver value in challenging times”: LIST OF BOOKS Simple W...

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...

Want to know which TSP funds to invest in or learn more about the Thrift Savings Plan (TSP)? Here are the 2 TSP funds I invest ALL my money in. As a former federal employee, I have a Thrift Savings Plan (TSP) retirement account . In this video, I plan to (1) reveal which two TSP funds I put ALL my money in, (2) share the percentage % breakdown of how much I put in each TSP fund and (3) explain WHY I invest this way in the TSP. When it comes to TSP retirement and finances, I want to highlight how critical it is to understand WHY and HOW to invest. Educate yourself! Don’t just follow because "so and so said it’s a good tip." That's the fastest way to LOOSE money. This is why I’m breaking down WHY I invest the way I do and back it up with FACTS. It will help you make the best TSP investment decisions for you. ***Note: My TSP breakdown factors in that I have 25-30 years before I retire. If you are closer to retirement (like 1-5 years out), you may choose a diffe...

BAG TALK 101 is a series born out of Tommy, Shawn and Tray's passion for understanding money and wealth building. Thomas J. Stanley’s The Millionaire Mind has changed the way they think and interact with money. : TommyLee@PROPRAG.COM : *CashApp | *Paypal | : #audibooks #books #howto #money #investments #finance #millionaires #themillionairemind #selfimprovement #personalgrowth #podcasts #bitcoin #wealtheducation #finance #daveramsey #howto #proactivepragmatism #thehungrymillennialnetwork #stocks... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/tsp-stocks-federalgov-army-navy-marines-military/?feed_id=49148&_unique_id=6397c13310d3a #Inflation #Retirement #GoldIRA #Wealth #Investing #blendedretirementsystembrs #howtogetrichwiththetsp #howtoinvest #howto...

Everyone seems to be more than willing to give advice on how invest your Thrift Savings Plan (TSP). Believe it or not I have heard each of the things in the video at one time or another. Your Thrift Savings Plan strategy should be one that works for you, not what an unqualified coworker told you to do, or even an intelligent coworker. Everyone is different and there is no one size fits all to help you reach federal retirement. Your TSP is IMPORTANT, as it comprises 1/3 of your FERS retirement. Don't listen to all of your coworkers and figure out what works best for you.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/federal-employee-breaktime-tsp-talk/?feed_id=43835&_unique_id=63834a28a40ae #Inflation #Retirement #GoldIRA #Wealth #Investing #cfpforfederalretirement ...