By Mike Miles
July 2nd, 2012 | Uncategorized
Q. I have a rollover IRA with Fidelity with approximately $75,000 at current market rates. I am wondering if it is better to transfer this money to my Thrift Savings Plan or leave it where it is? I have eight years until I retire at age 66. What do you recommend?
A. Since the TSP offers expected investment performance superior to what you’ll find anywhere else, I recommend that you transfer as much of your portfolio as possible into the TSP and keep it there for as long as possible.
herbert gary maxwell Says:
July 5th, 2012 at 10:00 pm
99.99% (my guess) of persons investing in TSP will not be able to get a better return than TSP. Just look at well the F fund has performed since 1988 and, in particular, look at the F fundover the past 12 months. I am not one of the many experts but I have been an investor for over 40 years and I read on a daily basis stocks, bonds and interest rates.