Ask The Experts: Money Matters

By Mike Miles

TSP allocation

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Q. I have worked in the GS system for 13 years, and I have always taken out the maximum percentage allowed for my Thrift Savings Plan. For the past 13 years, I have put everything into the G Fund. I am not very educated on which funds to invest in. At this time, I have $165,000 in my TSP account. I would like to know which funds I should invest in and what percentage would best suited for me. I am 42 years old, and I plan to work until I am 65 to 67 years of age.

A. You’ve asked the big question: “Which allocation is best suited to YOU?” No one can answer this question properly without knowing a lot about you, your goals, resources, and constraints. Without the proper analysis and understanding, the best you can do is to choose the L Fund that most closely corresponds to your life expectancy.

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