TSP/401(k) Allocation and Options
We all know that saving in a 401(k)/TSP is an appropriate choice and that it’s best to tuck money away for retirement. Also, if it’s matched, then you absolutely should take advantage of that opportunity. However, many neglect to realize that the funds invested in it can be just as important. As an investor, it’s important to understand what each fund represents, what the risk and returns are, and how those choices can impact your retirement. When working through 401(k)/TSP allocation options for clients, we want to bring up your level of understanding, help you feel confident about your choices, and show you how different fund choices will impact your financial plan now and in the future.