(This article was first reported on federalnewsradio.com on June 15, 2018)
You know it’s coming. A major stock market correction is well overdue, according to historical averages. That’s something to keep in mind whether your Thrift Savings Plan account is in stocks, such as the C, S and I funds, or bonds, such as the F Fund. Or it could be in the G Fund composed of special Treasury securities, or in any of the automatically adjusting lifecycle L Funds.
It’s your money. A major portion of your retirement nest egg which, if you are under the Federal Employees Retirement System, will provide one third to one half of all the cash you have to spend in retirement.