What is the best performing TSP fund 2023? (2024)

What is the best performing TSP fund 2023?

The S &P 500, which is very similar to the C fund, finished the year with positive returns for the final 9 weeks of the year, propelling it to the best performing fund of the year of the five core funds (G, F, C, S, and I are the 5 core funds in TSP). The 2023 return for the C fund was 26.25%.

Which TSP fund has the best return?

The C Fund has grown 7.49% in 2024, marking the best performance among the TSP's core funds.

Which TSP fund to invest in 2023?

What is the most secure TSP fund?

If you choose to invest in the G Fund, you are placing a higher priority on the stability and preservation of your money than on the opportunity to potentially achieve greater long-term growth in your account through investment in the other TSP funds.

What is the most aggressive fund in the TSP?

The conservative funds are the G and F funds and the aggressive funds are the C, S, and I funds.

What is the best investment strategy for TSP?

Two of the main reasons that early and consistent saving is a good TSP investment strategy are known as compound earnings and dollar-cost averaging.

What is a good TSP balance at retirement?

There is no such thing as too much money in the Thrift Savings Plan. If you want your TSP balance to be able to generate an inflation-indexed annual income of $10,000, most financial planners will suggest that you have a $250,000 balance at the time you retire.

Should I move my TSP to G fund?

Look at the 10-30 year returns. You clearly have no risk tolerance, so yes, yes you should move all your funds to G and leave them there.

Which funds will do well in 2023?

How many TSP millionaires are there?

According to the latest figures from the Federal Retirement Thrift Investment Board (FRTIB), the agency that oversees the Thrift Savings Plan (TSP), there are now 116,827 TSP millionaires as of the end of December 31, 2023. At the end of 2022, there were 76,889, which is a 52% increase in one year.

How to retire a millionaire with TSP?

Is the I fund a good investment TSP?

The I Fund can be useful in a portfolio that also contains stock funds that track other indexes such as the C Fund and the S Fund. By investing in all segments of the stock market (as opposed to just one), you reduce your exposure to market risk. The I Fund can also be useful in a portfolio that contains bonds.

Should I keep my money in the G fund?

The G-fund can be an incredible tool but is rarely the best option for your entire portfolio. Because everyone's situation is different, the best portfolio is invested in the mix of funds that matches your stage of life and financial situation, but almost always should include some stocks.

Which TSP fund mimics the S&P 500?

The C Fund's investment objective is to match the performance of the Standard and Poor's 500 (S&P 500) Index, a broad market index made up of stocks of 500 large to medium-sized U.S. companies.

What does Dave Ramsey recommend for TSP?

Dave Ramsey's advice is to save 5% into the TSP to get the full match, then max out a Roth IRA, and then put more into the TSP if you are able to save more after that.

What is the recommended TSP allocation by age?

In The Elements of Investing: Easy Lessons for Every Investor , Burton Malkiel recommends these age-based asset allocations: 20-30s – bonds 10-25%, stocks 75-90% 40-50s – bonds 25-35%, stocks 65-75% 60s – bonds 35-55%, stocks 45-65%

How can I maximize my TSP earnings?

Maximizing Agency or Service Contributions

To receive the maximum Agency or Service Matching Contributions, you must contribute 5% of your basic pay each pay period.

How much should I have in my TSP at 60?

By age 50, you would be considered on track if you have three-and-a-half to six times your preretirement gross income saved. And by age 60, you should have six to 11 times your salary saved in order to be considered on track for retirement.

How much should I have in TSP by age 50?

Age 50—five times annual salary. Age 55—six times annual salary. Age 60—seven times annual salary. Age 65—eight times annual salary.

Is the TSP not doing well?

The vast majority of offerings in the 401(k)-style Thrift Savings Plan did not have a good month in December—or a good year in 2022 for that matter. The S Fund, invested in small and mid-sized businesses, had the worst performance for December, losing 6.55%. It was down 26.26% for 2022.

What is the average G fund return for TSP?

Basic Info. Thrift Savings Plan G Fund Monthly Returns is at 0.38%, compared to 0.33% last month and 0.35% last year. This is higher than the long term average of 0.37%.

Does the TSP G fund beat inflation?

Better Than Inflation

Given that intermediate- and long-term bonds customarily carry real positive yields, it was highly unlikely that G Fund has trailed the rate of inflation since its 1987 launch. In fact, it has not. As the following chart shows, G Fund has easily outpaced the growth of the Consumer Price Index.

What are the top 5 funds to invest in 2023?

These include JM Value Fund, Nippon India Value Fund and Aditya Birla Sun Life Pure Value Fund and Axis Value Fund. Some multi cap mutual funds gave returns as high as 38-40 percent which include HDFC Multi Cap Fund, Kotak Multicap Fund, ITI Multi Cap Fund and Nippon India Multi Cap Fund.

Which fund gives highest return?

Here are 5 mutual fund schemes with highest 3-year returns along with their expense ratios: Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

What fund has the highest return?