Thrift Savings Plan, Retirement, and Financial Planning Online Training for the Federal Workforce

Late Career ?

Now is the best time for a financial plan.

  • You'll need to plan for higher costs as long as you live.
  • Your TSP withdrawal choice will affect the income you receive.
  • Invest to stay ahead of inflation for a potentially long retirement.

Potential Costs at 3% Inflation in Three Different Years

Item
2010
2025
2040
milk
$2.750
$4.28
$6.67
car
$22,000
$34,275
$53,400
house
$275,000
$389,000
$607,000

At 3% inflation, savings must earn 3% just to break even.

Learn how to make your money work for you: