U = Uniformed Services

Think about the kind of life you expect to have in retirement, how long you expect to be in retirement, and what your income needs might be.

  1. Start by estimating a percentage of your current annual income that you think might sustain you in your retirement years.
  2. Then determine the extent to which you expect to rely on your TSP account for that income.

Your TSP account may be your main income source or it may be one of several sources that could include a pension, an annuity, an IRA, your Social Security payments, or other savings. You should consider all of your income sources when determining what role your TSP account will have in meeting your retirement needs.