With 40% of respondents expecting to live 25 or more years following retirement from full-time employment, the need for sound retirement planning is clear.

A majority of respondents expressed confidence in both their ability to choose the appropriate investment funds to meet their savings goals, and to replace their pay in retirement.

Investment Decisions Pay Replacement Confidence

Although the importance of the TSP as a source of retirement income is different for Civil Service Retirement System (CSRS) and Uniformed Services participants than it is for Federal Employees' Retirement System (FERS) participants, the TSP continues to be a major source for all respondents, with 75% ranking it within their top five sources of expected retirement income – higher than any other source.

Ranking Retirement Sources