Hi mom has a low six figure TSP balance, currently at the age of 59. ideally we won't withdraw it until she's 62 or need a big withdrawal for some other reason. Right now it's sitting in cash only.
Since it's about 140k, I"m wondering if there are TSP options that I can invest it in so that it grows over the next 2 /3 years atleast a little bit. Not looking for any crazy returns, I just want it to be safe and nothing risky.
I believe I've read on here that short term T-Bills are pretty safe and guranteed right now? No idea if I can purchase through TSP though.
Curious what ya'll would do / recommend.
Also part of me wants to Yeet it into Crypto, since regardless I will be taking care of her financial needs once this money runs out and if she ever has financial difficulty.
Submitted March 17, 2023 at 12:59AM by mustafarian https://ift.tt/5A34c0b