How to Turn Your TSP Into a Monthly Paycheck in Retirement

You as a federal employee are extremely blessed.

You have three paychecks in retirement.

You have your pension, Social Security, or the supplement.

the first supplement, which we've got videos on that if you wanna know more, and then the TSP helps fill the gap.

But how do you actually, let's say for example, let's say your income is this, your pension's down here at the bottom, you have social security, but let's say you want to have income of this.

How do we fill this gap here with TSP? That is what we are gonna hit Today, now there's three ways to actually take money out and practically make this happen.

You can do an installment, which is simply a recurring payment.

Say, hey, TSP, send me 1,000 bucks per month, or whatever it is, you have that option.

And you can do quarterly, you can do annual, you can adjust the amount, you can stop and start.

These are very flexible.

Installment payments are very flexible, which is very, very nice.