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Understanding Funds for your TSP and 401k (with Daniel Kopp)

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Understanding Funds for your TSP and 401k (with Daniel Kopp)

 

Saving for your retirement is important. Many times people put off making decisions because they don’t know or aren’t sure. One part of the delay could be because you may not understand the difference between an index fund vs a mutual fund vs an ETF. 

 

My guest today is here to break down the differences, their uses, and some best practices when it comes to understanding funds. 

Daniel Kopp is a fee-only, fiduciary financial planner and founder of Wise Stewardship Financial Planning where he helps young widows and widowers, as well as servicemembers, get their financial lives in order by aligning their money with their values. He is also a fellow Air Force veteran.

 

This is a great show to understand the different types of funds for your TSP to save for your retirement and it’s also a great show for experience savers to review the whole fund playing field. 

 

Understanding Funds for your TSP and 401k Episode Details

 

  • A break down of all the different types of funds
  • The uses for different types of funds
  • The difference between stocks and funds
  • The pros and cons of the different types of funds
  • Brokerage vs tax-advantaged accounts
  • Where you can learn more and get help with saving for retirement
  • TSP helps options
  • Common mistakes to avoid
  • Resources that can help

 

Understanding Funds for your TSP and 401k Resources

 

 

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Disclosure

 

These notes may contain links to our affiliate products or services which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.

Category
Invest
Tags
retirement