The Thrift Savings Plan is meant to be a retirement investment. When investing with the TSP, you should have a long-term outlook. That being said, it's still essential to want to make the most money as possible with it. The secret to making more money with your TSP is to START NOW!
Time is the single most important variable on determining on how much you saved in retirement. The sooner you start, the more you will have when you retire. Most people wait for an arbitrary time to start saving money or dieting or making a positive lifestyle change. The more time they wait, the harder it will be to achieve their goal.
The next time you are at your work computer, log into your Mypay (https://mypay.dfas.mil) account and increase how much you are currently saving. If you are investing in the Traditional TSP, then up your percentage by 1% and then in a month or six months see if you can increase it by another 1%. If you are investing in the ROTH TSP, then increase it by $25 or $50 a month and then in a month or six months see if you can increase it by another $25 or $50. If you don't know the difference between the traditional or ROTH TSP, then read my article I've written: Traditional TSP vs. ROTH TSP.
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