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@5dmkiii Diminishing returns. A car that costs $10k is much nicer than a car that costs $5k, and one that costs $15k is considerably nicer than one that costs $10k. Above that it plateaus quickly. Put a 2019 Hyundai Sonata with 40k miles (~$18k) next to a $25k Camry. What's the difference? They...

@5dmkiii I actually encountered this in 2009 as well, and bought a new sedan. The lower cost of maintenance, better mileage, and better resale value offset the higher insurance (did that math in 2018). However, that's in a very limited price range around $10-18k. I wouldn't encourage junior...

@elizamurr Also, people who are medically retired would have different math.

@resjudicata Yes, TSP offers another tax shelter of last resort, but people here frequently make comments like the above. Yes, the fees are a small difference, but there aren't many big differences left in retail brokerage. Why choose a fund that's not in the top dozen performers and a...

@misty2009 I've always asked why people like TSP. Lots of great brokerages/IRAs are zero fee (e.g. Schwab) with far better service and infinitely more choices. Funds like VTI are 0.03% or below, while TSP is 0.05-0.07% and underperforms. I use TSP after my Roth IRA and 529, but that's because...

@mudhen Yet another reason I've never understood people being so pro-TSP. If you know enough about investing to have this discussion, you probably know enough to consider more than 6 investment vehicles.