TSP Millionaire Count Nears 200,000

On average, those with at least $1 million in their accounts—which in some cases includes rollovers from retirement savings plans of prior employers—have had TSP accounts for 27.8 years,. Image: Vitalii Stock/Shutterstock.com
By: FEDweek Staff

The number of TSP account holders with at least $1 million on investment finished calendar year 2025 at just under 200,000 after increasing by about 37,000—to 194,722 from 157,760, to be precise

Changes in the millionaire count to a large extent reflect performance of the stock-based funds, which boosted the total assets on investment by about 10 percent on the year to $1.07 trillion (see related story).

As of the end of December, there were 7.28 million account holders, including both federal and military personnel and those who have retired or otherwise separated and have kept their accounts in place.

Over the course of the year, the number of investors with between $750,000 and $1 million increased by about 14,000 to about 137,000; the number with between $500,000 and $750,000 by about 20,000 to about 267,000; and the number with between $250,000 and $500,000 by about 23,000 to about 617,000.

On average, those with at least $1 million in their accounts—which in some cases includes rollovers from retirement savings plans of prior employers—have had TSP accounts for 27.8 years, while those in the next three categories down have had them for about 24, 22 and 19 years on average, respectively.

The largest single account balance as of year-end 2025 was $9.96 million; the largest at year-end 2024 was $9.34 million—possibly the same person.

Timing vs “Time-in”

Successfully managing your TSP is not about reaching a specific millionaire status; it’s about implementing and adhering to a strategy that maximizes your potential growth while minimizing the risks associated with emotional decision-making. The real battle is between a disciplined, long-term plan and the urge to “guess” the market by reacting to short-term news.

Federal employees who achieve financial security—whether their balance is $200,000 or $2,000,000—follow the same core principles. They focus on process, not predictions

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