Federal retirement expert, Chris Kowalik, shares the advantages and disadvantages of the Lifecycle Funds (L Funds) within the Thrift Savings Plan .   Key take-ways: What are the Lifecycle Funds -- and how are they different than the other funds in the Thrift Savings Plan? Some important challenges of the L Funds How the mixture of investments in the L Funds changes over time What rate of return investors in the L Funds can expect How L Funds work in the Traditional TSP and Roth TSP Listen to Chris' other podcast episodes or read the transcript on My Federal Retirement