 I quit, day job..., Time to take the bull by the horns |
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| TravisNeff |
 May 24 2005, 06:25 PM
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#21
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914 Guru  Group: Members Posts: 5,082 Joined: 20-March 03 From: Mesa, AZ Member No.: 447 Region Association: Southwest Region 
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It all comes down to this, Miles...
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| redshift |
May 24 2005, 06:26 PM
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#22
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Bless the Hell out of you! Group: Members Posts: 10,926 Joined: 29-June 03 Member No.: 869 |
LMAO!
I feel fast... It's a floater... must be Nike AIR.. M |
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| 9144guy |
May 24 2005, 06:46 PM
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#23
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Member Group: Members Posts: 253 Joined: 26-February 05 From: tulsa,ok Member No.: 3,672 |
i work on porsche all day..every day, even in my sleep. im sick of it, i went to welding school for 3 years and became a supivisor over 2 cnc lasers,2 waterjets,1 lave and a cnc drill press , and welding dep. it was ok , but this isnt my calling,( i dont know how to find it)...i need to be one of the guys that bring the porsches to my shop, that can afford it...
i love building race cars ,been doing it since i was 14 on a dirt circle track |
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| TravisNeff |
May 24 2005, 07:38 PM
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#24
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914 Guru Group: Members Posts: 5,082 Joined: 20-March 03 From: Mesa, AZ Member No.: 447 Region Association: Southwest Region
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I hear what you are saying. Sounds the same for your car stuff as I feel for my IT stuff. However, must not be too bad because you still hang around here, heh. |
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| MoveQik |
May 24 2005, 10:32 PM
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#25
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What size wheels can I fit? Group: Members Posts: 4,645 Joined: 5-April 05 From: Scottsdale, AZ Member No.: 3,881 Region Association: Southwest Region  |
Absolutely cash out the retirement stuff as a last resort. The MAN kills you on that. It's ashamed how they will take so much of what you have worked so hard to save. But obviously, you gotta do what ya gotta do. Good luck on landing in the right spot. I'm not a fatalist but my wife is. She always tells me things happen for a reason. Maybe she is right. I'm sure when you least expect it you will find what you are truly looking for. Good luck. (IMG:http://www.914world.com/bbs2/html/emoticons/beerchug.gif) |
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| bmcwilli |
May 25 2005, 04:44 AM
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#26
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Member Group: Members Posts: 133 Joined: 28-April 05 From: Chapel Hill NC Member No.: 3,998 |
I am sure that you have spoken to your CPA, but if not, do so re: the retirement fund. There are ways that you can borrow against a 401K or other fund. Yes, it's still debt, but maybe you can construct things so that your cash flow works, and you don't have to liquidate all your rertirement savings.
You end taking a secured loan against the fund (usaully up to 50% of fund value), in some cases the interest is deductible. Get some savvy help, as there are lots of scenarios to consider. The penalties on an outright cashout are ruinous, and you may be able to do yourself better. OTOH..there is a real value in flushing debt. Main thing..TAKE YOUR TIME Good luck |
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| AZ914 |
May 25 2005, 09:49 AM
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#27
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914 Dumbass Group: Members Posts: 1,459 Joined: 6-January 03 From: Sunny Tucson Member No.: 98 Region Association: Southwest Region |
Travis,
Good luck to you! Takes guts to up and walk... Were you with the City of PHX or AZ Dept of Water Resources? (have a friend with them) |
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| TravisNeff |
May 25 2005, 09:58 AM
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#28
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914 Guru Group: Members Posts: 5,082 Joined: 20-March 03 From: Mesa, AZ Member No.: 447 Region Association: Southwest Region
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Michael, I am starting to believe things happen for a reason these days. Have to put a little faith into something.
Bryan, I already have a loan against my 401k so I cant take out another. However, if I roll my 401k it would eliminate the loan I have and then I can borrow 1/2 of what is left - that is still an option. Jason, I worked for an engineering/consutling firm - we were working with the city of phoenix water dept. |
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