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Big day: Withdrawing the remainder of my retirement funds

orig_long redorig_long red Posts: 2,029
edited March 2010 in All Encompassing Trip
While i was working as an accountant in my old life, i accumulated a decent amount of money in a mandatory retirement fund. Now, 2 1/2 years after leaving that life for the life of a journalist, I am withdrawing the last of my funds.

I figure, I need it NOW ... who knows if I'll ever get to retire?

Fuck it.
Jam out with your clam out.
Post edited by Unknown User on

Comments

  • DissidentmanDissidentman Posts: 15,378
    who could argue, you're the accountant...

    Enjoy it!
  • FrannyFranny Posts: 2,054
    well can't take it with you when you're dead....so go for it........ :lol::lol:
  • JoJo Posts: 2,098
    Yep, fuck it. You need it now. Most people don't have retirement funds...we're all fucked.....just make sure you share your PJ concert experiences so we can all be the more richer while we're alive. :D
  • know1know1 Posts: 6,794
    Most people really don't have retirement funds?
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • SPEEDY MCCREADYSPEEDY MCCREADY Posts: 25,477
    know1 wrote:
    Most people really don't have retirement funds?
    Yeah, I kind of scratched my head too, when I read that.
    Take me piece by piece.....
    Till there aint nothing left worth taking away from me.....
  • decides2dreamdecides2dream Posts: 14,977
    long red wrote:
    While i was working as an accountant in my old life, i accumulated a decent amount of money in a mandatory retirement fund. Now, 2 1/2 years after leaving that life for the life of a journalist, I am withdrawing the last of my funds.

    I figure, I need it NOW ... who knows if I'll ever get to retire?

    Fuck it.



    you sure you want to do that? honestly?
    will you get hit with a big tax penalty?
    just something to think about.
    of course, as a former accountant i'm sure you thought of these things....but growing up with accountants and working for em...i just can't help but ask. ;) we all need money now, everyone can always use more....but unless you REALLY need it....i'd try and keep it invested.

    just my 2 cents.
    kudos to you for chasing your dreams long red.
    Stay with me...
    Let's just breathe...


    I am myself like you somehow


  • justamjustam Posts: 21,408
    SPEEDY MCCREADY wrote:
    know1 wrote:
    Most people really don't have retirement funds?
    Yeah, I kind of scratched my head too, when I read that.

    Me three.
    &&&&&&&&&&&&&&
  • bry321f11bry321f11 Posts: 326
    long red wrote:
    While i was working as an accountant in my old life, i accumulated a decent amount of money in a mandatory retirement fund. Now, 2 1/2 years after leaving that life for the life of a journalist, I am withdrawing the last of my funds.

    I figure, I need it NOW ... who knows if I'll ever get to retire?

    Fuck it.

    Being an accountant myself, just remember that your taxed on what you withdraw
  • Phantom PainPhantom Pain Posts: 9,876
    I just started contributing to my company's ESPP (Employee Stock Purchase Plan)

    You can "donate" up to 10% of your pay

    I'm doing 4% and we get the company stock at a 15% discount

    Plus, contributing to my 401K plan....my pension where I work is a joke so have to find other means
    My drinking team has a hockey problem

    The ONLY thing better than a glass of beer is tea with Miss McGill



    A protuberance of flesh above the waistband of a tight pair of trousers
  • sweet adelinesweet adeline Posts: 2,191
    does the plan allow for loans? if the plan allows for loans, you can typically take a loan for 50% of your vested account balance or $50,000 whichever is less. might be a better choice.
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