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As the housing market began to slide three years ago, my wife and i also began to sense that we were losing our alternatives. As people lose the value they always believed they had in their homes, their options in the incredible to qualify for loans begin to freeze up actually. The worst part for us was, they were in the real estate business, and we got our incomes begin to seriously drop. We never imagined we'd have collection agencies calling, but call, they did. In the end, we in order to pick one of two options - we could apply for bankruptcy, or there was to find tips on how to ditch all the retirement income planning we have ever done, and tap our retirement funds in some planned way. As you might guess, the latter is what we picked.
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