As the real estate market began to slide three years ago, my wife we began to sense that we were losing our prospects. As people lose the value they always believed they been in their homes, their options in the incredible to qualify for loans begin to freeze up too.
The worst part for us was, that we were in the real estate business, and we were treated to our incomes start seriously drop. We never imagined we’d have collection agencies calling, but call, they did. Within end, we had to pick one of two options – we could register for bankruptcy, or we got to find a means to ditch all the retirement income planning we have ever done, and tap our retirement funds in some planned way.
As get guess, the latter is what we picked.
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