My company is offering an early retirement package to those of us who are 60. The message is, take it or risk getting fired later with nothing. I live in an at will state.
The company has already fired a bunch of people younger than us old-timers, to reduce payroll, so we see the writing...
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Bankruptcy after Retirement: Ch 7 or Ch 13?
My dad, who is in his late 70s, has gotten himself into too much unsecured debt. He has assets, which are all in retirement accounts (IRAs) and investments (stock). Also a house, under a mortgage but not (thankfully) under water. About 1/3 of the debt is an unsecured loan is left over from a business...Last edited by tess_bk; 06-27-2012, 09:15 PM. Reason: Correct the # of years ago I joined this site! Thought it was 10 but it was only 6.
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Dying with debt: A dirty little retirement secret
November 22, 2010
Retired Americans are racking up credit-card debt like never before, be it for vacations or medical expenses, and a surprising number have no intention of paying it off before they die.
Nearly 40% of retired Americans said they've accumulated credit-card...
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Roth IRA vs. Traditional IRA w/tax refund ch 7
My husband and I have about $15,000 in the bank and most of it is from our 2009 tax refund. We just closed our small business so the deductions we had for the business helped us get this large refund. We are filing ch. 7 in April and are above the median income but passed the means test. Should we...
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NEVADA EXEMPTIONS - Retirement Plan Questions
I used exemptions from the NOLO book for Nevada & had some problems at my 341 meeting. I need to re-submit a corrected Schedule C and am having some difficulty figureing out which exemption I should be using.
http://www.leg.state.nv.us/NRS/NRS-0...l#NRS021Sec090
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