you had 39 years to prepare for this scenario and the only solution you can come up with is raid your 401k or use food stamps. Based on that I don't see how you avoided having the govt pick up at least part of your tab
Right, been working since 1974, I have collected a total of 6 weeks unemployment since then, I'd hardly consider myself as a lazy loser who refuses to get a job and wants the Gov to pick up my tab for my entire existence..
Good advise but the Cobra coverage is $941/mth, yikes...
you had 39 years to prepare for this scenario and the only solution you can come up with is raid your 401k or use food stamps. Based on that I don't see how you avoided having the govt pick up at least part of your tab
He's not wrong. If you're in a situation where you're even considering touching your 401(k) after losing your job (especially immediately after), you did it wrong. Just needs a little more tact.What are you 9 years old? Stop being such a shit. You are acting like the wuss who kicks a man on the ground after he has already been pummeled. The lack of maturity is amazing. Tell your parents they should take your computer away until you learn manners.
Sorry to hear Butch. Don't touch the 401k if possible (other than to roll it over) and good luck finding a new job. Enroll in unemployment immediately... That is what it is there for.
What are you 9 years old? Stop being such a shit. You are acting like the wuss who kicks a man on the ground after he has already been pummeled. The lack of maturity is amazing. Tell your parents they should take your computer away until you learn manners.
He's not wrong. If you're in a situation where you're even considering touching your 401(k) after losing your job (especially immediately after), you did it wrong. Just needs a little more tact.
based on that info I hope you take it out of your 401k instead
I have never been a fan of COBRA. Go find a high deductible plan that is affordable.
Uh, he's been paying tax into those programs for decades. This is a situation where they are actually meant for, unlike the welfare and disability queens who make it a lifestyle.
I doubt at this point he could raid them enough to ever make up for the amount of money he's been taxed for them over the years.
you had 39 years to prepare for this scenario and the only solution you can come up with is raid your 401k or use food stamps. Based on that I don't see how you avoided having the govt pick up at least part of your tab
Your not understanding the whole picture, first off is my wife is disabled and needs 12 different meds, yea, I could have saved more and that's on me but the cost of her medical needs alone without insurance would eat alive any savings I had set aside and to answer your question, no, the govt has not "picked up" any of my tab excluding 6 weeks of unemployment decades ago, since we have no kids I had been paying 4-5K annually in income taxes, I'm not one of the ones who gets thousands back every year because they decided to pump out kids they could not afford.
and that's the exact reason those programs will never be able to be cut down. I understand using unemployment (don't think it should be there but I can understand using it). However someone who has worked for 40 years and has no savings and a small retirement fund is not paying a huge amount in taxes. One day after being fired he requires food stamps? Sorry if people see me as an ahole but something just doesn't add up to me
Kids cost way more then you ever get back, just saying.
you had 39 years to prepare for this scenario and the only solution you can come up with is raid your 401k or use food stamps. Based on that I don't see how you avoided having the govt pick up at least part of your tab
You're a fucking idiot. Stop posting.
Butch, don't even reply back to the troll.
Sorry to hear about your situation.
I realize life happens and things get out of control, especially when you get fired from a job. However I will not agree with the immediate use of welfare as a legit option until every other one has been exhausted
if your wife is disabled and unable to work can she not receive the assistance? I would think that should be your first step is making sure she is covered and provided for before you start raiding the savings you may have.
Kids cost way more then you ever get back, just saying.
very intelligent response but I am not a troll. You may not like what I'm saying but it is not trolling in any way
No, you're an idiot. Your stupid generalization that everyone should have emergency funds and giving Butch a hard time demonstrates how little you know about the real world.
The OP has the right to do whatever he needs to do to ensure his wife is able to continue receive her medications, medical care and still have a roof over there heads and food on the table. If you're not old enough or intelligent enough to understand the OP's posts, he looking at temporary means to hold him over til he's able to find new employment.
Now, go away.
No, you're an idiot. Your stupid generalization that everyone should have emergency funds and giving Butch a hard time demonstrates how little you know about the real world.
The OP has the right to do whatever he needs to do to ensure his wife is able to continue receive her medications, medical care and still have a roof over there heads and food on the table. If you're not old enough or intelligent enough to understand the OP's posts, he looking at temporary means to hold him over til he's able to find new employment.
Now, go away.
Wow, thanks for the support CC, I will have to admit I should have had more than $1200 has an emergency fund but as my wife's disease got worse and worse putting $$ aside was hard, she has Diabetes and Antiphospholipid syndrome which caused the arteries in her legs to get clogged, we never knew about the diabetes, she was always thin and active, in 2011 she had to have both legs amputated as there were no surgical options left..