Comments on: Tapping Into 401(k) Money Before Retirement Made Easy http://www.theretirementpros.com/blog/2008/09/24/tapping-into-401k-money-before-retirement-made-easy/ Retirement Planning Blog Topics: Social Security, Investments, Safe Money advisory, Retirement Video Seminars Tue, 6 Jan 2009 14:00:40 +0000 http://wordpress.org/?v=2.6.2 By: financeblogger http://www.theretirementpros.com/blog/2008/09/24/tapping-into-401k-money-before-retirement-made-easy/#comment-175 financeblogger Fri, 17 Oct 2008 22:26:19 +0000 http://www.theretirementpros.com/blog/2008/09/24/tapping-into-401k-money-before-retirement-made-easy/#comment-175 Shelby, What a great discussion of the blatent self serving attitude of FINRA, and The brokerage community of third party administrators who restrict typical qualified plan participants with few effective options to the typical high risk products offered by the plan . Even the low risk alternative still have serious risk It is called the risk of not keeping up with inflation. financeblogger Shelby, What a great discussion of the blatent self serving attitude of FINRA, and The brokerage community of third party administrators who restrict typical qualified plan participants with few effective options to the typical high risk products offered by the plan . Even the low risk alternative still have serious risk It is called the risk of not keeping up with inflation.

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]]> By: owen archer http://www.theretirementpros.com/blog/2008/09/24/tapping-into-401k-money-before-retirement-made-easy/#comment-170 owen archer Mon, 06 Oct 2008 22:31:17 +0000 http://www.theretirementpros.com/blog/2008/09/24/tapping-into-401k-money-before-retirement-made-easy/#comment-170 I have a pension plan with the prudential,which i should never have started.Most of my working history is agency work,and now at age 47 i am currently out of work.My mortgage is 31 thousand,and i would like some advice into somehow unlocking this money.My partner and 2 children would be better off if say we could get this money unlocked,and put 20 thousand on the mortgage leaving 11 thousand to pay off.That would take the stress of us imencely,and allow me to take a low paid job.My accedemic skills are not high,and i would feel more at ease taking a low paid agency job around derby where i live.My house needs new windows and i cant get a loan in the present climate.And i want to carry on my driving lessons in aid to getting a cheap car.That would give me more opportunity to get more work.I know there are strict rules governing pension schemes,but i feel i was badly advised to take out this plan in the first place.I know you guys can help me somehow with getting out of this mess,and i dont mind paying a small fee to unlock the 28 thousand.I am not daft,i know i will need a sum of at least two hundred and fifty thousand to build up a half decent pension pot.You can see that at age 47 and all the stopping and starting up this scheme when work is available is pointless.My property is the better investment! I am a songwriter in my spare time,so i am slowly building up a portfoilio with various artist.I also know there is no gaurentee with success in this field....If possible can you give me a list of checkable companies in the uk that can help me.Or should i go down the legal route about the badly advise situation? Even if i get work i wont be able to afford a loan and payaments,my partner kerry works 13and 1/2 hour a week as a school dinner lady.My oldest child is 15 and 14.What do you suggest? I have a pension plan with the prudential,which i should never have started.Most of my working history is agency work,and now at age 47 i am currently out of work.My mortgage is 31 thousand,and i would like some advice into somehow unlocking this money.My partner and 2 children would be better off if say we could get this money unlocked,and put 20 thousand on the mortgage leaving 11 thousand to pay off.That would take the stress of us imencely,and allow me to take a low paid job.My accedemic skills are not high,and i would feel more at ease taking a low paid agency job around derby where i live.My house needs new windows and i cant get a loan in the present climate.And i want to carry on my driving lessons in aid to getting a cheap car.That would give me more opportunity to get more work.I know there are strict rules governing pension schemes,but i feel i was badly advised to take out this plan in the first place.I know you guys can help me somehow with getting out of this mess,and i dont mind paying a small fee to unlock the 28 thousand.I am not daft,i know i will need a sum of at least two hundred and fifty thousand to build up a half decent pension pot.You can see that at age 47 and all the stopping and starting up this scheme when work is available is pointless.My property is the better investment! I am a songwriter in my spare time,so i am slowly building up a portfoilio with various artist.I also know there is no gaurentee with success in this field….If possible can you give me a list of checkable companies in the uk that can help me.Or should i go down the legal route about the badly advise situation? Even if i get work i wont be able to afford a loan and payaments,my partner kerry works 13and 1/2 hour a week as a school dinner lady.My oldest child is 15 and 14.What do you suggest?

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