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Hello all, I am planning to take 50K out of a 401K I got in a divorce settlement to pay off debt, and yes I know what a hit it is going to be, but really have no choice... It was his 401K and I will still have about 150K left. I will also be getting about 250-300K from a pension in a few...

reply to everyone thanks to everyone who welcomed me! I should clarify that I sure did sound stupid, maybe beyond stupid!! I have been working on the short sale deals for about a year. I have been separated for a year or so, so it wasn't a knee jerk reaction to freedom.... thanks for that...

Thanks for the heads up about the "Hi I'm" section. I did that. Like I said I am really new--- two days---- into looking at my options. I made the offer of the rental agency property in February. It is a short sale in a high traffic resort area. There are lots of properties for sale but...

Hi everyone! I am new to this world of finance after being married for 16 years relying on my X for socking away cash for our "golden" years. As I am grateful he did I now find myself responsible for taking control of my part of the settlement which is coming any time, now. I will have...

Hello, I am very grateful to have found this site! Thanks to everyone who reads and participates. I feel like a drowning person who doesn't know what to do with the life preserver!! :) I have a two part question.....I got a divorce about a month ago and will be getting the 401K and...