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    in need of help regarding taking out retirement as a widow

    yes i do, for now being the circumstances. and I am not working at the moment but have been up at 7am every morning checking job sites. this area took a huge hit in the market, 3-4 years ago this house was upraised at 850k... now its about 4-450 if were lucky
  2. G

    in need of help regarding taking out retirement as a widow

    thats what her tax lady told her.. anyone with 200k in their hand is considered a big timer. so there really is no way around taking this money out and putting it straight into property is there? other than taking it out gradually, which we were told was something like, if we took out 2k a...
  3. G

    in need of help regarding taking out retirement as a widow

    yes, I think thats the case.. not 100% sure though Yes that is correct. Her income is from her job and from a rental property. both of which only bring about $1900 a month total
  4. G

    in need of help regarding taking out retirement as a widow

    it is so confusing we aren't even sure. Its through TIAA, if that helps at all. I can find out for sure though later if TIAA means nothing. there is also about another 900 total coming in from two rentals that we have. we really don't want to sell the house. we have been here 25 years...
  5. G

    in need of help regarding taking out retirement as a widow

    sorry if this is the wrong section.. to be brief.. my father passed away a couple months ago at 65, my mother, now 54 only makes 1000 a month, and the house payment is around 2k, with another 1500 in other expenses. so thats about 3500 we need minimum, monthly. there is approx 490k in my...
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