Redbugdave
Thinks s/he gets paid by the post
No, I have never lived in Texas. However, I live in rural SC and it is much the same. It's the best lifestyle in the country...where things are slow and people still wave from the road.
Yeah, that...plus the fact the place is filled with Texans.Insects, humidity, hot temperature in Texas -- that must be the reason that cost of housing is so affordable there?
Yep. We have to make sure the car windows are closed tight unless we want a lot of little critters in the car the next time we get in it -- right now, mostly crickets and grasshoppers. Those things are everywhere. The bugs are terrible this year with all the rain we've had. Last year wasn't bad because of the drought, but this year...oy.We all wave in my little town in East Texas, but the problem is that you can never tell if someone is waving away bugs, wasps, mosquitos and grasshoppers or if they are waving at you. Even in the car . . . leave a window cracked when you go in a store (just 1/2" will do it), and all of the waving starts as soon as you go down the road a bit because the car has at least 5 insects with wings that you didn't see when you first got in. I hope SC doesn't have as many bugs and varmints as we have in Texas.
About the IRA question...a person could switch the 401 to IRA, then start taking equal distributions before age 59 1/2 without penality? Is that right?
Martyb...I live just south of Columbia. I am also going to hit the big 50...in late December. We are pretty much the same ages. My MRA is 56 years under the FERS plan, and will have 33 years total time in by then, (I bought my military time way back when). The house has been paid off for several years...and my wife and I have been investing and living fairly simply. Mainly saving to buy some acreage, (out in the boonies), in the lower part of the state and moving down there when the magic time comes. Good hunting, fishing, and lotsa snakes!
Rockingham is a great area, also. I go up to Cheraw now and again to see friends, (just south of Rockingham). That area is growing and changing, though. A lot of furners moving in...some talk funny, (jersey) and some migrating from florida...
MegaCorp...Good question about inheritance...