Nun borrows from herself.
Mar. 2nd, 2022 01:08 pmThis morning I applied for a loan against my 401(k) now that I've done the dance to prevent paper checks. Once that comes through, in 3-5 business days, I can finish my mortgage application. That's when I borrow the truly scary amount of money.
Ex expressed the worry that I might take too big a dent out of my retirement savings. I informed her that the IRS has limited me to what amounts to 2.5% of what I have. Hakuna matata. Besides, I can have enough cash on hand to pay the loan back by the end of the summer, easily.
Murphy's Law dictates that I may be in Florida with my mother when I'm finally ready to start house-hunting. I've told my lender and real estate agent.
Will I be able to travel for fun and/or throw some work to Dr. Faceknife this year? We shall see. I don't dare let myself get too hopeful.
Ex expressed the worry that I might take too big a dent out of my retirement savings. I informed her that the IRS has limited me to what amounts to 2.5% of what I have. Hakuna matata. Besides, I can have enough cash on hand to pay the loan back by the end of the summer, easily.
Murphy's Law dictates that I may be in Florida with my mother when I'm finally ready to start house-hunting. I've told my lender and real estate agent.
Will I be able to travel for fun and/or throw some work to Dr. Faceknife this year? We shall see. I don't dare let myself get too hopeful.