I mean, it's no secret that I was going to cash out the old 401k to finance this proposed business. I've been talking about it for over a year now, at least. Giant loans can come later when I can show revenues and no need for complicated forms that I have no current info for, for future projections.
I mean, I don't feel bad or have any reservations about the fact that I just cashed it out today. Electronic transfer, it should be in my bank in the next 2 or 3 days. Well, next week since tomorrow is Friday. But it's done and it's all there. I don't trust the stock market right now, not with the finances that were intended on starting up this business. My current 401k - is getting up there quickly anyways. Dumping a lot of money into it every paycheck, it's almost at what I just cashed out of the old one. Imagine taking only 4 years what it took almost 12 to get the same amount of money.
Oh that I would have started into this hazmat business long ago. But, I wanted a local job back then and I was around for my son while he was growing up.
But yes, I did put in the request for complete cash withdrawal. The government will get a fine paid to them for me saving my money and deciding to use it before some "time frame" the government decides it should be. It's bad enough that I pay copious amounts of money into Social Security, why does the government have the right to fine me for taking my money that I have saved out of my account before a required age? What stake does the government have in this? NOTHING.
Yet, I knew that going into this and it's whatever. I need the money and I need it soon, not years from now. I'm hoping this venture will finance my retirement. There's risk here, of course. Any business venture has risk. But not that much risk. If the RV park idea fails, the single wide mobile homes rented out will work, guaranteed. It's not even a guess. But them cheap, fix them up, rent them out. I'm not living in a dream world with any of this. I had 130k with this and the current 401k combined. It's not even close to enough to retire on. Maybe some day
The Phoenix property is a retirement fund. It will sell for a good price whenever I decide to do that. I'm not retired. I'm not even close to it, frankly, I'm still 5 years off from the minimum age to collect SS. I"m just not throwing Mark off the property - he's faithfully tended to it for the 7 years since I left there. He fixes everything, or has it fixed if he can't, he rents out the rooms, I'm just not going to sell the place and throw his ass out onto the streets. That's where he'd end up. There is literally nothing in the area "cheap". The whole entire area for miles around it has had housing prices escalating to ridiculous levels.
I'm doing this. Whatever the first product turns out to be, it is done.
Tomorrow I will be over that at 9:00 am to discuss power with Swepco engineer and then I will be measuring and marking the area that needs cleared. And attempting to decide what trees will stay and where. The "and where" part will make it more tedious, the lots will have to be marked out so I can determine what can stay. However, if the contractor says you can't keep the trees because I want it leveled, they will all come down and I will just have to plant new trees and that's that. I've mentally prepared myself for the idea that level lots are far more important than a bunch of trees.
I'm done. It's getting my normal version of late at 10:00 pm, versus the 4:00 am, 3:00 am and 1:00 am stuff I did the last 3 nights. This idea of keeping trees and measuring lots will be mentally challenging and wading through the brush and all of those thorns and potentially more hornets - not going to make it any easier.
Anyway, I'm off to never-never land. My dreams of late have been strange. Interesting, but weird.
G'nite.
