I start COBRA in 4 weeks. I cannot afford it. That means unless I have a job with benefits in four weeks I have to cash out my retirement which has lost 70% of its value. Then I have to pay a 10% penalty on it and 28% in taxes on it.
I went from being able to live for 2-3 years if I had to cash out to a little more then 6 months. On a retirement plan I have been saving for 20 years.
I don’t want a handout and I don’t want anyone to pay for me. I want a job.
Man, do I hear ya. Hubby is seriously considering going to Iraq for a 1 year hitch to work in HVAC over there. Life is gonna get rocky......Best of luck to you, and prayers up.