heritage":3nov9ztk said:
OK, so seriously contemplating some HUGE financial changes... just not sure the logistics of it all. What happens if you pull your retirement? I know there are penalties and all. (We have a small Roth IRA ($4K maybe?) and a 401K that has a decent sum of money... nothing huge, but nothing I want to lose either). Where do you put it? In a tin can in the backyard? Fireproof safe in the basement? Also, how much should we "invest" in things to make a hard life easier? Like a woodstove, hand pump at the well, etc. If alforddm would prefer I can start a whole new thread... but I want/need some guidance, if at all possible. Firearms a must - but what kind? What ammo is best? I feel so clueless, and helpless at the same time! :x
Do yourself a favor and don't jump before you look. Talk to your 401K person and get solid info on the penalties and tax repercussions. If you decide to take the hit, I would detail the items you think you need, and take out what you need to cover those. Start there, and after those things are in place, se if you need to do more.
Think logically, and not out of a sense of fear. To me, priorities are: water (obtainable in some form without electricity- this could be a hand pump or access to some springs with constant water); food (and the ability to grow more- seeds, canning equipment, protein source(s), a way to cook it (again, without electricity); heat source for the winter (again, no electricity and with thought to a continuing source for fuel for it); personal protection (firearms for protection and for hunting, along with adequate ammunition and tools to keep them working) and a way to provide for the animals that are your protein source. Just below that, again to me, are clothing, personal hygiene, medical supplies, and tools (garden tools, hand tools, and the like).
Personally, I think that if these troubles come during my lifetime, you will see a localized barter system spring up. Some people will have thought of A but not B, and others vice versa. Trading will become a way of life. I believe that those of us here raising meat type rabbits on any kind of a decent scale will have a tremendous barter advantage. So, I am not terribly worried if we are overlooking some items here or there.
Two winters ago, we had a bad winter storm, and were without electricity for over a week. Other than missing my TV shows, we were fine- we were warm, we ate well, and our animals were well cared for. Prior to that, back when Hurricane Andrew hit, we were without most basic services for four months- I learned a lot from that experience, and have brought those lessons forward. I have blueberry muffin mix and chocolate pudding in cans in my pantry.