I would like to comment on how overwhelming today's market. Could be for

the first time home buyers and older home owners. Everyone that falls in

between who will have to use more Credit. In our personal quest to stay on top 

of the recession and dealing with the economic hardship. Who can afford to leave

 inheritance to our children?  We need to be more motivated so that we can face

 the hard days to come. We were told to safe for the rainy days, now wishing we

 listened is telling our kids the same thing.  Most Of us especially the elderly might

be looking into touching what are left of the IRA. Trying to get Out of debt, with credit

cards or to pay off what is left on the mortgage. While using your IRA to pay off your

 debt could be a very expensive way to fix a very great mistake. Because IRA's withdrawals

 are not taxable and you will be penalized for early withdrawal.  Depending on your asset, 

By New York state law IRA is protected from creditors. Speak with your creditors and see if

you can workout a form of payment. Most of the time they will be more then helpful. Keep

in mind of your personal living expenses. Most Of you would like to leave some kind of

 inheritance for your children and grandchildren. All your debts we are paid out of your estate

 anyway. You have earned the golden years, rest go enjoy the sand and sun.  

 BEFORGIVE TO YOURSELF AND OTHERS.