Real cost of full timing

If your company retirement "account" is like most "retirement" accounts, do not take the money out yourself, i.e., payable to YOU unless: 1. it is the only way to get it, or 2. you don't mind having to pay Federal income tax on the full amount (and possibly state taxes as well). There is a 60 or 90 day grace period (don't remember) if you do take the money directly to stash it in another retirement account. Instead, recommend a Custodian to Custodian transfer, the money does not come to you and is therefore not taxable at this time. Any first-rate investment company will be glad to help with this. I recommend using Vanguard. You can call them and determine your options with no obligation. Disclaimer: I have my retirement funds with them.