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Retirement funds offer less startup potential now

Tampa, Fla., small-business owner Tony Capobianco says he is lucky he was able to cash out $55,000 from his retirement funds when he did to buy an Abrakadoodle franchise because the economic downturn has limited opportunities for other entrepreneurs. "I looked at my retirement accounts and said, 'What would that be worth today?' It probably would be worth 38% to 40% less," Capobianco says. Tampa Tribune (Fla.), The (11/05)