NYCgrrl wrote:
Too many variables not mentioned.
My suggestion?
Hire an accredited independent financial planner preferably one who is a CPA specializing in retirement.
YES!!!
No offense to anyone on this forum, but do you really want to base your financial decisions for your future on what a bunch of complete strangers say on the internet???
You need to discuss this decision with a person who has the provable skills and knowledge to help you make the right choice for you. Talk to people you know and trust and ask for recommendations on a financial planner, meet that planner and ask lots of questions about his/her background and practice. Answer that planner's questions and provide information as to what you want to see for your future. Then make a decision based on the data provided to you by that planner according to YOUR needs, wants, and fears.