Assume that I am in the 28% tax bracket now, does it make sense to withdraw $150K from my retirement funds instead of paying 9-10% interest on a loan which will affect my current cash flow. I am 68 and am expecting a windfall in 5-10 yrs so not worried about depleting retirement funds now. I tried to do the math but not sure if am doing it right.
Any advice appreciated.
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.