Financial question

  1. 61
    batikitposted 5 years ago

    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.