Whatever you do, take no debt into retirement. Estimate your living costs going forward, add in a bit of cushion. Remember 500K today will not be worth 500K in 20 years, probably will have a purchasing value of less even with dividends or interest accumulated.
What I did is leave my 401, IRAs alone. Living on pension. The big kicker is I am in good health. That is why I left my 401 and IRAs alone, they are my fall back if my health goes away.
Good luck
“The big kicker is I am in good health.”
Nailed it.
Freedumb does not know what a disastrous future lies ahead of him.
The number one job of divorce attorneys is to find out the total value of all assets. Then drag on divorce proceedings till everything is gone. And I mean everything.
Then as we enter into retirement age - health problems escalate.
Oh well. Millions of people subside on Social Security and Medicare.