Go to your SS office. They have data to help you make a choice.
Realize when you retire, you and your spouse will be on a fixed income, other than investments, pension, if you still have one, to supplement your income.
A good financial planner is a must. Go to a fee-based planner, since they charge per hour vs a percentage of your assets.
Health is a major issue as always. You have to have adequate health insurance since anything major can drain resources quickly.
Debt? Pay off what you can and seriously look at your long term debt, because when you retire, all things stay the same, utilities, taxes, food entertainment, etc. and your income is fixed.
Lastly, when my wife and I went to our 50th class reunions, different years, we held a moment of silence as the names of our classmates who had passed away were read. Friends who we went to school with, many from elementary to senior high school no longer with us. Sobering for the both of us, unspoken at the time, but a serious consideration as time goes by.
Do your homework, make your decisions and don't look back. Lots of life ahead......
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