Hey all, just a basic question. My situation is thus, I have a tax deferred IRA of $1,000,000.00 and also $300,000.00 in cash in bank. Recently visited a FP who advised me to purchase a $500,000.00 Jackson Variable Annuity,hold for about 5 years which would earn 5% then start to withdraw from it., while using my cash ($3000) month to live on to add to my SS and small pension.My question is is it better to go through all this already taxed cash or start drawing from my 1 million IRA?