This is a perfect example of an "it depends" answer.
How much income do you have?
Where is the money coming from?
If money is from taxable, what's the cap gains? Long or short term?
All other things equal, maybe consider pulling money that will someday become RMDs.
If you're pulling from a 401k/tIRA account, it's pretty easy to figure out the tax bracket you'll pay taxes in. Obviously, pulling out $300k, you're going to be feeling like you're in the prison shower. Instead, taking $60k for 5 years, it'll be more of awkward stares in the prison yard, but for every year.
Taking from taxable, if you have some investments that don't have big gains, they're not going to generate a lot of cap gains and taxes.
Heck....if you have savings bonds, there's no state income tax and fed tax will be only on the interest. (I have a lot of savings bonds).