A will is nearly always a good idea, if only because it sets out your wishes and doesn't leave anyone wondering. Also, you may eventually have other assets that you want disposed with a minimum of squabbling. You'd be surprised how many families get into fights over the china. Currently, I'm not taking anything out of it because my husband is working, but due to physical problems he may have to quit in 2 years or so. We have 110K in T-bills also aside from my Ira.
Technology traditionally rallies in the fall.
Why not wait a bit and see how you feel if the market rises. It's great, as long as you address the problems that made you too far in debt. In other words, make sure you don't find yourself with too much debt and a home equity loan three years from now. John, We are moving in about two years to a bigger house. We can accept risk.