Every cruiser has to solve this dilemma for themselves based on their own needs and circumstances. Our solution isn't right for everyone but may give you some ideas.
Our boat is 42 ft but is a double ender so dinghy davits are more difficult and expensive than we wanted. It is also, like yours, a cutter
rig with not much room on the foredeck. We chose an air floor inflatable dinghy with a small outboard motor (3.5 Tohatsu).
When costal cruising we choose settled weather
and tow the dinghy with the motor on a bracket on the stern rail. For longer passages or in case of rougher weather
we deflate the dinghy and stow it below. That is why we chose the air floor type which can be rolled up and stowed in less space than any RIB. It is light enough to easily be dragged up a beach. With the small motor we bought we don't go fast. It may get on a plane with just one person on board but not with groceries or more than one adult. We're usually not in a hurry. We have a Garhauer lift
for the motor.
You will make your choices based on your needs, space, and budget
. Lots of different ways to get out there cruising. Happy and safe sailing.