Yet.... Another Lump Sum vs. Monthly Pension

[augam]

Lump Sum 600k (August Payout) payoff vs 2k/month for life with 100% Spousal Support.

Will be 60 in August. If I go the pension route there is a 900/month supplement until August of 2022.

Lump Sum will more than likely be higher after August due to drop in interest rates recently.

 

[racy]

My personal opinion is this: If you can handle investing and control your expenses, then I'd say take the lump sum. That's because I prefer to control the money, not be dependent on the health of the company paying the annuity. Others will give you alternative advice.

 

[ownyourfuture]

My personal opinion is this: If you can handle investing and control your expenses, then I'd say take the lump sum. That's because I prefer to control the money, not be dependent on the health of the company paying the annuity. Others will give you alternative advice.

AAA+++