It’s a tricky one with pluses on both sides. 100k a year is enough to live a really nice life, plus I’d carry on working. I’m likely going to live long enough that I’d earn way more from it.
BUT. I’m middle aged, I’m not 20 with my whole life ahead me. I absolutely may not live long enough. If I take the lump sum, I can invest it etc and get long term successes.
It’s a tricky one with pluses on both sides. 100k a year is enough to live a really nice life, plus I’d carry on working. I’m likely going to live long enough that I’d earn way more from it.
BUT. I’m middle aged, I’m not 20 with my whole life ahead me. I absolutely may not live long enough. If I take the lump sum, I can invest it etc and get long term successes.
I’m taking the sure thing, lump sum it is