Choosing $24,000 Now or $100 a Month Forever: Here's What I Learned
Choosing between a pension's monthly payout and a lump sum depends chiefly on life expectancy, balancing long-term security against immediate flexibility and investment potential.
I Had to Choose: $24,000 Now or $100 a Month Forever: Here's What I Learned
Choosing between a lifetime pension and a lump sum hinges on life expectancy, financial goals, and trade-offs between long-term security and present flexibility.