So, you figure that it is a better deal to take the annuity???
Consider: a 70 year old person that takes the annuity would have to live to be 99 in order to collect the entire amount. How many do you think will live that long??? Only a person under the age of 50 should take the annuity in my opinion.
Has anybody figured out the math on taking the lump sum and investing it themselves?? I suggest that this method could have similar results to the annuity. Given that one would probably spend only part of the interest earned. With compounding over the years, this could equal the annuity.
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Today's Featured Article - Product Review: JB Weld - by Staff. JB Weld is basically an epoxy glue that does an exceptionally good job of bonding to cast iron and steel along with several other materials. As I mentioned, it is so common that I have yet to buy a tractor that did not have JB Weld used somewhere. It is sometimes used so well you can't tell its there and other times used as a sloppy quick fix. Finding where and how it can be used correctly is key to whether you are using it as an "inelegant hack" or an integral solution to difficult and expens
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