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 - Tractor Traction - by Chris Pratt. Our first bout with traction problems came when cultivatin with our Massey-Harris Pony. Up till then, this tractor had been running a corn grinder and pulling a trailer. It had new unfilled rear tires and no wheel weights. The garden was already sprouting when we hooked up the mid-mount shovel cultivators to the Pony. The seed bed was soft enough that the rear end would spin and slowly work its way to the downhill side of the gardens slight incline. From this, we learned our lesson sinc
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