Annuities, Retirements, And Lottery Winnings: 2 Reasons The Lump Sum Option Might Work Better For You
If you win the lottery or have an annuity or retirement account that has reached maturity, you might be faced with deciding between reliable, monthly payments or a single, lump sum check. Although it might seem safe to choose monthly payments, the fact of the matter is they aren't right for everyone. Here are two reasons the lump sum option might work better for you:
1: You Are Worried About Inflation