• nimpnin@sopuli.xyz
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    11 days ago

    it’s generally best to take the lump sum

    Why? I would assume it’s the other way round.

    • f314@lemmy.world
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      11 days ago

      The lump sum will grow to be worth more than the annuity over the same period if properly invested

        • Swedneck@discuss.tchncs.de
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          11 days ago

          plenty of people do, they just don’t have 400 million to do it with

          like my brother used the cheapo student loans here in sweden to just chuck a bunch of money into low-risk index funds (i think that’s the term) and he’s gotten 2000 bucks from that for basically 0 effort.

          now imagine doing that with millions of dollars