Comments on: Should You Cash in an Annuity or Monthly Settlement Payment for a Lump Sum? http://moneyning.com/investing/should-you-cash-in-an-annuity-or-monthly-settlement-payment-for-a-lump-sum/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Wed, 23 May 2012 20:32:51 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: basicmoneytips.com http://moneyning.com/investing/should-you-cash-in-an-annuity-or-monthly-settlement-payment-for-a-lump-sum/comment-page-1/#comment-24720 basicmoneytips.com Wed, 10 Mar 2010 12:33:33 +0000 http://moneyning.com/?p=4718#comment-24720 Nice article. If it all possible, it is probably best to avoid the lump sum unless your situation warrents it. These companies that offer this service do it for a reason - to make money. It is going to cost you a substantial amount of your total. If you can make the annuity work as designed, stick with that. However, if you hit an emergency situation, then do what you have to do. Nice article. If it all possible, it is probably best to avoid the lump sum unless your situation warrents it. These companies that offer this service do it for a reason – to make money. It is going to cost you a substantial amount of your total. If you can make the annuity work as designed, stick with that.

However, if you hit an emergency situation, then do what you have to do.

]]> By: Vic http://moneyning.com/investing/should-you-cash-in-an-annuity-or-monthly-settlement-payment-for-a-lump-sum/comment-page-1/#comment-24715 Vic Wed, 10 Mar 2010 03:41:04 +0000 http://moneyning.com/?p=4718#comment-24715 Thank you for sharing your knowledge on annuity. I agree with you. This lump sum will only give people short-term benefits. The real thing in debt management still lies on our human behavior. We should avoid our bad spending and credit habits. Thank you for sharing your knowledge on annuity. I agree with you. This lump sum will only give people short-term benefits. The real thing in debt management still lies on our human behavior. We should avoid our bad spending and credit habits.

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