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I like the responses I've seen so far. I think part of the reason I chose the route I did is that it represents an "old money" view instead of a "nouveau riche" one. I'll go buying all of the fancy things when I know that recovering from a bank failure or natural disaster or health issue isn't going to wipe out my fortune. All of those things are expensive, perhaps more than you might realize. If there were fiscal merit in taking the lump sum over the annuity, I would follow my financial planner's advice, but they would have to present a fine argument.
Any other thoughts?
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