|Posted: June 15, 2016, 10:38 am - IP Logged|
Whenever I consider the thirty-year payment plan I just have to think about inflation. It would eat up your future payments.
Remember inflation during the 1970's and early '80's.
The same applies to the Lump Sum but you will have the opportunity to invest and beat inflation.
Here in California, I am looking at $127.5 million after all taxes are paid by April 15, 2017.
I've been rich and I've been poor. Believe me, rich is better.
Attributed to Joe E. Lewis and others