• TubularTittyFrog@lemmy.world
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    6 months ago

    money now is worth more than money later.

    because of inflation, and also because i can use it now. money i am getting in 30 years is no good to me now.

    this isn’t that hard of a concept.

    • shikitohno@lemm.ee
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      6 months ago

      When your justification is an uncertain investment, it isn’t that hard of a concept to realize you’re wrong. You’re literally the only person I’ve ever seen advocating for the lump sum payment as the financialyl sound move when it quite nearly halves 100% sure income.

      Inflation is also much less of a concern when you’re talking about literal millions of dollars, unless you’re talking about the Zimbabwe national lotto. If you’re living in a way that your ability to live with $15,000,000/year towards the end of a 30-year annuity payout has materially changed, you have bigger issues than inflation going on.