Hi all,
What's the best option, to cash out your retirement for lump sum, or take the monthly payment for life? The monthly would basically cover the monthly expenses, but I would be losing the interest I could gain on a lump sum. Not to mention, leave it to family later if needed. Whereas, the monthly would stop if something happened to me. I'm confused as to which to choose. I like having it handled by myself, and if the company ever goes bankrupt in the middle of my retirement, I'd already have the funds. Any thoughts mustachians?