No Argument With This!

[Caran]

Amongst my pensions, I have a small one of £176.76 per year. That company is in a takeover situation. They are offering a lump sum payment instead of a pension. The sum is £2154. That equates to about 12 years pension.
I can't see me living that long, I'm almost 78 for heavens sake!
So I've opted for the lump sum.
What would you have done?

[JimF]

Exactly the same! A bird in the hand, and all that.

[brainiac]

Lump sum - pronto!

[Sam1960]

would've done exactly the same ; ))

[Spicerack]

Knowing your luck, you'll be kicking yourself in your 120's.

[gness]

Lump sum, Caran...and buy wine, shoes and if you're not at the limit Premium Bonds.... Family okay?..x

[royfromaus]

I would have lived until I was 93 and pocketed an extra £530.28

[Mamyalynne]

You've made the right move Caran.

[sanmac]

What would I have done. Well, I would have sat down and carefully assessed the entire situation, and taken into careful consideration all the pros and cons, positives and negatives, up and downs, and potential ramifications that my decision would have upon my financial future...And after those two seconds of deep-thinking were elapsed, I would have done exactly as you did!

[shoota]

A cheque in the hand is worth two in Prague...

[Caran]

I think I will buy more premium bonds with it.

[andy-hughes]

Definitely.

[Mozz71]

Yup, lump sum for me too.

[gness]

Good idea, Caran. And when you win the million remember me..... :-)

[Caran]

I will gness! How the devil are you, long time no speak.
Are you all settled in now?

[Jackdaw33]

//A cheque in the hand is worth two in Prague\\

I like that one!

[marval]

I would go for the lump sum as well.

[Caran]

I didn't understand the Prague bit!

[Old_Geezer]

The lump sum is in advance so, can't be sniffed at. Pity interest rates are such rubbish at present though. Fingers crossed they'll be more realistic before too many years pass by.

[shoota]

You have Czechs (cheques) in Prague

[Caran]

Oh dear!