I suppose age is a factor, but which would you rather have? £50,000 a year for life,

[merciasounds]

a lump sum of half a million?

[Bbbananas]

Lump sum. What if you get the £50 K and drop dead?

[mollykins]

I'd go for 50k a year.

[redman41]

Lump sum for me mercia as I might pop my clogs sooner than I think :-)

[ummmm]

Lump sum and invest it wisely.....

[mollykins]

salla if you dropped dead, you wouldn't need that money, so you might aswell go for the one that would get the most over many years.

[Greedyfly]

At the present time the money would help me out a great deal - wouldn't need anywhere near £50,000 either!

It would be used wisely also, deposit for a house and uni fees and family helped.

[merciasounds]

haha, one all......lets see at the end hmm?

[Bbbananas]

The voice of someone so young.....!

ACtually Molly, that's very grown up of you, cos I would imagine most 16 year olds would not think of the future, they'd just grab the whole lump sum, run and go mad with it.

[Greedyfly]

Sorry forgot to mention yearly would do me fine lol

[Bbbananas]

I.m thinking of my children molly..... what I can leave them.

[tigersam258]

50k a year woudl do it for me. no need to work anymore with that income and I would plan to live for more than 10 years so potentially a greater sum.

[China Doll]

I'll take the yearly £50,000, that'd more than suit any needs in life I have... I only aim to be comfortable.

[mollykins]

Yeah but they'd still get what was left over, spending 50k would be difficult so i'd probably save some anyway.

[Bbbananas]

Believe me molly - it wouldn't take me long at all to get through £50 K. Oh no.....!!!!

[ttfn]

Either sum is excessive for my simple tastes and life styles - just so long as Osborne doesn't increase the duty on my ciggies, brandy and petrol in the budgets to follow. Oh dear, I have talked myself out of that answer now.

[Greedyfly]

I would use the 50k a year to live on and not officially work but invest my time and money into projects helping others I think - I oculdn't just spend my time spending money and nothing else =)

[mazie]

I'd put money on the fact that he will increase the duty on all of them ttfn...so get stocked up

[mollykins]

I'd find it hard to spend all that. I find it hard to spend over £70 if I get that for birthday or christmas, thats why I set up a savings account.

I find it pointless spending lots of money on designer clothes that I'd only wear a couple of times. The most expensive clothes I have are, a dress that cost £35 I wore for a wedding, my birthday and the prom, then a nice floral top for £25 which is also a short dress which I've worn at least 20 times so far.

[4getmenot]

a year

[4getmenot]

thats why I said year molly, that gives me at least 10 to get the half, so should get more and as said once you're dead you're dead