Thank you for confirming my hunch. Yes, the annuity choice is almost double in total revenue received.
The big question is how much money could one make in 30 years with a 200M starting investment fund.
I believe money doubles in 7 years at 10% interest. I could be all wet. Ha!
—> Yes, the annuity choice is almost double in total revenue received.
If you invest your lump sum the math is different.
Your payout under the annuity is worth less each year in buying power.
That said, if one is a total spendthrift, the annuity is forced discipline.