You may need a professional. However you need to compare your fixed annuity payments vis a vis what you can return if you took a lump sum. essentially your comparing present value ( lump sum) with future value (annuity) and deciding what will give you the greatest return. also remember there are various payouts 100%, 75% 50% that will be split between spouses. In my case I took a lump sum and invested it and it has done very well and hence so far worked for me
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