My lawyer is in talks with the other side about settling my case. When we first spoke I was told I had three options.
1. Take a lump sum
2. Take a structured settlement with annuities available at retirement
3. Take a combination of both
Now he wants me to take the Structured annuities settlement and tells me that I can always sell them if I need the money. My concern is that I don't trust anyone to be able to back the annuity, who knows when the economy will tank and I am a couple of decades from retirement. I have been given social security and the problem is that there will be an offset if I take the money now but it looks like I can pay it back in installments. If this is the case it could take a long time to pay ss back letting me keep the money for now. What should I do?