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re: Someone drops $1.5 million in your lap.....
Posted on 10/13/19 at 12:01 pm to greygoose
Posted on 10/13/19 at 12:01 pm to greygoose
quote:
$1.5 million sounds like a lot of money, but that probably won't last the average person till death.
5% interest is $75K/year before tax. Now consider that your current lifestyle is based on $150K/year income. You have a shortfall of what you are used too, without touching the principal. What job/field/career would you pursue to make up the difference?
I don’t need it to last the rest of my life. Just long enough for me to get a job I can see myself turning into a career. I’m fricking poor. $1.5 million does a lot for me right now.
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