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re: Would you take $50 million tax free or $2 million/year tax free for life
Posted on 2/13/20 at 7:33 am to UpToPar
Posted on 2/13/20 at 7:33 am to UpToPar
quote:
You’d have to get at least $5M per year (probably closer to $10M per year) to even consider taking the yearly payment.
$5MM would make it worthwhile for many on this board.
A) $5MM payments, 6% discount rate (very reasonable after taxes), 30 annual payments would have a NPV north of $72MM
B) You could buy a $50MM face value 30 yr term policy for $35k-$60k/yr in premiums for someone in their 20s.
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