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Started By
Message
Would you take $50 million tax free or $2 million/year tax free for life
Posted on 2/12/20 at 12:25 pm
Posted on 2/12/20 at 12:25 pm
What ya'll got baws? The $2 million/year ceases if you die
This post was edited on 2/12/20 at 12:26 pm
97
Posted on 2/12/20 at 12:27 pm to TechDawg2007
2 million
Posted on 2/12/20 at 12:27 pm to TechDawg2007
Since I'm 36 years old I only imagine living to 80 so I'll take the 2 million a year. 44x2=88million
Posted on 2/12/20 at 12:27 pm to TechDawg2007
50 million put half of it on black
Posted on 2/12/20 at 12:28 pm to TechDawg2007
2 million
Posted on 2/12/20 at 12:28 pm to TechDawg2007
50 easy
Posted on 2/12/20 at 12:28 pm to Nado Jenkins83
quote:
Since I'm 36 years old I only imagine living to 80 so I'll take the 2 million a year. 44x2=88million
Do you even TVM?
Posted on 2/12/20 at 12:29 pm to TechDawg2007
Give me the $50 million. I’m almost 50 and I want to enjoy it before I get too old. Life expectancy avg says I have only 25 years left
Posted on 2/12/20 at 12:29 pm to TechDawg2007
If you're not an investing idiot, take the $50 million up front and let time work for you. It would take you 25 (non-guaranteed years) to break even going the other route.
Posted on 2/12/20 at 12:29 pm to TechDawg2007
Take the money and run. You never know when it's your time to go so you might as well take it all and do what you can with it while you can.
Posted on 2/12/20 at 12:29 pm to TechDawg2007
anyone who doesn't say the 50 is dumb AF and doesn't know anything about tendies
Posted on 2/12/20 at 12:29 pm to Nado Jenkins83
quote:
Since I'm 36 years old I only imagine living to 80 so I'll take the 2 million a year. 44x2=88million
Gotta work on your math skills.
50 million earning 3% interest produces 1.5 million a year.
That's super conservative and not counting compounding.
Posted on 2/12/20 at 12:29 pm to TechDawg2007
really???? This is a question????
if you invest the 50 you should easily yield 7%, but let's say it 5% guaranteed annually...
at 5% that's 2.5 Mil per year.
if you invest the 50 you should easily yield 7%, but let's say it 5% guaranteed annually...
at 5% that's 2.5 Mil per year.
Posted on 2/12/20 at 12:29 pm to MikeBRLA
50. Invest most of it.
Posted on 2/12/20 at 12:29 pm to TechDawg2007
People saying 2/year are bad at math.
Posted on 2/12/20 at 12:30 pm to TechDawg2007
edited, changed my mind
50 million up front because if you can make a 5% return per year from mutual funds and bonds, you can make $2.5mil a year from that
50 million up front because if you can make a 5% return per year from mutual funds and bonds, you can make $2.5mil a year from that
This post was edited on 2/12/20 at 12:35 pm
Posted on 2/12/20 at 12:30 pm to DVinBR
Oof
Posted on 2/12/20 at 12:30 pm to TechDawg2007
No brainer, I'll take the 50 mil.
Can you imagine what you can do with that amount?
Can you imagine what you can do with that amount?
Posted on 2/12/20 at 12:31 pm to DVinBR
quote:
2mil a year and invest it into mutual funds and bonds
2mil a year would end up far over 50mil in 25 years
Imagine what 50 would be in 25 years
Posted on 2/12/20 at 12:31 pm to DVinBR
quote:.
this question depends on how old you are
since i'm 26 it makes best sense taking 2mil a year
Still wrong
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