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TechDawg2007
New Orleans Saints Fan
Bawville
Member since Nov 2007
31710 posts

Would you take $50 million tax free or $2 million/year tax free for life
What ya'll got baws? The $2 million/year ceases if you die
This post was edited on 2/12 at 12:26 pm


TigerNlc
Tulane Fan
Chocolate City
Member since Jun 2006
28042 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
2 million


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3728
Nado Jenkins83
LSU Fan
Land of the Free
Member since Nov 2012
44083 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
Since I'm 36 years old I only imagine living to 80 so I'll take the 2 million a year. 44x2=88million


poncho villa
New Orleans Saints Fan
Monroe/Baton Rouge/New Orleans
Member since Jul 2010
14778 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
50 million put half of it on black


LSUJML
LSU Fan
BR
Member since May 2008
18454 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
2 million


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215
Teddy Ruxpin
LSU Fan
TX
Member since Oct 2006
34157 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
50 easy


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1296
MikeBRLA
LSU Fan
Baton Rouge
Member since Jun 2005
11902 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
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?


4x4tiger
LSU Fan
Louisiana
Member since Feb 2006
704 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
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


carrguitar
New Orleans Pelicans Fan
Member since Oct 2014
301 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
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.


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871
TankBoys32
LSU Fan
Member since Mar 2019
220 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
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.


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410
Thib-a-doe Tiger
LSU Fan
Member since Nov 2012
32252 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
anyone who doesn't say the 50 is dumb AF and doesn't know anything about tendies


Teddy Ruxpin
LSU Fan
TX
Member since Oct 2006
34157 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
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.


LafTiger
Member since Dec 2008
362 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
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.




Popths
LSU Fan
Baton Rouge
Member since Aug 2016
2232 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
50. Invest most of it.


JohnnyKilroy
New Orleans Pelicans Fan
Cajun Navy Vice Admiral
Member since Oct 2012
23773 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
People saying 2/year are bad at math.


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800
DVinBR
LSU Fan
Member since Jan 2013
6438 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
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

This post was edited on 2/12 at 12:35 pm


JohnnyKilroy
New Orleans Pelicans Fan
Cajun Navy Vice Admiral
Member since Oct 2012
23773 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
Oof


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40
Palomitz
LSU Fan
Miami
Member since Oct 2009
883 posts

re: Would you take $50 million tax free or $2 million/year tax free for life
No brainer, I'll take the 50 mil.
Can you imagine what you can do with that amount?


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70
Thib-a-doe Tiger
LSU Fan
Member since Nov 2012
32252 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
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


Thib-a-doe Tiger
LSU Fan
Member since Nov 2012
32252 posts
 Online 

re: Would you take $50 million tax free or $2 million/year tax free for life
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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