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Message
re: Would you take $50 million tax free or $2 million/year tax free for life
Posted on 2/12/20 at 12:57 pm to lsutiger2010
Posted on 2/12/20 at 12:57 pm to lsutiger2010
Damn, y'all take a hypothetical that will never happen to anyone here pretty damn serious.
Oh well, I would be alright either way.
Oh well, I would be alright either way.
0
Posted on 2/12/20 at 12:57 pm to IAmNERD
quote:How?
2 mil/ year because I plan on Liv ng more than 25 more years. So I'll make more in the long run
Posted on 2/12/20 at 12:58 pm to IAmNERD
Do you know how I know you're poor?
Posted on 2/12/20 at 12:58 pm to Thib-a-doe Tiger
quote:
anyone who doesn't say the 50 is dumb AF and doesn't know anything about tendies
You misspelled titties
Posted on 2/12/20 at 1:00 pm to TechDawg2007
$50 million then invest it. 4% annual return still gets you $2 million a year, plus you still have the $50 million in the bank
Posted on 2/12/20 at 1:02 pm to TechDawg2007
I'd take the fiddy
Posted on 2/12/20 at 1:02 pm to Popths
quote:that's a sure way of becoming a millionaire
50. Invest most of it.
Posted on 2/12/20 at 1:12 pm to DVinBR
quote:0 risk? Naw.
50 million up front because if you can make a 5% return per year from mutual funds and bonds
Posted on 2/12/20 at 1:13 pm to TechDawg2007
quote:
Would you take $50 million tax free or $2 million/year tax free for life
Gonna be 44....I'll take the 50.
Posted on 2/12/20 at 1:18 pm to TechDawg2007
It's kind of blowing my mind seeing all the people say $2 mil/yr.
Posted on 2/12/20 at 1:28 pm to TechDawg2007
A bird in the hand.
Posted on 2/12/20 at 1:30 pm to Hamma1122
quote:Why?
2 million
Posted on 2/12/20 at 1:33 pm to Hamma1122
(no message)
This post was edited on 10/19/21 at 7:58 am
Posted on 2/12/20 at 1:35 pm to TechDawg2007
50 million tax free, but if I invest the 50 million, I'm assuming in this situation, my investment earnings are NOT tax free.
Vs
2 million a year, tax free.
If I can invest the money at 6%, that's 3 million a year, but after taxes, it's more like 2 million a year. Maybe even a bit less.
So I probably need to get 8% a year for it to work out.
I'd probably still take the 50 million. Even if I have to pop a bit pf principal in some years, I should still come out ahead.
Vs
2 million a year, tax free.
If I can invest the money at 6%, that's 3 million a year, but after taxes, it's more like 2 million a year. Maybe even a bit less.
So I probably need to get 8% a year for it to work out.
I'd probably still take the 50 million. Even if I have to pop a bit pf principal in some years, I should still come out ahead.
Posted on 2/12/20 at 2:02 pm to TechDawg2007
2 mill/year easily.
Posted on 2/12/20 at 2:02 pm to TechDawg2007
The answer is 2 million. Do I want my count of a sister in law or wife’s new boy toy enjoying it if I die 2 years in? frick that. It gets dolled out for only me to enjoy.
Posted on 2/12/20 at 2:15 pm to LSUFanHouston
quote:
If I can invest the money at 6%, that's 3 million a year, but after taxes, it's more like 2 million a year. Maybe even a bit less
But you also have 50mm behind that.
I'll make you a deal: find someone to give me 50, and I'll pay you 2 a year until you die. Deal?
This post was edited on 2/12/20 at 2:17 pm
Posted on 2/12/20 at 2:18 pm to TechDawg2007
In other words, how many of you believe you will live more than 25 more years from today?
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