Lotto Max is $50 million tonight, what would you do ?
I'm thinking :
10% to share with my family / friends
10% for my wife to distribute to her family / friends
10% as a trust fund for 2 kids (20% total)
10% on buying a new house, a cottage, a vacation home down south and some cars, bikes, boats, trips, parties
50% ~ 25 million to sit in an investment account somewhere so I can live off the interest and retire ...
- say a base minimum 2% after tax (I don't think that's asking for too much) ...
- that's 500k / yr after tax to live on
- by the time I'm 55 ramp it up to 1million / yr so that the lump sum is mostly gone by the time i'm 85-90 and probably checking out.
what would you guys do ? dreaming here ...
I'm thinking :
10% to share with my family / friends
10% for my wife to distribute to her family / friends
10% as a trust fund for 2 kids (20% total)
10% on buying a new house, a cottage, a vacation home down south and some cars, bikes, boats, trips, parties
50% ~ 25 million to sit in an investment account somewhere so I can live off the interest and retire ...
- say a base minimum 2% after tax (I don't think that's asking for too much) ...
- that's 500k / yr after tax to live on
- by the time I'm 55 ramp it up to 1million / yr so that the lump sum is mostly gone by the time i'm 85-90 and probably checking out.
what would you guys do ? dreaming here ...
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