Choose one: 400k/yr (before taxes) until you turn 65, or a 7 million lump sum (no taxes)

[King Poetic]

7 million lump sum

Im already in my 40s

Give me that 7 million and i would work only part time for my good health benefits

 

[Based Lord Zedd]

Lump sum easily.

Even if I want to bank on living long enough to enjoy the yearly payments, I can also use that 7 million to improve my long term health prospects right now.
If anything, I'd take the 7 million and limit myself to 400k per year.

 

[At30wecashout]

I thought of doing 400k because you can tax-advantage the fukk out of it. Now I'm leaning toward 7 because I can live good on say 500k for a few years while the rest sits and makes money. As long as I don't lifestyle creep, its good. With 400k till 65, if I want to constantly spend, there is a chance of coming out ahead.

Put 7 mill in some peoples hands and they will blow that shyt in 2-3 years. 400k a year and they can still fukk up on a lower level every year but still have cash coming in.

 

[sportscribe]

If you've ever done an MBA-level program, you should be familiar with the term net present value (NPV). Given the "time" value of money, if you use a discounted cash flow method, you need to take the lump sum. Given increasing inflation rates, it's always better to have the cash at hand. Plus the cash at hand can be used to invest in assets in the present time which will only continue to gain in value.

 

[Ɀoᥱɣ]

7 million because i'll set $1.5m aside for personal expenses and invest the rest.

 

[AQz]

7 million. Lump sum right now, this afternoon

 

[the cac mamba]

can't you just give us a post-tax number

 

[sicksoulja]

it’s funny how the entire coli is A1 investors, what makes you think you can’t invest in the wrong shyt and lose everything. All these ball players that go broke one day had nothing next day for a fortune and thought they was doing the smart thing and investing and losing everything. Shyt you will have sharks on your ass waiting to take advantage of you.

 

[JQ Legend]

It’s not bout being an expert in investing

An expert in investing can take 5 million and turn it into 50 million in 5 years. Brehs just saying you can make safer investments that wont generate you as much but still be good. Put 6 million in HYS accounts and that’s like $300k/yr (5% interest). And you still got a million to do whatever with

I gotta say tho, I how many of y’all being honest with yourself bout not being responsible with the money

And I ain’t knocking y’all, I didn’t know a lot about investments till recent years and I still wouldn’t say I know a lot. Just enough to know there’s low risk investments that would make that $7 million make way more sense even if the $400k was after taxes

 

[R.E.N. Spells Ren]

I thought of doing 400k because you can tax-advantage the fukk out of it.

How could you “tax-advantage” the fukk out of the $400k/yr to make it more beneficial than the $7M?

 

[DaStangMan]

The 7 million will continue growing if invested in a 60/40 only spend 4 percent every year and you can leave a legacy to family

I would have to do the math to see if you spend the equivalent and save the rest until 65 but the math in my head tells me that the larger sum will grow much more and putting a few hundred k every year will never catch up assuming you aren’t only 18

 

[hitmonlee]

I can put the 7 mil in a cd with 4.5 - 5 % interest and make 315k a year which is more than 400k before taxes

 

[Scaaar]

400k easily especially if I keep my other income. You can easily pay off all debt and get a nice crib in the 1st 3-4 yrs. The rest can just be put into a vanguard account to collect interest. And that's all before factoring my regular income....

 

[Scaaar]

Also this. I'd blow that shìt giving it to family members.

259k a year after taxes is enough for me to chill and help out, but a 'small' enough amount to make it plausible for me to say "kick rocks, nígga!"

You're one of the few being honest. Most people will blow the 7 Milly quickly. All that investment talk sounds good until that money is in your account and you see something you want to buy or your mom's, pops, brothers, sisters, grandparents got an issue that they need your money to help fix lol. We see athletes go broke all the time and they're up 10s of millions of dollars. All of them thought it wouldn't happen to them either.

 

[xXOGLEGENDXx]

97% of you idiots would blow through a lump sum of $100K, not to talk of $7M



Give me the $400K. I live in a no state income tax state so that helps. Add that in with my existing income and I'd live an incredibly comfortable life. Plus you can actually invest the extra income to have even more money for retirement.

I forgot it's TheColi.com where most of y'all could easily flip $7M into $60M. My bad