Would you rather have 2 million dollars now or 100k a year for the rest of your life? All tax free
Would you rather have 2 million dollars now or 100k a year for the rest of your life? All tax free
34 comments
-
The average return on investment from stocks for the last 150 years is around 9 to 10% worldwide. That includes a few world wars and pandemics.
In the US, Canada and others, only half the money made in that way is taxed.
2 millions would net you 180-200k a year and you'd pay tax as if you made 90-100k.
-
And that income would continue on to your inheritors, not stop at the end of your life. There's a clear right answer here.
-
Inheritors? Who are they? I’m targeting $0 when I die (or a nice debt that’ll never get repayed)
-
That's why I didn't say "children". Find a worthwhile charity or school and leave them a perpetual endowment.
-
-
-
34 comments