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Would you rather have 2 million dollars now or 100k a year for the rest of your life? All tax free (lazysoci.al)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 week ago (2 children)

Or you could invest the $100K a year. You have to compare apples to apples.

[–] [email protected] 2 points 1 week ago (1 children)

Sure, but the expected return of the $2M is greater than $100k yearly, so you're not really going to be able to get ahead with the $100k/year. Compounding then further tips the scales in favour of the lump sum.

[–] [email protected] 1 points 1 week ago

For sure, assuming that the annual amount isn't indexed to inflation. But the question is just simple math if it isn't. See my longer answer.

Indexed, $100K/yr wins hands down if you're young.

[–] [email protected] 1 points 1 week ago

I could live comfortably on a small fraction of that, so it would pile up really fast if I had long to live. Not going to be billionaire money, but easily in the "think about pouring that somewhere good" money.