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TopicIf you won a multi-million dollar jackpot, would you quit your job?
KitKats
09/27/23 1:46:26 AM
#25:


Pitlord_Special posted...
In an instant. Even just 10 million would be netting you 500k in interest every year. After taxes that's still about 300k and I could literally be traveling/on vacation 24/7 with that much dough
But you wouldnt invest every penny, or even in one return. Drawing or pulling invites taxes as well. And if youre spending $300k per year today, that amount will increase with inflation to keep up standard of living.

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