it's plenty more than 50k/year, don't even need to worry on that. you can live MORE than comfortably enough and even with inflation will be fine.
but lump sum anyway because if you invest with it properly you'll get plenty more returns.
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The King Wang.
Listen up Urinal Cake. I already have something that tells me if I'm too drunk when I pee on it: My friends. - Colbert.