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Last Post: 1:21:13pm, 01/27/2022
Jeff AKA Snoopy posted...
An interesting follow up to those of us taking the million bucks...
How much would you have to be paid daily to take the daily over the one time payout?
If it was 500 dollars a day, for example, would you go that route instead? 182.5k a year, that's a million in what... like 6 years?
A lot come down to your tolerance for investment risk. If you are only interested in sure things, like a fixed annuity, then I'd need less per day. If I want to take on more risk, I'd want more per day.
Based on potential earnings in your career, investment percentage lost, time gained, inflation estimations...$822 per day.