this post was submitted on 11 May 2025
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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 month ago by CheeseToastie@lazysoci.al to c/ask@lemm.ee
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[โ€“] GissaMittJobb@lemmy.ml 2 points 1 month 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.

[โ€“] HamsterRage@lemmy.ca 1 points 1 month 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.