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How much would it take?
You find a magic lamp. You rub it and a genie appears. The genie offers you one chance at financial security for the rest of your life. You have to name the amount of money that will allow you to live life the way you have always wanted to. If you name an amount that exceeds your needs, you get nothing. If you name an amount that is less than your needs, you will only receive that amount, which will run out sooner or later.
What amount do you name? for me: $10 million would get it. I'd never have to work again, and could live life very comfortably for my remaining 35 to 40 years. |
Good question. I would have to say $1 million because, I figure I could work for awhile and still retire early if Invested.
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at least 1 billion...
for 1 million, you can't even buy an apartment in ny, how can you even live off of that for the rest of your life. |
I have to ask for 3 million, uncle sam http://www.chatbites.com/iB_html/non...s/unclesam.gifwill take about 2 mil
leaveing me with about 1 mil. to build my dream home and live |
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I'd ask for about 30 million, and it'd would most likely be gone before I was. |
'bout 40 mil. I have a lot of fun stuff planned for later in my life :D
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50 mil.. I got expensive taste and there are several people I want to spoil.
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$7,234,003.45 I think.
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10 million will do.thank you very much.
mr.government......go FUCK yourself big party at my place.just bring instruments,i've got the PA. |
50 billion. A modest amount, I know, but there are a few things I'd like to buy. Say... Long Island.
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27 billion would do me fine...
i'd live quite a humble existence knowing that my family and friends would be set up. |
I think I'd be ok with 5 million :)
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500 billion.
Yes indeed, my space program needs would finally be met. |
I think about 100 billion would do it. With that kind of cash I buy a McLaren F1 for ever day of the year, and repeat that process every year!
*one of those cars costs just over a million dollars* |
Given current piss-poor interest rates on savings and money-market accounts and a baby's needs to consider, it's gonna take more than it used to.
$100,000 after tax from interest income / .62 (100% - 31% federal tax - 7% state tax) = $161,290 pre-tax income $161,290 income needs / .02 (2% MMA average) = $8 million Since I need to get my student loans and mortgage paid off and some hush money to keep people from wondering where I got the cash to begin with, $10 million is probably what I'd need to ask for. |
I'm going to say $50 million. Honestly, after taxes up here and inflation, you'd prolly need that amount.
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I think I can get away with $2 Million, tax free of course.
If anyone wants to test my theory, you can send the money to... |
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$50 mil would keep me happy
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the way I like to spend money? Um, how 'bout $1 billion??
Where will you be delivering that to, anyway? |
100 grand a year multiplied by 70 years = 7 Million
I think that is fair. |
I'd go with an even $100M
I'd spend most of my days giving it away |
for me probably 45 million if I live in the city for the rest of my life
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10 million...i want to be spoiled
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due to my disabilities, to live _comfortably_ i'd need 100m.
i can always let some build interest. |
Im only 19 and Id say $75,000 a year. Im not sure how long I'd live but that should cover inflation.
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i need enough to buy bait
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4 million - I got a plan.
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