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Sharpie · 07-21-2003

I am assuming that the $100,000 for 10 years is GUARANTEED......

There are taxes to consider..... and

You can blow through a mil pretty quick, because you have it. If you know you only have that $100,000 a year - you would probably spend it/invest it more wisely.

There was a show once on the people who had won a million dollars in the lottery - 1/2 of them were broke 5 years later......

I would say that it is up to the temperment of the individual and the time in their life.

07-21-2003	#14
Sharpie Members Join Date: Oct 2002 Posts: 747	I am assuming that the $100,000 for 10 years is GUARANTEED...... There are taxes to consider..... and You can blow through a mil pretty quick, because you have it. If you know you only have that $100,000 a year - you would probably spend it/invest it more wisely. There was a show once on the people who had won a million dollars in the lottery - 1/2 of them were broke 5 years later...... I would say that it is up to the temperment of the individual and the time in their life.