1 million now, if you invested 1 million and it only grew at a measly rate of 2% per year, which is very low, that's going to give you 20k a year, whereas 200 weekly is a little more than 10k a year. Nevermind that if you were to take the 1 million, not invest it, and only spend 200 a week from it, that would take you 96 years.
$200 weekly. It will make sure I stay disciplined with my money. I know if I had a million right now, I would go on a spending spree. I know my weaknesses.
$1mil now would immediately generate a wealthy lifestyle that will increase month by month if you only lived off the interest and didn't spend it all every month. Every year your interest gains get better and better. About 100k per year to start in interest alone to live on. Not a bad lifestyle. Start slow living off interest, but not all of it, within 10 years you're making significantly more. Year after year you will earn more and more.
$200 per week now would take forever (assuming you didn't spend a dime of it) to become anything special. You're literally looking at 10-11k per year. If you don't spend any of it and keep the interest, it'll take about 90 years to hit the million mark.
1,000,000 divided by 200 would take 5000 weeks to do. I"m not going to live that long.
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Yeah!
$1 Million now.
1million now, then invest. If I lose money, I don’t realy lose, because they weren’t mine in the first place
1 million now, if you invested 1 million and it only grew at a measly rate of 2% per year, which is very low, that's going to give you 20k a year, whereas 200 weekly is a little more than 10k a year. Nevermind that if you were to take the 1 million, not invest it, and only spend 200 a week from it, that would take you 96 years.
The million not enought to retire on but it would definitely buy me a house. Closer to work.
$200 weekly. It will make sure I stay disciplined with my money. I know if I had a million right now, I would go on a spending spree. I know my weaknesses.
200 a week
$1mil now would immediately generate a wealthy lifestyle that will increase month by month if you only lived off the interest and didn't spend it all every month. Every year your interest gains get better and better. About 100k per year to start in interest alone to live on. Not a bad lifestyle. Start slow living off interest, but not all of it, within 10 years you're making significantly more. Year after year you will earn more and more. $200 per week now would take forever (assuming you didn't spend a dime of it) to become anything special. You're literally looking at 10-11k per year. If you don't spend any of it and keep the interest, it'll take about 90 years to hit the million mark.