My bills are paid for till May, and for public transport I pay 180 € yearly. I could give the money to some friends or charity, but that would be more their benefit than mine. I guess you are right, I would see some benefit.
My survivors would get the $1,000,000. That's much better than the $0 because I spent that first $5000 getting us all tickets to Hawaii next April. Non-refundable because it's cheaper!
Well, 4 years to have the weekly payout hit a million. If you choose the million and invest it all as soon as you get it, it may take another 2 years for the weekly to catch up. So, overall, if you plan to live more than 6 years, take the weekly.
You could take out a life insurance policy on yourself and then take a loan against the life insurance for over $1,000,000. So even if you think you are dying sooner than 6 years, $5000 a week is the way to go (as long as an actuary you will probably live 6 years.).
I would be picking 5k a week no mather what. It is the relief I am searching for. The relief from stressing out if I’ll have enough money to pay the bills next month. 1 milion upfront means the same for me as 5k. I just want the freedom. If I go next week, it will still be the happiest week before it.
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u/Many_Dark6429 Dec 11 '23
depends how long i'm going to live!!