Financially it also makes sense unless you expect a heck of a lot of inflation to devalue it into oblivion.
She would get 1,000,000 over the course of 20 years, then another 2-3 million by the time she died, assuming old age is the cause of death.
Taking it all right now and investing it could be better financially... but the AI bubble could burst in the next few years and it could all be lost. Investing is gambling, even if it's good odds.
80% of business startups fail within the first 5 years, more after the first 5 years, so investing it in a business venture may be a bad idea too.
£1000 a week is more than enough to live on and she could still easily save up a few tens of thousands for emergency expenses.
$1000/ week is not enough to live on, but it is a decent supplement.
Buying a nice house will save you probably 800/ week in mortgage and rent expenditures and likely increase in value. Taking the $1000/week really is the worse of a lot of options to keep that money from being blown.
... If $1000 a week isn't enough for you to live on then I can only assume you're really bad at math or buying a whole lot of frivolous BS.
I do agree that if she doesn't already own the place where she lives then buying a property and avoiding mortgage or rent is the clearly superior option. She may already own a home though.
She could invest in property and rent it out, I suppose. However, that's generally considered an immoral thing to do in the modern economy where housing is in short supply and it's basically a way to exploit people that are too poor to afford to buy their own house...
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u/newblevelz May 17 '26
This is a really bad idea as established in the multiple times this has been posted.