this post was submitted on 11 May 2025
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Would you rather have 2 million dollars now or 100k a year for the rest of your life? All tax free (lazysoci.al)
submitted 6 days ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 2 points 5 days ago (2 children)

Except in this scenario the $100k is for life. Where the $2mil is only the same as 20 years of payments. At year 21 you would be up from the lump.

But having the lump would allow you to invest more heavily at once.

[โ€“] [email protected] 4 points 5 days ago

If interest rate was 2.8% you could double your money in 20 years. If it was higher, you could double your money quicker, or give yourself some spending money while still accumulating wealth. Compounding interest of the lump sum would make it very difficult for the 100k to come ahead unless you blow through the 2 million quickly as i initially said.

Also i don't have 20 years left so I'll take the lump sum