Originally Posted by clifp
The board is very useful for keeping you from doing stupid things, less useful for telling you what to do.
You guys did save me from myself. Thanks. I'll keep you updated on what I learn.
Right now I see that if I go the immediate annuity route, I'm looking at either my wife or I living another 50 years; in all likelihood
So that means a payout of $154,000 x 50 = $7,700,000
(2,800,000 tax free) so that's the tax equivalent of:
$8,540,000 Now I just need to figure out how I can make a little over 3 times my money in 50 years. Time to hit the books.
So I have to beat 2.2% interest over the 50 years.