View Single Post
Old 2009-04-13, 04:33 PM   #12
Dean
Seņor Cheap Bastarde
 
Dean's Avatar
 
Real Name: Dean
Join Date: May 2003
Location: $99 Tire Store
Posts: 9,294
 
Car: $.04 STI
Class: Fast,Cheap & Reliable=STI
 
Deal, did somebody say Deal? Oh, Dean, yeah that's me.
Default

I don't think you get the whole 33 mil. in one check; probably paid over 20 years, so 1.5mil/yr and uncle sam takes 40-50%, call it 800K/year after taxes unless you move to CA and give them say 100K/year of it.

Still not bad. Trick is to spend as little of the first few year's so you can start making income from it rather than wasting it.

I'd invest it in a diverse portfolio of investment classes and live off the income. I'd still be a cheap bastard, just a better funded one. Used Porsche Turbos are way cheaper than new, right?
__________________
I am a Commodore PET --- Now get off my lawn you kids...
Dean is offline   Reply With Quote