Pick Two

[HawkMachine]

Who are the 20 people that voted for "Retire Now"?

Take the $5m, sell your $50m house.

Then RETIRE.

 

[Tenacious E]

Tough call.

Easy. $5M and a new house of any price. I choose a $250M house, which I would immediately sell. Now I have 1/4 of a billion dollars and can do whatever I want.

 

[ClarindaA's]

new 28 million dollar mansion, sell if for 25 million, invest 20 million of my profits and ****ing live my best life

 

[Tenacious E]

can you afford the taxes and utilities of said house making the same salary you are today?

You sell the $250M house and buy a $100M house, pocketing $150M to pay taxes and cover your private jet expenses.

 

[Tenacious E]

Home (would be far more than $125k per year) so its that and the cash. Easy. Live in said pimped out home for a few years, then sell it, bank huge profits and buy something less expensive. Credit score/retirement happen in this scenario if you don't blow it gambling... or hookers and blow.

Who needs a credit score when you have more coin than you could ever spend?

 

[hexumhawk]

What if you already have a few of those?

 

[beanerhawk]

What if you already have a few of those?

Yeah, 1 through 4 are already in place. I guess could take another new house and just sell it for the money. Credit score is already well over 800, not taking a pay cut so 2 and 4 are out. Plan on retiring in 10 years so if I take 5M and sell a 2M house I can just retire now and live off of that before I start using pension and 401k and then file for social security when I'm at the max.

 

[Hoosierhawkeye]

Ehh the new house one is kind of questionable. The more expensive the house you get often the more difficult it is to sell.

So you could put yourself up river without a paddle if property taxes come due before you are able to sell the house.

I suppose it still makes sense but you want to make sure not to get too greedy.

 

[General Tso]

69 for life