Quote:
Originally Posted by Essentzy
I’d take the lump sum, drop half into index funds, and live off the dividends. Still plenty left over for a few fun splurges and helping out family.
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At the numbers being thrown around, you must have much more expensive tastes than I do.
$362M lump sum, assuming almost half gone in taxes leaves you about $180M cash. Invested in a tax free muni ETF, you're earning $3.6M year, or $10k per day and haven't touched the principal.
Like others have suggested, I'd rather win a million or two and semi-retire. That's life changing enough for me.