I thought about that, but state and federal taxes would take anywhere from twenty-few percent, and depending on amount of debt, housing market being run off the rails by investment firms, needing a savings and retirement account… Going back in time may be the more rewarding option, financially and otherwise, depending on personal variables.
Yeah, that’s a good point. I took it as being a million to spend, but tax would take a big bite, depending on where you are.
I’m in the UK, so it converts to about £745,000 at the moment. I could buy a nice terraced house that I like for £175,000 and clear my existing mortgage and debts for about £60,000, so would have about half a million to spend. It’s a lot, but wouldn’t go as far as you’d think.
I thought about that, but state and federal taxes would take anywhere from twenty-few percent, and depending on amount of debt, housing market being run off the rails by investment firms, needing a savings and retirement account… Going back in time may be the more rewarding option, financially and otherwise, depending on personal variables.
Dude, time travel wizard money is only taxed in like Switzerland Belarus and Ethiopia. Dont dox yourself.
Yeah, that’s a good point. I took it as being a million to spend, but tax would take a big bite, depending on where you are.
I’m in the UK, so it converts to about £745,000 at the moment. I could buy a nice terraced house that I like for £175,000 and clear my existing mortgage and debts for about £60,000, so would have about half a million to spend. It’s a lot, but wouldn’t go as far as you’d think.
I’d still keep my kid though 🙂
That’s fair.