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$1M in one shot leaves you with around $600K after taxes in most states. That’s enough to pay you around $24-30k/yr. Unless you already had several other milli
by sokoloff 1y ago
$1M in one shot leaves you with around $600K after taxes in most states. That’s enough to pay you around $24-30k/yr.
Unless you already had several other million saved already, I bet you’d be working again.
- wnc3141 1y agoSure, buts its a solid career break for a year.
- para_parolu 1y ago$25k/yr can be decent living in some places.
- azinman2 1y agoIn no place where you’re getting a 1M pretax offer.
- shutupnerd0000 1y agoYeah but what if - hear me out - you move after you get the money?
- albedoa 1y agoYeah man, I'm sure that's exactly what they meant when talking about a decent living for $25k/year.
- chollida1 1y agoSure but not in North America, where i assume most readers of this site are from.
- golergka 1y agoJust out of pedantry, all of Mexico is in North America.
- jahewson 1y agoNot in any decent places.
- shutupnerd0000 1y agoI read this in a British accent.