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.
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.
Dude, time travel wizard money is only taxed in like Switzerland Belarus and Ethiopia. Dont dox yourself.