You put one in Australia then one in a bank in America you rob the bank and ditch America for Australia there main language is English so you good there and you have the best alibi because literally minutes after the robbery you where in Australia if that doesn’t work you spend some money from the bank to lay low in Ecuador trust me it’s the last place they would look
Brita filter is not industrial strength. Or if you go for bathtub, why not a puddle from a pothole outside your window? Go nuts. Live a little. Cause you won't live for much longer at this rate.
It's weird, undeniably. Would I do it, though? Yeah, if there was a reason not to use the sink. Why tf not? It's all coming from the same source and it's being filtered anyway.
Yeah, like a Ren Faire where people dress up and there are booths and stuff, but also the added element of those worlds layered in and adding some rides and experiences too
3 million could get you a nice house and $600 a week for 80 years. Which is easy to live on. The issue is self control in how you spend it. God knows I would not spend it wisely.
I did some math and for myself I'd need $7 million. That's a little less than 100k a year for 77 years (I'm 33, in this hypothetical I'll be 100 when I die). I'm hoping this will be enough to account for inflation in the future and hopefully I'll be able to live in a lower standard of "comfort" still.
I assume I have like 60 ish years left in me, maybe 70, and that there are no taxes on any of the money. I eaarn like 60k ish after taxes, and that's plenty. That's 4.2 mil. But with inflation at an avrage of around 3.1% 60k is very little in 50 years, so I need around 14 mil to maintain standard of living for the rest of my life, But with the money frontloaded I can buy property with no loans, and have more free time to do stuff cheaply, like DIYing stuff. Also I probably don't need as much money in old age, and since a lot of my money now go to pay intrest on my mortage, and that dissapears, I can get by with less. 10 mil I would take it confidently. Lower I would have to think about it.
Check out the full episode if you want to dig further into this hypothetical question: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-FNTIGhCVV94.html
Correct answer is in the 2.5-5 million dollar range depending on how old you are bc then you literally just invest it in blue chip stocks making 3-4% dividends with 2-4% growth and youd be making 75-150k a year ontop of your growth if your younger then 35 maybe youd take a tad more incase the stockmarket crashes or inflation hits all time highs again
I think that for purposes of the question you can't invest the money it's just cash you have to live off because that makes it more difficult to answer
@ElijahStroud well you'd take out enough to live for the next 6 months then when the dividends start hitting your bank account then you can easily live off of the dividens you just have to be strict and not live like your rich
Yeah for the purposes of this question, you can’t get any money from investments or any other source. Feel free to check out the full episode to see how we dig into the details though!
The fact that you were born in likely 1997 making you a year younger than me and you think 400k could set up your wife and daughter for life and then you would leave them without you in this world is really sad brother I hope your all good sincerely I know it can be tough I’m sure the way wouldn’t trade you for 400k
@@gonzostwin1 don’t be! Feel free to check out the full podcast episode if you want to dive further into the details on the question! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-FNTIGhCVV94.html
People live their entire lives, making less than 30k a year so the correct answer is about 1-2million that's roughly how much someone making less than 30k from age 18 to 75 would make.
@@Lossh2004 100k a year would only last that for 100 years. your own lifetime is all that would last. Granted it would be enough to life comfortably, but not extravagantly.
I think for the purposes of this question we said you can’t leave any of this money to anyone after you pass, so that wouldn’t have to be factored in. Check out the full episode if you want to hear more of the details we get into!
@@Lossh2004 With inflation 100k in 2074 is worth about the same as 20k today. 10 mil is probably still plenty, but you would have to think about your spending a bit more that it might seem, you need the brunt of your money during retirement with this setup
Pretty true for the most part, I think in the full episode I said something like under 5 dollars is fine. We also discuss a workaround that makes it pretty reasonable to buy gifts in this scenario
But in this scenario it’s gotta last the rest of your life! (900 billion is obviously still not reasonable, but we get into the details in the full episode)
For me, low number, is 5 million. That's enough to last me until I live to 80, accounting for inflation, medical expenses, care for when I'm older, etc, etc. anything less, and I'd need to continue to work.
Be sure to check out the full episode if you want to hear us break it down in more detail! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-FNTIGhCVV94.html
Yeah this is very much a first reaction haha. If you listen to the full episode and get into the nitty gritty of the question, we generally end up muuuuch lower than this
