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Mad55 said:
superchunk said:
Mad55 said:
Yea that's crazy. I would buy a house and some stuff that wouldn't even amount to a million dollars.


Yeah, that's what I'm thinkin. First month I'd maybe spend $1m on family and the items I listed in the OP. Then the rest is for future investment and creating true wealth.

Exactly 


And to live off the interest you only need less then 10 million (depending on how much you want to live off of. The normal interest on a savings account is 2% compounded yearly) The sad truth of the mater a lot of winners essentially throw the money away and don't do any really planning and end up broke again.