Pay off a bunch of debt. Invest the rest.
It’s a boring answer, but it’s true. I’ve had a stable financial situation rug-pulled from under me three or four times already in my adult life. I’m sick of it.
I don’t even want to be financially stable for my own sake. I want to be able to tell my kids yes when they ask to eat at McDonald’s more than once a week. I want to be able to help everyone I know who needs it. I want to be able to pay for my wife to fly back home to her grandma’s funeral without worrying about if I need to sell a car to pay for it.
Pay off the house I live in, put 100k in trust for each of 4 family members, buy a much larger house and hire a paid staff of 3 and 1 volunteer and make it into a free shelter for single mother victims of DV and their children, set up a trust to pay for the education of both the mothers and children for the duration of their residence, and probably buy a commercial property so my mother can open a charity shop in it as she’s always wanted, and bank the rest for some interest. I’d still keep doing my job because it’s not very hard. Maybe negotiate down to 4 days a week.
I’m pretty financially comfortable and so are the members of my family that I care about. I’ll be inheriting two houses when my separated parents die, so I’m not really sweating for retirement money.
mm retire i guess and dont tell anybody
I’m a developer and I love it, but hate the current state of the field. I would quit my job and start my own company. It would be a lot less scarry if I didn’t have to worry about making money. I could just make the things I wanted.
Create a non-profit, make music, create a design studio, fund local collectives, invest on my retirement, maybe do a masters degree…
I’ll tell you what I’d do, man: ten chicks at the same time, man.
I’m not sure how I would distribute them. I just want one at each limb, one works on my scalp and neck, and one on my sore back and shoulder. Still it sounds very crowded. Let’s just have two.
Put it with rest of investments. Wait a year till capital gains kick in then probably retire on interest.
Exchange them with euro.
I’d retire.
5mill could pay a lot of poor people to hurt rish people…
5 Million? O.K. let’s roll.
60K for university education, should be plenty.
40K go to paying various bills for friends and family
100K for various charities
1.8M go to building a non-profit high tech eco commune in Argentina or a similarly climatically stable place with features inspired by FM 2030’s book Upwingers in regards to future living
300K go to anti-militarist causes
500K go to various vegan groups
200K go to building school projects in developing regions
1M are invested into a photovoltaic power station from which I will extract a $6000 rent p.a. max with the rest of the proceeds going to a fund for disabled people and disadvantaged youths
Last million:
100K for travels
100K for a communal homelab that provides hosting for FLOSS and anti-conservative politics
200K for hackspaces
250K for unions, they better have some conviction though
350K for cruelty free research on rare diseases
Share it with the first person who replied to such a question
Exchange it for Euros
Same.
Pay off the house, and all debt, buy a Slate truck and a 30 year old Subaru. Install solar and a battery. Build an Earthship. Buy tools and other supplies at auction. Invest the rest. Shelter those in need. Tip well. Hunker down and prepare.
I would buy a brick house on top of a forested hill. My nearest neighbor would be a 20-minute drive away.
I would work on my magnum opus of tabletop rpg rules, which I would convert into a video game.
I would commission art and fund the construction of shrines to the four tezcatlipocas.
Fund owl habitat preservation.
I like your style!
