this post was submitted on 23 Aug 2024
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Weird News - Things that make you go 'hmmm'

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[–] psud@aussie.zone 21 points 2 weeks ago

You have a choice: get 57M or get an annuity that costs 57M and pays out 96M over two decades

If you took the 57 million and invested it in an index fund you would probably do better than 96M over the same timespan, though you would probably be taxed more and have to be responsible enough to not spend the money instead