It may not be the most sound financial planning, but I'm looking to fund the bulk majority of what I hope will be a very lavish retirement account, with my Mega Millions winnings. I am reasonable, however, I do not invest anything more into my lottery dreams than what I can afford to lose and I never bother even buying tickets until it is worth winning. Worth winning to me means the payout must be greater than $100 million. I mean honestly, what would anyone do with a piddly $15 or $20 million? When Mega Millions, or any of the number of other high-paying lotteries sits at their minimum, I invest my retirement funds into scratch-off lottery tickets to combine investing with a little exercise.
My husband has a 401K plan from his employer...how utterly and completely boring can you get? Every three months, he gets a large envelope in the mail filled with numbers and percentages and other really boring stuff, all accompanied by brochures featuring gray-haired people walking Golden Retrievers down tree-lined country roads. I can fall asleep just thinking about what a boring retirement those people have! Where's the excitement? Where's the fun? Where's the ping pong balls that potentially hold the difference between a comfortable retirement and one spent traveling the world on my own private jet and bathing in Armand de Brignac Midas champagne.
Okay, I will admit it, I am far too frugal to bathe in $200,000 a bottle champagne and could live with a rental jet, but after winning I would be more than happy to help out the world's economy with some serious shopping!
363 million dollars? That sounds too good to be true! If you have that amount of money upon retirement, the years of your hard work and perseverance would definitely be more than worth it! Hmmm… As for me, if I have millions of dollars, I would invest the money right and start a business as my foremost retirement plan. :)
ReplyDeleteWhoa! You could live your retirement years to the fullest if you have that amount of money. Anyhow, it’s still best to identify your retirement strategy plans to enjoy a comfortable and well-funded post-career life. The easiest way to save up for a retirement plan is to spare 10 % of your monthly income. 10% seems low, but as your financial situation changes over the years, you can adjust your contribution afterwards.
ReplyDelete