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WYR be sent back to be half your current age with the knowledge you have now, or immediately receive 1 million dollars? (lemmy.dbzer0.com)
submitted 1 year ago by to c/wouldyourather@lemmy.dbzer0.com
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Back in time too, so if you're currently 40, you're heading back to 2005.

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[–] 6 points 1 year ago (5 children)

The money. I'm married with an amazing kid, so I'd lose both if I went back.

On top of that though, we're doing ok for ourselves, and the money would let us pay off all our bills and debts, and buy the house we like. There would be enough left over to help some of our friends and family who need it too :)

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  • [–] 3 points 1 year ago (3 children)

    I thought about that, but state and federal taxes would take anywhere from twenty-few percent, and depending on amount of debt, housing market being run off the rails by investment firms, needing a savings and retirement account... Going back in time may be the more rewarding option, financially and otherwise, depending on personal variables.

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  • [–] 3 points 1 year ago (1 child)

    Yeah, that's a good point. I took it as being a million to spend, but tax would take a big bite, depending on where you are.

    I'm in the UK, so it converts to about £745,000 at the moment. I could buy a nice terraced house that I like for £175,000 and clear my existing mortgage and debts for about £60,000, so would have about half a million to spend. It's a lot, but wouldn't go as far as you'd think.

    I'd still keep my kid though 🙂

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