o AMERICAN Gamer wins the 3 MILLION top prize at the FORTNITE Tournament!!!

Topic List	Page List: 1
Full Throttle 07/29/19 1:26:07 AM #1:	Do you think this kid could retire now if he's careful with his 3 million? - Results (6 votes) Yes 66.67% (4 votes) 4 No 33.33% (2 votes) 2 30 MILLION dollar prizes were up for grabs at the Fortnite World Championships in New York...and 16 y/o Kyle Giersdorf aka "Bugha" came out on top as the big winner of the top 3 MILLION dollar prize on Sunday!! The Pennsylvania gamer took the lead in the first 6 games and never looked back he said "It's insane" after being crowned the multi-millionaire where he scored almost double the points of his closest opponent 59 to 33 She was consistent desite playing in t he first world cup final with millions of dollars on the line at the Arthur Ashe stadium where the US Open Tennis tournament takes place His best friend, Colin Bradley, who'll likely ask for some dough, said "this morning he was worriless, energetic, having fun ot make sure he wasn't stressed at all" Users are dropped onto an island where they search for wewapons and other resources while elimminating other players..all while trying to save alive Bradley said his friend is one of the smartest players and he knows how to play the game as Kyle had the high ground advantage Dawn Seiders, Kyle's aunt said "A lot of people think it's just a game, but he is practicing, dedicated, determined. I think he's the definition of a PROFESSIONAL" Epic Games spent a whopping 100 MILLION on the inaugural event, including staging 10 weeks of qualifying culimating in the weekend's tournament Over 3 days, they gave out 30 million in prize money as EVERY competitor is guaranteed to leave 50,000 Gamers using the pseudonyms "Nyhrox" and "aqua" became the first fortnite world champions in the duo champion who won 1.5 MIL Each Bugha became the biggest solo winner while Psalm won 1.8 million, Epikwhale won 1.2 million and Kreo won 1.05 million..all Americans. Argentinian player Thiago Lapp aka "King", who is only THIRTEEN just missed the million and won 900,000 and finished fifth 23,000 people filled up the stage as audiences went crazy during the finals as players came from South Korea, France, Mexico and Australia among otheres Do you think this kid could retire if he's careful? Kyle - Winner Psalm - won 1.8 million Epikwhale - won 1.2 million Kreo - won 1.05. million Thiago - 13 y/o won 900K --- call me mrduckbear, sweater monkeys. A GFAQS User Steps On A Bug, I'll Stop Posting for 48 HOURS. THIS ACCOUNT ONLY!! I'm an Asian Liberal. RESIST The Alt-Right <cite>Full Throttle posted [p:925319985] in 16 y/o AME... [t:77897821]...</cite> <quote> Do you think this kid could retire now if he's careful with his 3 million? - Results (6 votes) Yes 66.67% (4 votes) 4 No 33.33% (2 votes) 2 30 MILLION dollar prizes were up for grabs at the Fortnite World Championships in New York...and 16 y/o Kyle Giersdorf aka "Bugha" came out on top as the big winner of the top 3 MILLION dollar prize on Sunday!! The Pennsylvania gamer took the lead in the first 6 games and never looked back he said "It's insane" after being crowned the multi-millionaire where he scored almost double the points of his closest opponent 59 to 33 She was consistent desite playing in t he first world cup final with millions of dollars on the line at the Arthur Ashe stadium where the US Open Tennis tournament takes place His best friend, Colin Bradley, who'll likely ask for some dough, said "this morning he was worriless, energetic, having fun ot make sure he wasn't stressed at all" Users are dropped onto an island where they search for wewapons and other resources while elimminating other players..all while trying to save alive Bradley said his friend is one of the smartest players and he knows how to play the game as Kyle had the high ground advantage Dawn Seiders, Kyle's aunt said "A lot of people think it's just a game, but he is practicing, dedicated, determined. I think he's the definition of a PROFESSIONAL" Epic Games spent a whopping 100 MILLION on the inaugural event, including staging 10 weeks of qualifying culimating in the weekend's tournament Over 3 days, they gave out 30 million in prize money as EVERY competitor is guaranteed to leave 50,000 Gamers using the pseudonyms "Nyhrox" and "aqua" became the first fortnite world champions in the duo champion who won 1.5 MIL Each Bugha became the biggest solo winner while Psalm won 1.8 million, Epikwhale won 1.2 million and Kreo won 1.05 million..all Americans. Argentinian player Thiago Lapp aka "King", who is only THIRTEEN just missed the million and won 900,000 and finished fifth 23,000 people filled up the stage as audiences went crazy during the finals as players came from South Korea, France, Mexico and Australia among otheres Do you think this kid could retire if he's careful? Kyle - Winner Psalm - won 1.8 million Epikwhale - won 1.2 million Kreo - won 1.05. million Thiago - 13 y/o won 900K </quote> ... Copied to Clipboard!
The_tall_midget 07/29/19 1:27:13 AM #2:	Did he dab like an idiot? --- "I believe our country should be more fearful of white men." -Totally not racist or sexist, anti-semite Ilhan Omar <cite>The_tall_midget posted [p:925320016] in 16 y/o AME... [t:77897821]...</cite> <quote>Did he dab like an idiot?</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 1:47:10 AM #3:	Of course he was a Kyle. Also, why don't these tournaments payout like, 1/10th of what they do? These are kids, they'll be just as pleased by winning 90k for coming 5th. --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925320470] in 16 y/o AME... [t:77897821]...</cite> <quote>Of course he was a Kyle. Also, why don't these tournaments payout like, 1/10th of what they do? These are kids, they'll be just as pleased by winning 90k for coming 5th.</quote> ... Copied to Clipboard!
kind9 07/29/19 6:36:09 AM #4:	I think they actually aired some of that tournament on broadcast TV. What a strange new world we're living in. --- https://imgur.com/NkZUeFd <cite>kind9 posted [p:925325293] in 16 y/o AME... [t:77897821]...</cite> <quote>I think they actually aired some of that tournament on broadcast TV. What a strange new world we're living in.</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 7:18:49 AM #5:	Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. <cite>bodak_vess posted [p:925325939] in 16 y/o AME... [t:77897821]...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 7:30:50 AM #6:	bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925326132] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 7:51:49 AM #7:	Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am trying to buy my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year. <cite>bodak_vess posted [p:925326505] in 16 y/o AME... [t:77897821]...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am trying to buy my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year.</quote> ... Copied to Clipboard!
sveksii 07/29/19 7:55:52 AM #8:	bodak_vess posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year. The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked. <cite>sveksii posted [p:925326577] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year.</quote>The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked.</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 7:59:04 AM #9:	sveksii posted... bodak_vess posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year. The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked. Yeah, I'm saying no he can't retire on 42k a year. Not if he wants a house, family, etc... Those who think he can are probably too young to understand that. If you want to get technical and say he'll live alone in an apartment his whole life, sure. <cite>bodak_vess posted [p:925326634] in 16 y/o AME... [t:77897821]...</cite> <quote>sveksii posted...</cite> <quote>bodak_vess posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year.</quote>The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked.</quote> Yeah, I'm saying no he can't retire on 42k a year. Not if he wants a house, family, etc... Those who think he can are probably too young to understand that. If you want to get technical and say he'll live alone in an apartment his whole life, sure.</quote> ... Copied to Clipboard!
sveksii 07/29/19 8:07:23 AM #10:	bodak_vess posted... sveksii posted... bodak_vess posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year. The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked. Yeah, I'm saying no he can't retire on 42k a year. Not if he wants a house, family, etc... Those who think he can are probably too young to understand that. If you want to get technical and say he'll live alone in an apartment his whole life, sure. So you're saying that there is a way where retiring would work, and therefore the answer to whether he could retire is indeed yes. Everything else you posted is still focusing on the should, which isn't the question asked. You can argue it's a stupid question, but as currently worded the answer is yes. <cite>sveksii posted [p:925326792] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>sveksii posted...</cite> <quote>bodak_vess posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year.</quote>The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked.</quote> Yeah, I'm saying no he can't retire on 42k a year. Not if he wants a house, family, etc... Those who think he can are probably too young to understand that. If you want to get technical and say he'll live alone in an apartment his whole life, sure.</quote>So you're saying that there is a way where retiring would work, and therefore the answer to whether he could retire is indeed yes. Everything else you posted is still focusing on the should, which isn't the question asked. You can argue it's a stupid question, but as currently worded the answer is yes.</quote> ... Copied to Clipboard!
redline65 07/29/19 8:21:47 AM #11:	Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments. <cite>redline65 posted [p:925327078] in 16 y/o AME... [t:77897821]...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments.</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 8:32:37 AM #12:	redline65 posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments. What kind of moronic system taxes winnings? --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925327303] in 16 y/o AME... [t:77897821]...</cite> <quote>redline65 posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments.</quote> What kind of moronic system taxes winnings?</quote> ... Copied to Clipboard!
redline65 07/29/19 8:55:46 AM #13:	Kyuubi4269 posted... redline65 posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments. What kind of moronic system taxes winnings? Tournament was in New York... winnings are taxed as income in the US. Gambling, sweepstakes... any winnings are considered income. Whoever cuts the check to the winners will most likely withhold the taxes automatically. <cite>redline65 posted [p:925327916] in 16 y/o AME... [t:77897821]...</cite> <quote>Kyuubi4269 posted...</cite> <quote>redline65 posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments.</quote> What kind of moronic system taxes winnings?</quote> Tournament was in New York... winnings are taxed as income in the US. Gambling, sweepstakes... any winnings are considered income. Whoever cuts the check to the winners will most likely withhold the taxes automatically.</quote> ... Copied to Clipboard!
krazychao5 07/29/19 9:20:43 AM #14:	Kyuubi4269 posted... redline65 posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments. What kind of moronic system taxes winnings? Uh, every tax system would tax winnings. Think the government won't want that sweet, sweet money? --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:925328564] in 16 y/o AME... [t:77897821]...</cite> <quote>Kyuubi4269 posted...</cite> <quote>redline65 posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> You're forgetting that Uncle Sam will take nearly half of it off the top, so it's probably closer to 25K every year. I'm guessing he'll clear around 1.75M after taxes. I doubt he'll be able to retire unless he makes some really good investments.</quote> What kind of moronic system taxes winnings?</quote> Uh, every tax system would tax winnings. Think the government won't want that sweet, sweet money?</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 9:31:28 AM #15:	sveksii posted... bodak_vess posted... sveksii posted... bodak_vess posted... Kyuubi4269 posted... bodak_vess posted... Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life. 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers. Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year. The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked. Yeah, I'm saying no he can't retire on 42k a year. Not if he wants a house, family, etc... Those who think he can are probably too young to understand that. If you want to get technical and say he'll live alone in an apartment his whole life, sure. So you're saying that there is a way where retiring would work, and therefore the answer to whether he could retire is indeed yes. Everything else you posted is still focusing on the should, which isn't the question asked. You can argue it's a stupid question, but as currently worded the answer is yes. The world doesn't work in hypothetical questions dude. I gave an honest answer to the question. Getting super technical probably means you aren't that fun at parties. In the real world, if you want to live a normal life with kids and a house, own cars, maybe a boat, go on vacation with your family then NO. He can not retire on that. I'm done arguing with the logistics of a question. You want a real answer to the question then my original post contains that. <cite>bodak_vess posted [p:925328910] in 16 y/o AME... [t:77897821]...</cite> <quote>sveksii posted...</cite> <quote>bodak_vess posted...</cite> <quote>sveksii posted...</cite> <quote>bodak_vess posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>Retire at age 16 with only 3M? That would be crazy imo, everyone that voted yes are probably still too young to understand that. He has to use his money wisely to start his own business or further a career in whatever field he chooses. He earned it though, now he has a great shot at doing something he truly loves for the rest of his life.</quote> 3 million is 42k every year until he's 86, that's more than a lot of people earn in a lifetime, particularly dorito-dusted basement-dwellers.</quote> Yeah man, 42k a year ain't that much. More than a lot of people, sure. Less than a lot of people as well. I only make about 60k a year right now, I will cap at 105k. I have a child, I am buying my first home. By no means am I living a luxurious life. Get to go on vacation once a year. I live on a budget homie, so if you'd be satisfied with 42k a year you don't have much determination in life. You want to do big boy stuff then you need to be making at least 100k a year.</quote>The question wasn't whether should he retire. It was whether could he retire. You're arguing about something that is irrelevant to the question that was asked.</quote> Yeah, I'm saying no he can't retire on 42k a year. Not if he wants a house, family, etc... Those who think he can are probably too young to understand that. If you want to get technical and say he'll live alone in an apartment his whole life, sure.</quote>So you're saying that there is a way where retiring would work, and therefore the answer to whether he could retire is indeed yes. Everything else you posted is still focusing on the should, which isn't the question asked. You can argue it's a stupid question, but as currently worded the answer is yes.</quote> The world doesn't work in hypothetical questions dude. I gave an honest answer to the question. Getting super technical probably means you aren't that fun at parties. In the real world, if you want to live a normal life with kids and a house, own cars, maybe a boat, go on vacation with your family then NO. He can not retire on that. I'm done arguing with the logistics of a question. You want a real answer to the question then my original post contains that.</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 9:46:36 AM #16:	krazychao5 posted... Uh, every tax system would tax winnings. Think the government won't want that sweet, sweet money? The government works under the acceptance of the people, there's a reason why you don't have a 100% tax bracket. Taxing winnings is idiotic and a pretty neat way to demonstrate you're living in a dystopia. --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925329336] in 16 y/o AME... [t:77897821]...</cite> <quote>krazychao5 posted...</cite> <quote>Uh, every tax system would tax winnings. Think the government won't want that sweet, sweet money?</quote> The government works under the acceptance of the people, there's a reason why you don't have a 100% tax bracket. Taxing winnings is idiotic and a pretty neat way to demonstrate you're living in a dystopia.</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 9:47:57 AM #17:	Also "In the real world, nobody would retire without a boat" lol --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925329373] in 16 y/o AME... [t:77897821]...</cite> <quote>Also "In the real world, nobody would retire without a boat" lol</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 11:21:04 AM #18:	Kyuubi4269 posted... Also "In the real world, nobody would retire without a boat" lol I really don't see the point in this statement. Are you saying a boat is over the top? Nobody retires with one? Retire means his income is done, he wouldn't collect anything at all because he didn't work and build up a 401k, etc.. Take his 3 million and start by taking the taxes from it, then subtract a house, taxes every year, cars, kids etc and see how far that lasts. What about a wedding, college for the kids? The fact you really believe he could retire on that shows your age. I'm certain you don't pay for any of that now. <cite>bodak_vess posted [p:925332385] in 16 y/o AME... [t:77897821]...</cite> <quote>Kyuubi4269 posted...</cite> <quote>Also "In the real world, nobody would retire without a boat" lol</quote> I really don't see the point in this statement. Are you saying a boat is over the top? Nobody retires with one? Retire means his income is done, he wouldn't collect anything at all because he didn't work and build up a 401k, etc.. Take his 3 million and start by taking the taxes from it, then subtract a house, taxes every year, cars, kids etc and see how far that lasts. What about a wedding, college for the kids? The fact you really believe he could retire on that shows your age. I'm certain you don't pay for any of that now.</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 11:26:38 AM #19:	bodak_vess posted... I really don't see the point in this statement. Are you saying a boat is over the top? Yes, you're acting like a boat is a fucking essential to retire lol bodak_vess posted... Retire means his income is done, he wouldn't collect anything at all because he didn't work and build up a 401k, etc.. Retire means he doesn't have to work any more, and he doesn't. Pensioners work part-time to stay active and get some luxuries, he could do the same. bodak_vess posted... The fact you really believe he could retire on that shows your age. I'm certain you don't pay for any of that now. I just don't live in a third world country that tries to nickel and dime every little thing (yet). --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925332568] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>I really don't see the point in this statement. Are you saying a boat is over the top?</quote> Yes, you're acting like a boat is a fucking essential to retire lol bodak_vess posted...</cite> <quote>Retire means his income is done, he wouldn't collect anything at all because he didn't work and build up a 401k, etc..</quote> Retire means he doesn't have to work any more, and he doesn't. Pensioners work part-time to stay active and get some luxuries, he could do the same. bodak_vess posted...</cite> <quote>The fact you really believe he could retire on that shows your age. I'm certain you don't pay for any of that now.</quote> I just don't live in a third world country that tries to nickel and dime every little thing (yet).</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 11:49:15 AM #20:	I'm certain you are too young to understand his situation right now as well. I'm not trying to argue about it, I'm just being realistic and you are not. He wouldn't have a 401k, Pension, NOTHING! So that means if he goes BACK TO WORK, even part time, he's not retired from anything! <cite>bodak_vess posted [p:925333296] in 16 y/o AME... [t:77897821]...</cite> <quote>I'm certain you are too young to understand his situation right now as well. I'm not trying to argue about it, I'm just being realistic and you are not. He wouldn't have a 401k, Pension, NOTHING! So that means if he goes BACK TO WORK, even part time, he's not retired from anything!</quote> ... Copied to Clipboard!
Kyuubi4269 07/29/19 11:56:25 AM #21:	bodak_vess posted... He wouldn't have a 401k, Pension, NOTHING! He would have $42k/year until he dies. Most men will die by 86. bodak_vess posted... So that means if he goes BACK TO WORK, even part time, he's not retired from anything! He can retire from competitive gaming, he can retire from the rat race; from here on out he only needs to do what he thinks is worthwhile, not what puts food on the table. --- Doctor Foxx posted... The demonizing of soy has a lot to do with xenophobic ideas. <cite>Kyuubi4269 posted [p:925333555] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>He wouldn't have a 401k, Pension, NOTHING!</quote> He would have $42k/year until he dies. Most men will die by 86. bodak_vess posted...</cite> <quote>So that means if he goes BACK TO WORK, even part time, he's not retired from anything!</quote> He can retire from competitive gaming, he can retire from the rat race; from here on out he only needs to do what he thinks is worthwhile, not what puts food on the table.</quote> ... Copied to Clipboard!
mooreandrew58 07/29/19 12:07:16 PM #22:	My brother supported a gf and child on 31k a year. It wasnt easy but he still was able to afford buying video games and new video game consoles among other frivolus expenses. At most his gf would only ever keep a part time job and that was simply to pay her own car and cell phone bill. As soon as her car got paid off she quit. --- Cid- "looks like that overgrown lobster just got served!" Bartz-"with cheese biscuts AND mashed potatoes!" <cite>mooreandrew58 posted [p:925333959] in 16 y/o AME... [t:77897821]...</cite> <quote>My brother supported a gf and child on 31k a year. It wasnt easy but he still was able to afford buying video games and new video game consoles among other frivolus expenses. At most his gf would only ever keep a part time job and that was simply to pay her own car and cell phone bill. As soon as her car got paid off she quit.</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 12:23:43 PM #23:	Kyuubi4269 posted... bodak_vess posted... He wouldn't have a 401k, Pension, NOTHING! He would have $42k/year until he dies. Most men will die by 86. bodak_vess posted... So that means if he goes BACK TO WORK, even part time, he's not retired from anything! He can retire from competitive gaming, he can retire from the rat race; from here on out he only needs to do what he thinks is worthwhile, not what puts food on the table. He would have nowhere close to 42k a year. Start buy subtracting taxes from that. He'll probably clear around 1.7M If he lives till 86 as you are saying he would have closer to 25k a year to live off of the rest of his life! I made that when I was 18 years old working full time and going to school. My point is, that he is going to have to work, that's the reality of it. He earned himself a great starting position in his young life. <cite>bodak_vess posted [p:925334581] in 16 y/o AME... [t:77897821]...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>He wouldn't have a 401k, Pension, NOTHING!</quote> He would have $42k/year until he dies. Most men will die by 86. bodak_vess posted...</cite> <quote>So that means if he goes BACK TO WORK, even part time, he's not retired from anything!</quote> He can retire from competitive gaming, he can retire from the rat race; from here on out he only needs to do what he thinks is worthwhile, not what puts food on the table.</quote> He would have nowhere close to 42k a year. Start buy subtracting taxes from that. He'll probably clear around 1.7M If he lives till 86 as you are saying he would have closer to 25k a year to live off of the rest of his life! I made that when I was 18 years old working full time and going to school. My point is, that he is going to have to work, that's the reality of it. He earned himself a great starting position in his young life.</quote> ... Copied to Clipboard!
redline65 07/29/19 12:56:16 PM #24:	bodak_vess posted... Kyuubi4269 posted... bodak_vess posted... He wouldn't have a 401k, Pension, NOTHING! He would have $42k/year until he dies. Most men will die by 86. bodak_vess posted... So that means if he goes BACK TO WORK, even part time, he's not retired from anything! He can retire from competitive gaming, he can retire from the rat race; from here on out he only needs to do what he thinks is worthwhile, not what puts food on the table. He would have nowhere close to 42k a year. Start buy subtracting taxes from that. He'll probably clear around 1.7M If he lives till 86 as you are saying he would have closer to 25k a year to live off of the rest of his life! I made that when I was 18 years old working full time and going to school. My point is, that he is going to have to work, that's the reality of it. He earned himself a great starting position in his young life. While I agree he'll clear around 1.7M, if he's smart with investing and can make a 5% return each year that's $85K per year if he doesn't touch the principal. That's before taxes, of course, but it isn't unreasonable to live on. But it assumes he's smart with investing and can get a 5% return every year, even when the economy is weak. So in theory he could retire, but he'd have to invest wisely and control spending i.e. not live like a rock star. <cite>redline65 posted [p:925335779] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>Kyuubi4269 posted...</cite> <quote>bodak_vess posted...</cite> <quote>He wouldn't have a 401k, Pension, NOTHING!</quote> He would have $42k/year until he dies. Most men will die by 86. bodak_vess posted...</cite> <quote>So that means if he goes BACK TO WORK, even part time, he's not retired from anything!</quote> He can retire from competitive gaming, he can retire from the rat race; from here on out he only needs to do what he thinks is worthwhile, not what puts food on the table.</quote> He would have nowhere close to 42k a year. Start buy subtracting taxes from that. He'll probably clear around 1.7M If he lives till 86 as you are saying he would have closer to 25k a year to live off of the rest of his life! I made that when I was 18 years old working full time and going to school. My point is, that he is going to have to work, that's the reality of it. He earned himself a great starting position in his young life.</quote> While I agree he'll clear around 1.7M, if he's smart with investing and can make a 5% return each year that's $85K per year if he doesn't touch the principal. That's before taxes, of course, but it isn't unreasonable to live on. But it assumes he's smart with investing and can get a 5% return every year, even when the economy is weak. So in theory he could retire, but he'd have to invest wisely and control spending i.e. not live like a rock star.</quote> ... Copied to Clipboard!
wwinterj25 07/29/19 1:50:34 PM #25:	Full Throttle posted... Do you think this kid could retire now if he's careful with his 3 million? He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form. --- One who knows nothing can understand nothing. http://psnprofiles.com/wwinterj - https://imgur.com/kDysIcd <cite>wwinterj25 posted [p:925337944] in 16 y/o AME... [t:77897821]...</cite> <quote>Full Throttle posted...</cite> <quote>Do you think this kid could retire now if he's careful with his 3 million? </quote> He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form.</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 2:09:20 PM #26:	wwinterj25 posted... Full Throttle posted... Do you think this kid could retire now if he's careful with his 3 million? He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form. Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling. <cite>bodak_vess posted [p:925338696] in 16 y/o AME... [t:77897821]...</cite> <quote>wwinterj25 posted...</cite> <quote>Full Throttle posted...</cite> <quote>Do you think this kid could retire now if he's careful with his 3 million? </quote> He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form.</quote> Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling.</quote> ... Copied to Clipboard!
mooreandrew58 07/29/19 2:19:37 PM #27:	bodak_vess posted... wwinterj25 posted... Full Throttle posted... Do you think this kid could retire now if he's careful with his 3 million? He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form. Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling. So i guess my post is just going to be ignored where I pointed out my brother does fine on 31k a year (before taxes) and. Supports a girl and his kid. He rents a place sure but a lot of people are fine with that. Guess what in saying too is depends on where you live and what the cost of living is. But i will point out as time goes on things will inevitably get more expensive where as other than gaining interest in thr bank the money hes won wont change to reflect new higher prices. --- Cid- "looks like that overgrown lobster just got served!" Bartz-"with cheese biscuts AND mashed potatoes!" <cite>mooreandrew58 posted [p:925339124] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>wwinterj25 posted...</cite> <quote>Full Throttle posted...</cite> <quote>Do you think this kid could retire now if he's careful with his 3 million? </quote> He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form.</quote> Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling.</quote> So i guess my post is just going to be ignored where I pointed out my brother does fine on 31k a year (before taxes) and. Supports a girl and his kid. He rents a place sure but a lot of people are fine with that. Guess what in saying too is depends on where you live and what the cost of living is. But i will point out as time goes on things will inevitably get more expensive where as other than gaining interest in thr bank the money hes won wont change to reflect new higher prices.</quote> ... Copied to Clipboard!
Eat Man 07/29/19 2:44:06 PM #28:	Invest it 70/30 to 90/10 stocks/bonds and hell be fine. Nest egg is basically already done its all just quality of life gravy between gains and any jobs he decides to take. Yes if invested wisely he could retire and live frugally. Or do light work and live less frugally. --- Oops, my bad, that's my scenario. <cite>Eat Man posted [p:925340164] in 16 y/o AME... [t:77897821]...</cite> <quote>Invest it 70/30 to 90/10 stocks/bonds and hell be fine. Nest egg is basically already done its all just quality of life gravy between gains and any jobs he decides to take. Yes if invested wisely he could retire and live frugally. Or do light work and live less frugally.</quote> ... Copied to Clipboard!
Monopoman 07/29/19 3:01:28 PM #29:	One thing to point out here is 42k a year goes a hell of a lot farther in some areas than in others. Sure if he wants to live in LA or some other large city 42k a year is a much tougher to live on then if he goes to some other area. The best part about having a lot of money and not relying on a job for that money is you can live literally anywhere on earth and some places are far cheaper to buy a house or something. I will also point out that I assume that $3 million is going to get quite the tax hit so it's more like he won $1.5 million or something. <cite>Monopoman posted [p:925340917] in 16 y/o AME... [t:77897821]...</cite> <quote>One thing to point out here is 42k a year goes a hell of a lot farther in some areas than in others. Sure if he wants to live in LA or some other large city 42k a year is a much tougher to live on then if he goes to some other area. The best part about having a lot of money and not relying on a job for that money is you can live literally anywhere on earth and some places are far cheaper to buy a house or something. I will also point out that I assume that $3 million is going to get quite the tax hit so it's more like he won $1.5 million or something.</quote> ... Copied to Clipboard!
bodak_vess 07/29/19 6:56:17 PM #30:	mooreandrew58 posted... bodak_vess posted... wwinterj25 posted... Full Throttle posted... Do you think this kid could retire now if he's careful with his 3 million? He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form. Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling. So i guess my post is just going to be ignored where I pointed out my brother does fine on 31k a year (before taxes) and. Supports a girl and his kid. He rents a place sure but a lot of people are fine with that. Guess what in saying too is depends on where you live and what the cost of living is. But i will point out as time goes on things will inevitably get more expensive where as other than gaining interest in thr bank the money hes won wont change to reflect new higher prices. Sorry, I must have passed by it, I was at work. So he'd have about 6k less than what your brother does. Yes, where you live absolutely matters as well. I am from NY, I'm looking at houses now and a decent one is around 400-600k. They couldn't come close to affording that on 25k a year. They'd be leveled after paying taxes. Now I don't judge anybody for how they choose to live their life. For myself the 60k I make now is not enough. I can afford an apartment, my car, the bills (cell, internet, subscriptions) and taking a vacation or two but I'm not left with much. After grocery shopping, essentials for the kid and some entertainment here and there I'm done, not saving much. Also I couldn't comfortably afford that house (taxes, mortgage, maintenance) for about 2 more years when I hit 80k. Saying someone can retire on 25k a year is just dumb. Can he survive, sure. People are acting as if he's set for life. 25k a year is not a comfortable life by any means, even in a cheaper state. <cite>bodak_vess posted [p:925350663] in 16 y/o AME... [t:77897821]...</cite> <quote>mooreandrew58 posted...</cite> <quote>bodak_vess posted...</cite> <quote>wwinterj25 posted...</cite> <quote>Full Throttle posted...</cite> <quote>Do you think this kid could retire now if he's careful with his 3 million? </quote> He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form.</quote> Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling.</quote> So i guess my post is just going to be ignored where I pointed out my brother does fine on 31k a year (before taxes) and. Supports a girl and his kid. He rents a place sure but a lot of people are fine with that. Guess what in saying too is depends on where you live and what the cost of living is. But i will point out as time goes on things will inevitably get more expensive where as other than gaining interest in thr bank the money hes won wont change to reflect new higher prices.</quote> Sorry, I must have passed by it, I was at work. So he'd have about 6k less than what your brother does. Yes, where you live absolutely matters as well. I am from NY, I'm looking at houses now and a decent one is around 400-600k. They couldn't come close to affording that on 25k a year. They'd be leveled after paying taxes. Now I don't judge anybody for how they choose to live their life. For myself the 60k I make now is not enough. I can afford an apartment, my car, the bills (cell, internet, subscriptions) and taking a vacation or two but I'm not left with much. After grocery shopping, essentials for the kid and some entertainment here and there I'm done, not saving much. Also I couldn't comfortably afford that house (taxes, mortgage, maintenance) for about 2 more years when I hit 80k. Saying someone can retire on 25k a year is just dumb. Can he survive, sure. People are acting as if he's set for life. 25k a year is not a comfortable life by any means, even in a cheaper state.</quote> ... Copied to Clipboard!
ChaosAzeroth 07/29/19 7:12:31 PM #31:	bodak_vess posted... 25k a year is not a comfortable life by any means, even in a cheaper state. We've done okay on 20k/year though... (This town is broke af, if people couldn't live on 20k/year most people around here wouldn't make it. Flat out. Job 'opportunities' are... crap mostly. Considering how many are fed min wage and no overtime, there's a decent chunk of people being stuck with only $15080 BEFORE TAXES. The town is mostly fast food and gas stations.) He COULD retire, but I'm gonna go with just doing what he loves. Might was well do what you love and get a more comfortable living in the process. <cite>ChaosAzeroth posted [p:925351343] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>25k a year is not a comfortable life by any means, even in a cheaper state. </quote> We've done okay on 20k/year though... (This town is broke af, if people couldn't live on 20k/year most people around here wouldn't make it. Flat out. Job 'opportunities' are... crap mostly. Considering how many are fed min wage and no overtime, there's a decent chunk of people being stuck with only $15080 BEFORE TAXES. The town is mostly fast food and gas stations.) He COULD retire, but I'm gonna go with just doing what he loves. Might was well do what you love and get a more comfortable living in the process.</quote> ... Copied to Clipboard!
mooreandrew58 07/29/19 8:51:13 PM #32:	bodak_vess posted... mooreandrew58 posted... bodak_vess posted... wwinterj25 posted... Full Throttle posted... Do you think this kid could retire now if he's careful with his 3 million? He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form. Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling. So i guess my post is just going to be ignored where I pointed out my brother does fine on 31k a year (before taxes) and. Supports a girl and his kid. He rents a place sure but a lot of people are fine with that. Guess what in saying too is depends on where you live and what the cost of living is. But i will point out as time goes on things will inevitably get more expensive where as other than gaining interest in thr bank the money hes won wont change to reflect new higher prices. Sorry, I must have passed by it, I was at work. So he'd have about 6k less than what your brother does. Yes, where you live absolutely matters as well. I am from NY, I'm looking at houses now and a decent one is around 400-600k. They couldn't come close to affording that on 25k a year. They'd be leveled after paying taxes. Now I don't judge anybody for how they choose to live their life. For myself the 60k I make now is not enough. I can afford an apartment, my car, the bills (cell, internet, subscriptions) and taking a vacation or two but I'm not left with much. After grocery shopping, essentials for the kid and some entertainment here and there I'm done, not saving much. Also I couldn't comfortably afford that house (taxes, mortgage, maintenance) for about 2 more years when I hit 80k. Saying someone can retire on 25k a year is just dumb. Can he survive, sure. People are acting as if he's set for life. 25k a year is not a comfortable life by any means, even in a cheaper state. Personally id consider it retired if all you need is a part time job to live comfortably without assistance Thats me though. --- Cid- "looks like that overgrown lobster just got served!" Bartz-"with cheese biscuts AND mashed potatoes!" <cite>mooreandrew58 posted [p:925355331] in 16 y/o AME... [t:77897821]...</cite> <quote>bodak_vess posted...</cite> <quote>mooreandrew58 posted...</cite> <quote>bodak_vess posted...</cite> <quote>wwinterj25 posted...</cite> <quote>Full Throttle posted...</cite> <quote>Do you think this kid could retire now if he's careful with his 3 million? </quote> He'll have about 50,000 a year maybe so sure. Still if you think of any possible family he may have and so on then work would probably still be needed in some form.</quote> Lol finally someone realizes once you add a house, kids, wedding, college, etc. That isn't as much as you think it is. Also his 3M is going to be taxed. He'll walk away with around 1.7M so cut that to 25k a year. He will most certainly have to work if he wants a normal life My main point was he earned an absolute amazing opportunity in life, he can put that towards a business or career and be in a great position to do something he loves instead of settling.</quote> So i guess my post is just going to be ignored where I pointed out my brother does fine on 31k a year (before taxes) and. Supports a girl and his kid. He rents a place sure but a lot of people are fine with that. Guess what in saying too is depends on where you live and what the cost of living is. But i will point out as time goes on things will inevitably get more expensive where as other than gaining interest in thr bank the money hes won wont change to reflect new higher prices.</quote> Sorry, I must have passed by it, I was at work. So he'd have about 6k less than what your brother does. Yes, where you live absolutely matters as well. I am from NY, I'm looking at houses now and a decent one is around 400-600k. They couldn't come close to affording that on 25k a year. They'd be leveled after paying taxes. Now I don't judge anybody for how they choose to live their life. For myself the 60k I make now is not enough. I can afford an apartment, my car, the bills (cell, internet, subscriptions) and taking a vacation or two but I'm not left with much. After grocery shopping, essentials for the kid and some entertainment here and there I'm done, not saving much. Also I couldn't comfortably afford that house (taxes, mortgage, maintenance) for about 2 more years when I hit 80k. Saying someone can retire on 25k a year is just dumb. Can he survive, sure. People are acting as if he's set for life. 25k a year is not a comfortable life by any means, even in a cheaper state.</quote> Personally id consider it retired if all you need is a part time job to live comfortably without assistance Thats me though.</quote> ... Copied to Clipboard!
InfestedAdam 07/29/19 8:59:52 PM #33:	Voted yes but reading the question again asking if he could retire now as in he will not pursue a long term permanent career. I would say maybe with a possible no. I say that because even if he's careful with his spending and investments, it takes time for that investment to come into fruition. Even with minimum spending and assuming the worse possible interest gain per year, he might only break even at best. Now if he uses the money and pursue a long term permanent career while using it wisely and investing it, I definitely can see him retiring earlier than most and/or at least being able to live out a comfortable life. --- "You must gather your party before venturing forth" "Go for the eyes Boo! Go for the eyes!" <cite>InfestedAdam posted [p:925355683] in 16 y/o AME... [t:77897821]...</cite> <quote>Voted yes but reading the question again asking if he could retire now as in he will not pursue a long term permanent career. I would say maybe with a possible no. I say that because even if he's careful with his spending and investments, it takes time for that investment to come into fruition. Even with minimum spending and assuming the worse possible interest gain per year, he might only break even at best. Now if he uses the money and pursue a long term permanent career while using it wisely and investing it, I definitely can see him retiring earlier than most and/or at least being able to live out a comfortable life.</quote> ... Copied to Clipboard!
Topic List	Page List: 1

Poll of the Day > 16 y/o AMERICAN Gamer wins the 3 MILLION top prize at the FORTNITE Tournament!!! (+) Yeah! (+)

Poll of the Day > 16 y/o AMERICAN Gamer wins the 3 MILLION top prize at the FORTNITE Tournament!!!