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Old 03-15-2005, 08:34 PM
tolbiny tolbiny is offline
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Join Date: Mar 2004
Posts: 52
Default Re: I\'m a trustafarian

At 25 years old.
Assuming i had 70,000 after taxes i would take 50,000 and put it into a long term investment that i would expect 8-12% return on. This would be my retirement fund and i wouldn't touch it (unless of an emergency of course) untill i was 65. By then it should be >2,000,000 and it should be enough to retire on.
i would take 5,000 and put it in my poker roll, i would pay off the last 1,500 i owe on my car, take around 5,000 and plan a really nice trip- either to Australia or Europe- maybe SE asia. Take a month and see a bunch of stuff. the last 8-9,000 i would buy a hell of a setup for multitabling, a new bed/wardrobe/desk/TV/couch and hopefully have 1-2,000 in my bank account. Thats basically it- i would use the bulk of it to secure my future, and a decent chunk to enjoy now.
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