Post by gretchenindisguise on May 17, 2013 19:52:57 GMT -5
My answer:
I think I'd take a year off and force H to do the same. One year of not working and deciding what the hell to do next.
During that time, I can only imagine we'd travel quite a bit. We'd visit my family, H's family, Disneyworld, and somewhere random. I'd be pregnant at some point.
After that point. I'd want life to go back to as 'normal' as possible. I'd want L to stay in her preschool, and then go to kindergarten where we plan on her going. We'd likely have bought a house within that year off, in our current town. But I don't expect I'd ever do laundry again, or clean a toilet, or mow the yard.
I think H and I would both go back to work in some capacity. I'd do some type of pro bono work. I assume H would go back to work in a lab, but with his own hours, ha!
Not sure. I would probably get a house with a super nice gym and Olympic pool. Then I could train as much as I want and do as many races as I would want. I would go hiking a lot. Get myself a nice carbon frame bike. Travel a lot.
I want to make my family comfortable and debt-free (I guess that's part of the etc.etc.) Then, I would really like to do some philanthropic work where I live. As a teacher, I see some great needs here and would like to try to address some of those and take the heat off school districts that continue to see shrinking budgets.
Post by retardy4thaparty on May 17, 2013 20:04:01 GMT -5
Well, I'd take the cash option and after taxes it's approx 188mill. So, I'd hand out 40million to family members. Buy 3 homes. One in manhattan, Phoenix and San Diego. That gives me about 110 million.
I'd keep 10million to live on and invest the rest. The income from investments would be donated yearly to the American Heart Association.
Oh! Before I do anything with the money I will swim in it Scrooge McDuck style.
Post by thinkofthesoldiers on May 17, 2013 20:04:31 GMT -5
1) Pay off all debts of my family and a few select friends. 2) Buy a few properties. 3) Travel for at least a year, bringing certain people on various trips with us. 4) The kids would go to their regular school because we live in a good district. My H would start his own business doing something he loves, and I would spend a lot of time volunteering my services. I also would love to be able to randomly and anonymously give money to people that I know need it. Oh! And leave kickass tips for people.
Post by DotAndBuzz on May 17, 2013 20:11:36 GMT -5
After the responsible donations/pay off debt/investment things?
Build my parents a house on their land in NC that they will never ever build on themselves, because it would require them to sell their current home (which my dad has recently decided they will have to pry from his cold dead hands).
Travel for a year (assuming H could swing it w/ work somehow), and have a tutor and nanny come with us. * to the teachers who didn't want me to take Natalie out of kindergarten for 3 days*
Hire a decorator and go all effing out decorating and furnishing the house. Gut/remodel the kitchen, walk in wine cellar/room in the basement (stocked with wine from our year long world travels, of course), etc.
Set up some sort of endowment/scholarship at H and my undergrad university. Maybe specifically for students in our major.
1. Have a panic attack 2. Call a couple of the MM ladies and hire them as advisers 3. Change nothing for 6 months, including jobs, until the money is claimed and allocated. 4. Buy a huge house with a ton of acreage in New Mexico 5. Travel on my leased private jet.
Well, I'd take the cash option and after taxes it's approx 188mill. So, I'd hand out 40million to family members. Buy 3 homes. One in manhattan, Phoenix and San Diego. That gives me about 110 million.
I'd keep 10million to live on and invest the rest. The income from investments would be donated yearly to the American Heart Association.
Oh! Before I do anything with the money I will swim in it Scrooge McDuck style.
Cash option is 377 million.
But I'm planning on paying 50% in taxes so it brings me down to $188.
Post by gretchenindisguise on May 17, 2013 20:33:38 GMT -5
DotAndBuzz - yeah - we might do the endowment thing too. For my grad program I might do a "i'm not a douche" endowment and make people submit applications proving their non-douchiness. And if they have a certain prof write a letter of rec, they're automatically in the no pile.
And would your H really still work the schedule he's doing now?
DotAndBuzz - yeah - we might do the endowment thing too. For my grad program I might do a "i'm not a douche" endowment and make people submit applications proving their non-douchiness. And if they have a certain prof write a letter of rec, they're automatically in the no pile.
And would your H really still work the schedule he's doing now?
Probably not. He'd likely wait until he made partner next year, then go part time. 26 weeks off a year? Yes please.
I'm an aerospace engineer and have always wanted to be an astronaut, so I'd go all Elon Musk with the money and back incredible tech/engineering ventures.
Buy a barn full of elite show horses and hire a top trainer to show them for me full time (and hopefully get me over my fear of getting hurt so i can ride again) and maybe get into breeding. Oh, and buy SO a serious sailboat of his choosing.
We would have a custom home built in Michigan near SDs and another one in Alaska. I'd probably buy a townhouse here in the DC burbs so we can stay when we visit family. I think we would buy 4 new cars. DH has wanted some type of Cadillac since I've met him and a new jeep with all the trimmings. We need a 7 seater SUV to fit everyone when all kids are with us and then I need an everyday SUV, maybe the Porsche or Lexus one.
Travel travel travel. Give some to family. Invest a bunch of it. I think DH would start a business eventually.
H and I have talked about this - and we would both give our parents some money. Help them out since they have helped us. I would also probably pay for my Brother's college.
We would also buy a house - nothing extravagant though. I really don't need a 15 bed room house with 8 bathrooms and two kitchens. I'm talking 4 bedrooms.
Travels some - save money for future travels when Em is older.
Open a real cupcake shop. Hire people. H would probably quit his job, we would probably both go back to school. And we would be sending Emily to the school we really want her to go to but cant afford.
And I'd probably get another cat. And a rabbit. And an awesome tropical fish tank.
I'm an aerospace engineer and have always wanted to be an astronaut, so I'd go all Elon Musk with the money and back incredible tech/engineering ventures.
Post by JamaicanPineapple on May 17, 2013 21:23:50 GMT -5
After debts were paid and the girls (and us...and my parents, sister, & niece) were set up for life:
Pay off my parents house and buy them a new, low-maintenance one. And new cars. I'm sure I spelled maintenance wrong. Twice.
Hire a contractor to renovate my house. Or maybe to tear my house down and start from scratch. Landscaping, too.
Travel while the house work is being done. Cross country, US & Canada, Caribbean beach vacay sans kids, Europe
Hire a cleaning person and lawn/landscaping company.
Buy a boat
Buy a house in the 1000 Islands on the St. Lawrence
Quit my job and figure out what I want to be when I grow up. In the mean time learn how to garden, do some good for the community, and hit the gym to get my ass into shape.
Hire a financial advisor; Hide from the press as much as possible; Get a face lift and hire a physical trainer Buy a house in Eugene, plus a small place both in Bend and on the Oregon Coast somewhere, then hire someone to take care of it for 3-1/2 years; Make lots of upgrades on my current house, put it up for sale and sell it right away; Rent a fabulous condo in Anchorage until I move; Move to Oregon in early 2017; Pay for all my kids to go to college, as well as set $$ aside for my granddaughter to go to college; Travel to the British Isles; Etc.
"Why would you ruin perfectly good peanuts by adding candy corn? That's like saying hey, I have these awesome nachos, guess I better add some dryer lint." - Nonny
Hire a financial advisor; Hide from the press as much as possible; Get a face lift and hire a physical trainer Buy a house in Eugene, plus a small place both in Bend and on the Oregon Coast somewhere, then hire someone to take care of it for 3-1/2 years; Make lots of upgrades on my current house, put it up for sale and sell it right away; Rent a fabulous condo in Anchorage until I move; Move to Oregon in early 2017; Pay for all my kids to go to college, as well as set $$ aside for my granddaughter to go to college; Travel to the British Isles; Etc.