Whole money vs Income

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

brandon st randy

Senior Neanderthal

PE

10y

You mean getting a 700k tax free lump sum at the beginning of each year as in an "allowance" for doing nothing vs 1.2m in salary for presumably holding a full time job?

In any case, 700k lump sum is likely better under most scenarios especially since $1.2m salary (as opposed to capital gains/dividends/carried interests) in a high tax jurisdiction like NYC or CA will likely nets you less than 700k post tax, obviously this depends on a number of factors that affect your effective tax rate.

Too late for second-guessing Too late to go back to sleep.

5ways2doit

Orangutan

?

10y

Both for working the same job. Hypothetically if your job offered one or the other. I say post tax meaning after paying taxes that is what's left.

Xepa

Mentor

Neanderthal

VC

10y

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