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Originally posted by morphius
No, it is was foolish because the growth of that money would have been atleast double
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Why don't you calculate what 10 percent growth of 58 million dollars over 20 or 40 years is. It's way more than double.
If she takes it over time it doesn't grow -- it's just roughly double the lump sum cut up into 20 or 40 chunks. If she takes it all now she gets to invest it and make it grow.