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View Poll Results: 1m now or 10k/month for 10 years?
1 million now 161 65.98%
10k per month for ten years 83 34.02%
Voters: 244. You may not vote on this poll

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Old 13 Sep 21, 11:42 AM  
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#1
Bozza
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1m now or 10k/month for 10 years?

Inspired by the ever-youthful Andi Peters on This Morning this morning, would you choose to take:

- A cool 1 million now as a lump sum, or
- 10,000 a month, every month, for the next ten years?

(Does anyone have details on Andi's skincare regimen?)
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Old 13 Sep 21, 11:45 AM  
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duchy
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Who is to say what tomorrow may bring . Id take the million now , the ten thousand a month will be worth less with inflation anyway.
I think Andi has a mirror in his attic.
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Old 13 Sep 21, 11:49 AM  
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Taffy1959
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Id take it all now a give the kids 100.000 each leaving 600,000 which at our age would be more than enough for us to be extremely comfortable for the rest of our lives.
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Old 13 Sep 21, 11:50 AM  
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Kat11
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Originally Posted by Bozza View Post
Inspired by the ever-youthful Andi Peters on This Morning this morning, would you choose to take:

- A cool 1 million now as a lump sum, or
- 10,000 a month, every month, for the next ten years?

(Does anyone have details on Andi's skincare regimen?)
I think 10k a month over 10 years as Im quite good at deferred gratification. 😂 and the thought of the extra 200k is very appealing. (20% on top is brill and 10 years goes so quick!)

Andi said this morning that he wears a lot of makeup when hes on the telly so maybe its that which makes look young. But I did see him in Benihana in London maybe 15 years ago and he looks the same now!

Kat
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Edited at 11:57 AM.
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Old 13 Sep 21, 12:00 PM  
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Colette-S
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1m now, you never know whats round the corner! It would also buy me a few things from my wish list including a few appointments with Andis plastic surgeon
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Old 13 Sep 21, 12:51 PM  
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munmun
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What is the tax position on this!
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Old 13 Sep 21, 12:57 PM  
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Kat11
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Its tax free.

I think the age of the recipient would have an influence over the decision. At 45 the 1.2 million would suit me but if I was say 65 Id take it all now.

Kat
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Old 13 Sep 21, 12:57 PM  
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duchy
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Originally Posted by munmun View Post
What is the tax position on this!
Prizes are tax free , although if that changed in the future I suppose the 10K a month might be taxable so a very good point !
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Old 13 Sep 21, 12:58 PM  
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mick
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When you're both 75 one has to be a little pragmatic on this.

I'll take the million now please.

Mick
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Old 13 Sep 21, 01:03 PM  
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disney332
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A bird in the hand is worth two in the bush.

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