lumps sum after taxes pays her $240,600
weel with todays high yield savings accounts just 140,000 invested with 14% or as high as 16% after 10 years
watch this
year 1 19,600.00 + 140,000.00 = 159,600
yr 2 22,344.00 + 159600.00 = $217,944.00
yr 3 30512.16 more than the 25 k per month = $248,456.16
yr 4 34,783.86 + 248,456.16 = $283,240.02 more than her lump sum after taxes of $240,600.00
yr 5 39653.60 + = $322,893.62
yr 6 45,205.10 + = $368,098.72
yr 7 51,533.82 + = $419,632.54
yr 8 $58,748.55 + = $478,381.09
yr 9 $66,973.35 = $545,354.44
yr 10 $76,349.62 + = $621,704.06
however these are not brick n mortar banks these are online banks
but even brick n mortar pay as high as 6%
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