If I were Filthy Rich
By yoloyodo22+51 100 Million USD Lottery Win Plan - Comprehensive
My course of action WHEN and not IF i win the lotto :
Assumption : 100 MILLION USD AFTER TAX, Percentages can be adjusted according to the jackpot win.
$100 MILLION
- EQUITY - 50% = $50 MILLION
- OWN RESIDENCE (10M) + REITS (5M) - 15% = $15 MILLION
- GUILT FREE SPENDING MONEY - 5% = $5 MILLION ( Luxury Trips + Cars + Expenses for 3 years )
- GIFT TO FAMILY - 5% = $5 MILLION
- BOND MARKET EXPOSURE - 20% = $20 MILLION
- GOLD - 5% - $5MILLION
EQUITY - INDEX FUNDS / ADMIRAL SHARES = $50 MILLION ( SIP Over 12 to 18 Months )
| INDEX FUND NAME | TICKER | PERCENTAGE ALLOCATION |
|---|---|---|
| TOTAL MARKET INDEX | VTI | 25% |
| S&P 500 | VOO | 20% |
| DEVELOPED MARKETS | VEA / IEFA | 30% |
| EMERGING MARKETS | VWO / IEMG | 25% |
| TOTAL EQUITY EXPOSURE | 50% | $50 M |
BOND MARKET EXPOSURE = $20 MILLION
| INDEX FUND NAME | TICKER | PERCENTAGE ALLOCATION |
|---|---|---|
| Vanguard Total Bond Market | BND (ETF) / VBTLX (MF) | 20% |
REAL ESTATE EXPOSURE = $15 MILLION
| NAME | AMOUNT | PERCENTAGE ALLOCATION |
|---|---|---|
| PRIVATE RESIDENCE | 5 MILLION | 5% |
| COMMERCIAL / RESIDENTIAL INVESTMENTS | 5 MILLION | 5% |
| REITS / REAL ESTATE INDEX | 5 MILLION | 5% |
GUILT FREE SPEND MONEY = $5 MILLION
| NAME | AMOUNT | PERCENTAGE ALLOCATIO |
|---|---|---|
| LIFESTYLE EXPENSES, SUPER CARS , VACATION, TRIPS , PARTY | 5 MILLION | 5% |
GIFT TO FAMILY = $5 MILLION
| NAME | AMOUNT | PERCENTAGE ALLOCATION |
|---|---|---|
| CLOSE FAMILY AND FRIENDS | TOTAL 5 MILLION | 5% |
| ONE TIME FUND |
GOLD / COMMODITY EXPOSURE = $5 MILLION
| NAME | AMOUNT | PERCENTAGE ALLOCATION |
|---|---|---|
| GOLD - PHYSICAL BULLION / BAR | 2 MIL | 2% |
| GOLD - ETF : GLD / IAU | 3 MIL | 3% |
Guilt Free Money to be used for 3 years of expenses, post 3 years 4% SWP from Equity and Bonds would yield 2.8 Million Yearly / 233,333 USD per month.
Would love to hear your feedback / suggestions if Any ? Cheers
Recent responses
+16 @InternetExpertroll Why do all that when you can invest in 50,000,000 Powerball tickets……
+16 @PirateKilt As a details/planning person, if a USA citizen, you may want to look up the [IRS's Gift Tax Laws](https://www.nerdwallet.com/article/taxes/gift-tax-rate) to see if you want to adjust your plan slightly.