If you were paid $50 million (tax free) today to take a pill that would cause you to die peacefully in your sleep the day after you turn 70 years old, would you take it? Why or why not?
Hell no. Women in my family lived well into their 100s, slender, mentally sharp, volunteering and living alone.
At 65, I plan to be hiking into my 90s.
I think the closer one gets to 70, the less likely she will be tempted by the money.
i come from a bloodline that has a long lifespan. My great grandmother was almost 104 when she died.
Sure I would take the pill right now because I will never turn 70....I'm past 70 now.
Well, you would get to enjoy the $50 million for less than a day.
Why? I will never TURN 70 again...I well past that point. @Piratefish
given the wording of this post, nick is right. he would have that money til he dies naturally.
@HereticSin It obviously would not be offered to one who is already past his 70th birthday, since he would not be able to offer the stated consideration. There could be no contract. Basic contract law, there.
@Piratefish it actually isn't that obvious since it didn't have any caveat at all, such as "assuming you're not 70 yet." it therefore tacitly makes a false assumption and offers the same deal (theoretically) to all of us, regardless of age. this is why we don't take the genie up on the three wishes, right?
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@genessa I am guessing you've had almost no exposure to contract law?
@Piratefish i'm guessing you make assumptions based on facts not in evidence.
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@genessa No, I make informed decisions based on a pretty sound knowledge of contract law. In fact, it's a fairly significant component of what I get paid to do for a living. But, whatever makes you feel better, be my guest.
@Piratefish haha you think i have, like, EMOTIONS about this topic? sheesh. your premise is ridiculous but you're going to hold it to the standard of real-life contract law. if that makes you feel better, go for it.
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@genessa Seriously, what is your problem? You're the one who wanted to start getting all technical on my post meant for fun, and when it got dished back out to you, you turned into a whining ass hat. Go be boring somewhere else.
@Piratefish what's YOUR problem? i'm not the whiner and i won't even COMMENT on asshat. if i'm boring, oh my, i guess i'll have to live with that. some folks don't see it that way. but if you don't want comments, don't make posts.
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No, that's only 12 years away and I've got tons to do yet
I guess a fairer question for those who are closer to 70 would be the same, except raise the age to 80 and cut the money to $25 million (still tax free). Would such an arrangement alter your answer?
@Piratefish It's a tougher answer if I'm thinking of only me but it would set my girls up for life so I may well take it but only if they didn't know
@ipdg77 There certainly is not an easy answer to this. It is interesting to think about, though, and to read others' reactions to the dilemma.
NO! Being that I’m already 70 and life is good...
Would be impossible to strike such a deal with someone over 70. The question would not apply to someone past that age. But what if it were $25 million to die peacefully in your sleep the day after you turn 82? That dilemma would be much more relevant to someone your age.
That would give me 31 years and some change. Properly applied, you can do a lot with 50 million over that time.
I would have 4 broad goals with this kind of windfall.
Take care of the people I care about, family and friends. My parents, sisters, nieces and nephews all have numerous health concerns, some of them quite serious. This money could help them get the treatments and specialists they need.
Do good works. I would give back to the community. Help fund housing projects for the homeless, donate to scientific research, and the arts (hello top tier of my favorite podcasts' patreon!)
Invest the money. In order to make sure I can do 1 & 2 for as long as possible I would hire a financial advisor to help me manage and grow the money in a manner consistent with maintaining 1 & 2.
Have fun. I'm a millionaire now. I should enjoy it. As long as it's not interfering with 1 thru 3, I'm going live it up a bit. Travel some. Hell, there are a few people on this very site I'd love to meet in person. This would give me the means to do so, in style.
Great answer!
@Piratefish thank you. I've given this a lot of thought over the ears.
Interesting idea - but the age would have to be upped to at least 85 for me to consider it
But that would defeat the purpose of this exercise.
@Piratefish oh well ...
Hmmm... if l have 50 mil. to pay back on my last day, can l change my mind at the last min. and reverse the outcome? I'm guessing not, but it's worth asking.. lol
Probably not. I am assuming that it is like any other contract in which valuable consideration is exchanged. Once one takes the $50 million and begins to spend it, I would suppose he would be locked into the contract. Else everyone would accept the money and then renege on his or her 70th birthday.
In a heartbeat. There are no guarantees in life other than death and taxes, so I may as well get paid. None of the men in my family live into their 70's anyway. Life and fun are expensive. Gimme that pill and my $50 million
That's the spirit!
yes.
financial security for my children, which I will not be able to supply on my own.
Plus you could have quite a bit of fun between now and then and still leave plenty for your heirs. Me? I would invest half of it to bequeath to my heirs and to charity, and have a great time with the other half over the next 23 years.
@Piratefish ain't gonna lie, the prostitutes in Reno and the waitresses at the clubs are going to appreciate my sacrifice!
@HereticSin And I will be the last person to judge.
I might actually, the things I could do now with that money would set a legacy in motion for generations, it's also a grim concept I'll admit, but I think people are living too long these days to be honest and it's affecting the economy negatively because the wealth isn't shifting to the working age generation the way it should, the elderly are holding on the assets for too long, no new property.is coming into existence in support of younger and more contributive populace, they need to relinquish the wealth to the working people not the banks which never redistribute they simply hand it to the already wealthy. I myself would rather create a future for those coming after and quit being a burden to society, at 70 I've had my chance and with that money I've lived my part, society is so hung up on prolonging life they don't think about why.
I would take it in a heartbeat. I don't need to live past 70. Heck, I don't need to live past today. My life is no big deal to me. But $50 million would save the lives of many homeless animals and I still have plenty of time to devote to saving them before I die at 70.
Yes, because i will not make it to 70 anyway lol
No I'm 62 der
What about $25 million if you would die peacefully in your sleep the day after turning 80? Would you be tempted then?
Yes, because I'll probably be out of money by then, and have some type of cancer.
None of my grandparents lived past 70. Give me the pill.