Congress Agrees on a Tax Bill. What Does Proposed Tax Bill Mean for Older Americans? Learn More.

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Re: What would you do with a sudden windfall of money?

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Message 41 of 733
I Would Share The Wealth WitH
Everyone That Helped ME DuriNg My Journey.
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Re: What would you do with a sudden windfall of money?

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Message 42 of 733

Depends on the amount. I would purchase a chair lift, build a deck on my back, put a bathroom on my first floor and other things like painting throughout my home. I would give money to my daughter, grandkids, great grand kids, neices and nephews, as well as great neices and nephews. My mortgage payments are low so If there was anything lift I would pay off my auto loan and then pay off/down my mortgage. I would have a ball doing stuff and helping my family members.

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Re: What would you do with a sudden windfall of money?

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Message 43 of 733

I have worked all these years up to my retirement 3 years ago. I haven't had the opportuinty to travel further than the New England states so I would start take trips around the U.S. with the windfall money.

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Re: What would you do with a sudden windfall of money?

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Message 44 of 733
I would take a vacation I an't took in a long time. Then pay off some bills.
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Re: What would you do with a sudden windfall of money?

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Message 45 of 733

I currently have no debt or mortgage. If the windfall was > $2 million, I'd set up a charitable trust & put $1 million directly into it .. protecting that from income tax. Then I'd begin looking for a newer & smaller home in a more walkable town, to prepare for the future .. or buy a tear-down & build.


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Re: What would you do with a sudden windfall of money?

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Message 46 of 733

buy a home for me and to start my ex in a home.

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help people

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Message 47 of 733

make a better way for all I can,and my ex.

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Re: What would you do with a sudden windfall of money?

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Message 48 of 733
of course
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Re: What would you do with a sudden windfall of money?

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Message 49 of 733
help my family & pay my bills off
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Re: What would you do with a sudden windfall of money?

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Message 50 of 733

I would pay off my equity line of credit from Bank of America that has been going on for to long. It is due in March and I am on disability which means I can't pay it in full. That would take half the winnings. I would also get a newer safer car.

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