The lump-sum tag has no wiki summary.
14
votes
4answers
662 views
Got a “personal” bonus from my boss. Do I have to pay taxes and if so, how do I go about that?
For meeting some personal goals my boss gave me a promised $20K check.
This check is not a part of the company payroll.
I assume it's too large to just deposit it and forget about it with out the ...
1
vote
1answer
236 views
How to calculate lump sum required to generate desired monthly income?
Suppose my monthly expenses are $500.
I want to ask a charity foundation to finance my scientific research by one-time payment intended to cover all my monthly expenses during my lifetime. How to ...
1
vote
1answer
111 views
PV problem: lump sum payoff or continue quarterly payments
I am is faced with a choice of two alternatives. There really is no right or wrong answer, I just want to hear someone else's input/methodology. Here are the two choices:
Keep paying $5,722.56 for ...
8
votes
4answers
122 views
How should my nearing-retirement parents handle a lump sum?
My parents are about 5 years from retirement age. Their combined income is around $20,000 a year. They live in a very low cost-of-living area, so they live a pretty simple life without many frills. ...
10
votes
6answers
430 views
What should I do with my $10K windfall, given these options?
Let's say you get a $10k windfall. How do you determine what is the best thing to spend it on?
We need a new roof.
Our mortgage is moderately underwater but not in bad shape and we are content where ...
9
votes
2answers
389 views
I inherited a lump sum and paid off my debts. How can I preserve the value of remaining capital?
I managed to benefit from an inheritance lump sum payment overseas. After paying off my debts, I will still have majority of that inheritance lump sum. My goal for that money is to preserve its value. ...
14
votes
2answers
2k views
Paying off student loans early/lump sum — best practices?
My wife & I have run into a large sum of cash recently and are interested in paying off/paying down our student loans -- about $30k between us, at about 6.5% avg interest.
We're both earning ...
