Friday, April 17, 2015


Do you ever daydream about what it would be like to win the lottery?  It is a fun exercise to play when the work doldrums gets you down.  Here is my wish list:

$50,000 Lottery win
- $25K to retirement savings
- $25K to retiring all debt
with the resulting lovely tax refund that would come from my deposit to retirement savings, that would go on my mortgage

$100,000 Lottery win
- $25K to retirement savings
- $25K to retiring all debt
- $50K to mortgage (that would take YEARS! off)

$1,000,000 Lottery win (this one is fun...)
- mortgage gone
- debt gone
- retirement savings caught up
- $25 k in home improvements - new appliances, redo kitchen, redo front stairs, new floors
- $600K in investments
- $100K in an educational trust for nieces and nephews

I would still have to work with all of the above but the fear of eating cat food in my old age would go away.  Anything over $1,000,000 would just mean nicer shoes, more savings, maybe a new house but really, it would just mean the freedom to make some fun choices.  
Try it some time - it is a really fun exercise to do when the blahs get you down!


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