It would require a lot of variables staying the same of for a long time, and you still need some additional income.
For example, the average age here is 20’s - 30’s. Lets say they live another 60 years into their 80’s. That would be $16,666 a year, which is poverty.
Where most people in the classic retirement age range (60’s), the same age expectancy of 80’s, 20 years on 1M averages out to $50,000 annually, which is the average US income.
Forget those animals. How about donating to Beckett for conservation of cardboard against water damage?
Also assuming the 1 million dollar sale is profit for one sale and the original acquisition price was relatively insignificant,
even if 100k goes to ebay for their fees(?not sure % for large ticket items), so you want to donate like measly 20k to streamers (so you are donating to unlisted/rev/leonhart?) ? I’m trying to picture the humanity in the leaders so I mentioned small family pop restaurants, upward to glamorous space ventures, but I’m not getting clear answers how one is giving back to the community. The streamer donos are nice and good for the community I imagine.
Yes but are you really just going to leave 1 mil in your bank account and not invest it and put your money to work for you? You can be classified as retired and still invest. Also if you are in your 20s or 30s you most likely have been working to initially pay for these cards you later sold for 1 million so you probably have paid into social security which hopefully you see a return on in the future.
EDIT: Also I believe your 50k annual income average is a household average, the statistics I am seeing shows the average income per person is closer to 32k.
Both your points are correct but even with that being said it still just depends on the lifestyle you want to live. It’s certainly enough money to live a very humble lifestyle by yourself. Not as much if you want to raise a family, see the world, do a lot of nice things, and own a lot of nice things.
And as others have mentioned, if you live in some areas (like where I live in Manhattan) the money goes reallll quick.
I don’t donate directly to streamers, I was meaning for example I gave $100 to teamtrees this winter when MrBeast was raising money to plant like 20 million trees I believe.
Right you can easily get 1.5% interest at some online banks that’s 15k a year right there. Hypothetically of course.
@ccrntrade, Sure, those are all potential external variables. Which is why I said you would still have to generate income.
My point is that 1m alone isn’t instant retirement in your 20-30’s. Even in the scenario of investing, you still need your lifestyle to remain consistently minimal with no variability for 60 years, which is improbable.
I have already provided Beckett with business during the corona times. They should be pretty happy.
Give me 1 million and I promise you I won’t work another day in my life mate and I will be sitting on a beach in Mexico living it up.
dblast… You are getting very clear answers, just not the answers you want. Why don’t you tell us what charities you support and why you love them? It’s awesome that you want to issue major change and give back to your community.
Many people such as myself, don’t have any interest in charities. To answer your original post, I would pay off as much debt as possible so I could have a minimal amount of stress. More time to learn about what I enjoy 
@jawsh98, Well thank you for asking. I recently sold a card for $15, and sometimes I give the homeless a dollar. I was referring to the big sale individuals as some have mentioned, I was wanted to live vicariously to their humanitarian endeavors. So far we got a car, paying off own debt early, etc.
Are you a real person?
Everytime I see a dblast thread.
I don’t give money away to those that don’t use it responsibly, with exception to my family.
This might be controversial to some, but I firmly believe one of the worst things you can do to someone is give them something they didn’t earn. Charity leaves more people in poverty than you know. The issue isn’t that people don’t have money, it’s that they don’t know what to do with their money, or they don’t earn it themselves. There’s a reason why many people that win the lottery end up right where they started. There’s an entire documentary on giving a homeless man $100k and him returning to him homeless lifestyle.
With that said I do enjoy charity work that builds structures, clean water foundations, medical research, and other foundations that take efforts to build things instead of handouts. I don’t mention them because it’s not about me getting validation from people on the internet.
I would spend it on hookers and cocaine, theres no sales tax on that.
I can’t tell if english isn’t your first language or if you’re just the most passive aggressive person that has ever commented on this forum
Noticing a pattern with a select few Blastoise fans…
Not everyone has the same circumstances. Some sell cards for $10,000 or $50,000 while others will sell the card for $15. Yes I do provide back, but typically the homeless has mental issues and are fighting their own demons, really people who can’t help themselves.
A dollar may allow him to eat a burrito, but it doesn’t matter. Donating because they are less fortunate is the idea. They didn’t sell that pokemon card for $15 so here you go, thats $12.50 after taxes/fees and is now closer to $10 after stamp and donation. That’s like 1/3 of it gone before reporting taxes.
By that logic, a $1,500 card sale could donate $100 or $15,000 sale donate $1,000 to their causes. What are those causes of yours, raising your family is nice but we’re talking about charity to the less fortunate…
If I sold a 10,000$ card I would buy 10,000 mcdoubles