{"id":27307,"date":"2022-07-29T07:58:08","date_gmt":"2022-07-29T11:58:08","guid":{"rendered":"http:\/\/t3_wb2wnd"},"modified":"2022-07-29T07:58:08","modified_gmt":"2022-07-29T11:58:08","slug":"an-extra-243-34-month-for-life-or-80k-now","status":"publish","type":"post","link":"https:\/\/blog.andrewwbradley.ca\/index.php\/2022\/07\/29\/an-extra-243-34-month-for-life-or-80k-now\/","title":{"rendered":"An Extra $243.34\/month for life or 80k now?"},"content":{"rendered":"<p><!-- SC_OFF --><\/p>\n<div class=\"md\">\n<p>I&#039;m 22 and was just approved by VAC to be awarded either $243.34\/month for the rest of my life or 80k lump sum. This is all tax free. Currently I have been contemplating as to what I should do. I realize that if I wait to until I&#039;m closer to retirement age then it would be a very nice pension to draw for myself. On the other side I could take the 80k and try to grow it. Any ideas would be greatly appreciated.<\/p>\n<p>Edit: Just a little insight into me for everyone. I&#039;m very frugal and pretty smart with my money. I keep an extremely low cost of living as well. I went through a year towards my BBA so I have a decent handle on money and currently live in a camper trailer in the summers to avoid rent. Thank you all for the advice.<\/p>\n<\/p><\/div>\n<p><!-- SC_ON --> &#032; submitted by &#032; <a href=\"https:\/\/www.reddit.com\/user\/hotdiggitydog783\" target=\"_blank\" rel=\"noopener\"> \/u\/hotdiggitydog783 <\/a> <br \/> <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/wb2wnd\/an_extra_24334month_for_life_or_80k_now\/\" target=\"_blank\" rel=\"noopener\">[link]<\/a><\/span> &#032; <span><a href=\"https:\/\/www.reddit.com\/r\/PersonalFinanceCanada\/comments\/wb2wnd\/an_extra_24334month_for_life_or_80k_now\/\" target=\"_blank\" rel=\"noopener\">[comments]<\/a><\/span><a href=\"\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#039;m 22 and was just approved by VAC to be awarded either $243.34\/month for the rest of my life or 80k lump sum. This is all tax free. Currently I have been contemplating as&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":24127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/27307"}],"collection":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/comments?post=27307"}],"version-history":[{"count":0,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/27307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media\/24127"}],"wp:attachment":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media?parent=27307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/categories?post=27307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/tags?post=27307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}