Would You Rather Get $1 Million Now . . . Or Earn Three Cents for Every Step You Take?
Some of us have trouble hitting a 10,000-step goal every day. But what if you were PAID for each step? (By some rich, walking-obsessed benefactor, who clearly needs a hobby.)
A new poll asked people: Would you rather receive $1 million today . . . or earn THREE CENTS for every step you take for the rest of your life?
About 56% of people said they'd prefer three cents per step. It's probably a no-brainer for grandpa . . . but it's complicated for younger adults, especially the ones who aren't very active.
If you DO get 10,000 steps a day, that's about $300 a day . . . $2,100 a week . . . and $109,200 per year. And in that case, it would take a little over nine years to get to $1 million, but after that, you could keep going.
That's around $195-per-hour walking . . . but some smart finance types say it STILL might be better to take the lump sum now . . . provided you save and invest the money. (Which would take more discipline than walking!)
Originally posted on December 7th, 2023