50k to as much as possible - help

[John2542]

I need:

1. A fan of "Breaking Bad," and

2. A killer - stock, trade, short, sell, anything and everything - expert.

I am in a Walter White situation. Leave it at that. I want to do a, make that I have to TRY to do a - legally - Walter White.

I'm 51. The ships have sailed on big income. I DO have a tax-free, s-corp, pension fund at Schwab.

I have no worries about doing anything within THAT Schwab pension fund, trading platform, regarding taxes.

The retirement age? Who knows, I may not make it to 53, let alone 65, and they will probably have raised it to 70 by then.

Here's my question. If you HAD to try to do this, understanding the risk, how would you turn, $50,000 into 1 million as quickly as possible, via IPO, short, stock, sell, buy, - whatever it takes, WITHIN the law, THEN be able to take the entire pension fund liquid, pay the fine for redeeming early, and hand over to my wife enough - along with a few other assets - to see her and my two sons through?

A ridiculous scenario, I know, but, there it is.

Without making fun of me, what would you suggest.?
John

[jteezie]

Identify a marketable skill that you can turn into a startup idea and leverage highly (doesn't necessarily have to be a tech startup), then work really hard for about 10+ year and hopefully you can sell the company for a million. These chances are really slim, but way better than any high risk gamble in the stock markets.

[rj.phila]

sincere question, not trying to undermine your motive:

is there a scenario where they inherit debt, instead of cash? is 50k essentially a worthless sum to them?

[disneysteve]

Might this be one of those rare circumstances where a whole life insurance policy actually makes sense? I wonder how much whole life you could buy with 50K.