2016 Cali fishing lic

https://www.wildlife.ca.gov/Licensing/Lifetime

It'd take 15-20 years to break even.. I think I'm good haha.

Okay, who's going to be the smarty pants who posts a picture of their lifetime license with a cost of $0.00? 

That would be me, about another 6 or so years and it has paid for itself !!

Not unless I beat you to it.  I don't see a picture yet.   

I purchased mine at the end of 2013 so 2016 will only be my 3rd year of using it but so glad to finally have one.  Took me 5-6 years to convince my wife who's an accountant.

Still a while until I break even. 

Gotta check my records. Purchased my lifetime license somewhere around 2001 ?  $ 500.00 . So, maybe closer to 10 yrs to break even. 

if you move out of state do you still get your license  (lifetime}

It'd take 15-20 years to break even.. I think I'm good haha.

I will break even somewhere around age 62 or slightly sooner. So if I live to minimum 72. License probably around 50 bucks then. That is a minimum of 500 bucks.

Got mine

What is the $14.61 cover?

2nd rod

WoW! glad i only own one Rod!

I did the math.  Accounting for increases in cost, discount rates, reduction to present value of a future stream of income, and the actuarial chance of when I will die, I will never break even if I purchase a lifetime fishing license.

Now if they increase it by some ridiculous amount instead of the GDP deflator linked increases, it would be worth it - assuming that it was done in a way that was covered so that lifetime license holders didn't have to pay more.

It looks extremely worthwhile for a child under 10 to purchase one if there is even a 50/50 chance that he or she will live in California as an adult.

 

I did the math.  Accounting for increases in cost, discount rates, reduction to present value of a future stream of income, and the actuarial chance of when I will die, I will never break even if I purchase a lifetime fishing license.

Now if they increase it by some ridiculous amount instead of the GDP deflator linked increases, it would be worth it - assuming that it was done in a way that was covered so that lifetime license holders didn't have to pay more.

It looks extremely worthwhile for a child under 10 to purchase one if there is even a 50/50 chance that he or she will live in California as an adult.

     

Seems kinda over thought. But im gonna keep telling myself I am coming out ahead. 

But...what if you purchased it for $490 fourteen years ago, at age 23?
$490 / 14yrs = $35 per year.
And now I'm basically fishing for free, for the rest of my life.

You still fish?

But...what if you purchased it for $490 fourteen years ago, at age 23?
$490 / 14yrs = $35 per year.
And now I'm basically fishing for free, for the rest of my life.

Right. Im not sure what math crash is using ?

But...what if you purchased it for $490 fourteen years ago, at age 23?
$490 / 14yrs = $35 per year.
And now I'm basically fishing for free, for the rest of my life.

Right. Im not sure what math crash is using ?

Common Core 

But...what if you purchased it for $490 fourteen years ago, at age 23?
$490 / 14yrs = $35 per year.
And now I'm basically fishing for free, for the rest of my life.

$490 14 years could be worth $600 taking inflation only. Or $900+ if invested in sp500. Still very cool purchase!