F*ck You Money, what is your amount?

bout tree fiddy

My number is x + whatever it would take for someone to kill tim sykes and everyone else who appeared on that God-forsaken series.

$350 million

Honestly, "it's not about the money, it's about the game". The money's only a bonus to keep me motivated while playing.

When I win, I say fuck you and walk out.

amount of money? I'm like that now

maybe that's why I'm having a hard time getting laid...

$500 million....cash

Probably $40 million to $50 million, after tax. I wonder if some of the above posters have an appreciation for how much waking up every day and going to work sucks. It wouldn't take too much for me to throw in the towel and live a life of leisure.

100m liquid...

More....

whatever i have in my pocket every minute of my day

@compbanker - very true that going to work every day is not ideal at this point, but once you have your first 50million or so (when you said you would retire), then there is no reason to really retire, because work stops sucking... you can join up with a few of your best friends and start your own shop. At that point you'll be respected in the game and know a lot of people and be able to raise yourself a phatty little mid-market fund of 400-800mm... Pay a few super-star senior associates / VPs to do 90% of the dirty work and just sit back and read memos written by your princeton/HBS educated 400k per years slaves... drink a few espressos, peruse the WSJ and get BJ's from your super hot assistant all fucking day... And of course you'll need to do a ton of first class travel, stay in executive suites at the ritz / four seasons and eat dinner out at elegant restaurants with plenty of $500 / bottle wine.... all on your unlimited expense account and for the good of the fund!!! hurray for capitalism and the value of experience... it makes getting old ALMOST not suck.

I agree that going to work sucks... but once you get to the boss level it stops sucking and starts being awesome... so I have a feeling I'm never going to retire. I'm going to get myself an office like the one Michael Douglass has in The Game and just fucking chill the fuck out and use my insane knowledge and skills to get rich as fuck.

You're a douche bag... without a sense of humor.

Also I would hope that you realize the inherent irony in calling someone a tool and saying that you're going to "link this to your FB profile" in the same line of speaking. You ought to post that shit on twitter as well, son.

I agree that I probably won't retire, if for no other reason than that I have no desire to see my children put me in a nursing home. I certainly wouldn't stay in finance that long though - there are plenty of non-profits and other boards you can sit on while still having plenty of time to golf.

Myspace too.

More.

Just enough so I can pay off a Somalian ransom if I get captured by pirates on my jet ski (my first F*** You purchase)

I'm going with 25MM.

I'm going with 100MM.

blah blah blah blah

Seriously, 10 million after taxes. I would earn 5% after taxes a year on it and live as upper middle class in a nice suburban area like Colorado Springs or Dublin Ohio. I would have a Cadillac CTS-V for when its summer and a Fully-loaded F-150 quad cab for the family when it snows. My wife would probably want a G37 coupe. I would fly first class and take trips to nice hotels with my wife and kids. I would educate my kids with the best schools and tutors I can. Most importantly, I would live my life answering to no one and just be happy with a beer in my hand while watching the football game on my big screen in my man cave on Sundays. I would probably get bored eventually and just do philanthropic stuff.

lol why are you buying a jet ski are you to poor to buy an air craft carrier?

jet skis are boring

Biggest mistake rich people do is to become obsessed with flying. Look at how many millionaires die because they crash their own planes.

Note to self: if one day you make a lot of money, do not act like a douche bag and feel like you can now conquer the skies. DO NOT take flight lessons, and DO NOT fly in private jets, many of them crash. Fly first class, commercial.

Ohio?! wtf. Ok edit my number above.

X+ killing all the Wall Street Warriors + bulldozing ohio and michigan...special concentration on union-related facilities.

You guys should read some of the books on the financial crisis. You think life sucks as an analyst?

Try to be one of those exec's when shit was going down. Unlike you they were not sleeping because they had work, they were awake because they were about to lose it all.

There is no such thing as sitting back and letting the $$$ roll in this business.

As Compbanker said, everyday you go into work sucks. It will now and forever.

If you need to ask, it means you don't have it.

$100mm. You can buy AAA rated bonds and live very very comfortably off of the interest.

i think the majority of analysts will never see a net worth of 10 mill at any point in their life. Some will but most wont and thats why its funny to read high school kids shout out amounts north of 50 million. sorry to break it to you son but you will not be the most balling of ballers cause you hooked up an ibanking gig

also international pimp that was a pretty toolish post .sorry

40 million... i would first pay for my kids college, give some to my church, then buy my folks a home, take all my close friends on a trip with their families, buy my family a nicer home, wife a whip, me a whip then save the rest...

5 million in liquidity would do me just right for the rest of my life. Pretty cheap living in Texas...

Probably about 15 million.

Never had a fuck you number and still don't.

I highly recommend anyone who is chasing a number read The Four Hour Work Week.

Used to work 15-18 hour days, 6-7 days a week regularly....first in investment banking, then private equity+WSO. Then I read The 4 Hour Work Week and realized I just liked being busy, was competitive and a lot of the shit I was doing was inefficient. Now, I am 95% obsolete...assuming I'd be content to let the business grow at a steady clip (which I'm not)...in other words, I could spend 1-2hrs a week, manage WSO and live comfortably if I wanted. (instead, i work closer to 8-10hr days)

Since I do still have that drive, I'm also going to kill myself working long hours on the launch of jdOasis.com and continue to make WSO the best financial career resource. Will JDO be successful, who knows? But I know I'll have fun trying.

Maybe my lack of concern will change once my life gets more complicated (wife+kids will come at some point), but I really hope not. The last 3 years of my life have made me realize it's not just the $ in the bank, it's the desire to get up in the morning and the freedom to do whatever you want and go anywhere. Sure, you need the cash flow or a base to get started (and IB is a great bootcamp), but keeping perspective when you're working grueling hours (and working toward some fairytale "retirement status") can be extremely tough. Wow, I still sound bitter even 6 years out.

So I am not reaching for a number, but for experiences I can look back on and laugh. 30 years old -- not getting any younger...

I posted a thread earlier about this scene in Wall Street Warriors. Here is the link to the video:

You people are starting to sound like these idiots. It's almost like disillusioned people saying "When I win the lottery, I'm going to tell my boss to go fuck himself, and then sail around the world."

LIke others have said, most of you won't ever touch 8 figures, and probably not even come close. I'm not saying you don't have the ability to do so, but finance is way too competitive and only so many people can get to that point.

My point is that you this conversation will only bring you down, because once you realize you won't hit that Fuck you goal of $100mm, it somehow means that you failed.

"Fuck you money" to me means that I can retire someday after I feel that I've worked enough in my life, and I can relax with my family without having to worry about how much I'm spending. The next 30 years or so will dictate what this means.

I think it's an interesting question and cool to think about, but the problem I see is for most people is that if your number is above the $10m mark or even as high as 50 or 100 you're not really going to be working for someone else...you probably are a partner or have some significant ownership in your company...it's not like you're still an analyst/associate getting railed day in and day out. (I think international pymp's post isn't that bad...not totally unreasonable)

Knowing that I'd bet most people wouldn't just stop coming into work because they have a significant amount of flexibility in their work. I doubt I could have a number because I wouldn't want to stop working...my view of success is slowly decreasing my working hours over time. Maybe like 20-30 hours of real work a week at 50-60 years old.

I don't think the term "Fuck You money" implies you are going to walk in one morning and take a dump on your boss's desk and tell him to fuck off. It mostly implies you have the amount of money you need/want to follow your dream and do whatever you want. In most cases that isn't to never work again, but just to be able to pick and choose what you are involved in and do the rest of your life.

At this point I don't have a number...mainly an idea. I hope to continue building my career in finance in an effort to acquire and learn the skills provided, make decent enough money that I can squirrel some away on the side to purchase an existing business or two with some like minded friends. Hopefully spend a small amount of time managing that business between myself and my business partners, then bankroll the cash from that business into another one, then another one and then maybe a larger more serious business. Depending on how much money the businesses are cash flowing and where I am in my life (wife, kids, pets) I will decide if I continue doing the finance route or if I semi retire and focus more on one of the businesses or, if I've finally discovered a passion of mine, do a start up and see if I can make that happen.

If I had to pick a number it would probably have to be $100mm+ in order for me just to retire tomorrow. Now, granted if someone offered me $50mm to walk away I could make it work, but if I am going to have no real responsibilities then I will have to have a lot of money in order to keep my free time occupied. This means multiple residences, first class or private flights, money to booze it up all the time and drive fast cars...but even then I can see it getting old really fast...and it's a sad day when hookers and blow won't get you hard.

Regards

agree with what some others have said... 40M is the correct answer.

50m period

I'm sorry but 10M is definitely enough...with a diversified strategy you should be reasonably confidant that you can withdraw over 300k after taxes.

If you need to spend more than 300k/yr, you are probably spending it on useless shit to feed your ego anyway. Just because something is expensive doesn't mean it has a lot of value.

15M Lump Sum Cash