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Based on the most helpful WSO content, here are some insights on "your number" or the financial target at which individuals might consider leaving Investment Banking (IB):

  1. Personal Goals and Lifestyle:

    • It's important to think about your broader goals and lifestyle when determining your number. For example, some people aim for financial freedom, confidence in their wealth, or an extravagant lifestyle. (Source: Money - What is your goal? | Wall Street Oasis)
  2. Career Satisfaction:

    • If you enjoy what you do, the specific number might become less significant. Career growth and living comfortably can be more important than hitting a specific financial target. (Source: Your Number? | Wall Street Oasis)
  3. Specific Financial Targets:

    • Some users have shared their specific targets:
      • $5 million to $10 million to create a low-risk portfolio that yields dividends for a comfortable lifestyle. (Source: Your Number? | Wall Street Oasis)
      • $100 million as a target to leave and never think about coming back. (Source: Your Number? | Wall Street Oasis)
  4. Changing Views Over Time:

    • Your views on money and your financial goals may change as you get older, especially with changes in personal circumstances like starting a family. (Source: Money - What is your goal? | Wall Street Oasis)
  5. Financial Journey and Plans:

    • Some users have shared their financial journeys and plans, such as aiming to hit $1 million by age 35 and $3.5 million by age 55, with additional income from rental properties. (Source: Money - What is your goal? | Wall Street Oasis)

These insights highlight that the "number" can vary greatly depending on individual goals, career satisfaction, and personal circumstances.

Sources: Money - What is your goal?, Money - What is your goal?, https://www.wallstreetoasis.com/forum/investment-banking/your-number?customgpt=1, 2 steps to killing it in 2016 (Pt 2), High school student here. Should I have fun or try to get into a target?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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