Your FU number

eastbay · #1 06-22-2006, 01:24 AM

Deg in another post said he needs $500k to feel that he never has to work again.

What's your "FU" number, where you feel like past that point, work would be for the love of it, rather than because you have to pay the bills?

eastbay

SmileyEH · #2 06-22-2006, 02:38 AM

1.5-2mil.

-SmileyEH

eastbay · #3 06-22-2006, 02:44 AM

To get the ball rolling, mine is $3M (i.e., I'm going to be working for a long time.)

eastbay

Dazarath · #4 06-22-2006, 03:57 AM

I haven't done any calculations, and I don't really have a good grasp of my yearly spending (I'm still in college). But I tend to worry about money more than most do, so I'd probably want a lot of cushion, in case there was a nasty recession or something (I'm assuming we're investing this FU money). I'm guessing maybe like $5M?

PokerAce · #5 06-22-2006, 04:24 AM

I'm aiming for $1 million. The area I live in has a very low cost of living. I could get by on $25-30k/yr (in today's dollars) for the rest of my life. $1m will give me that and then some.

hawk59 · #6 06-22-2006, 08:30 AM

$20mm.

Baulucky · #7 06-22-2006, 08:39 AM

FU=PI-CE

PI:Passive income
CE:Current expenses
FU:Yeah

sillyarms · #8 06-22-2006, 10:03 AM

Rich enough to own my own jet. Rich enough to not waste time. 400-500 million. A player.

TimM · #9 06-22-2006, 10:30 AM

[ QUOTE ]
Rich enough to own my own jet. Rich enough to not waste time. 400-500 million. A player.

[/ QUOTE ]

I am talking about liquid.

Carl_William · #10 06-22-2006, 10:50 AM

Generally -- even if we are not over greedy and after we attain our FU level; we then want maybe double that.... on and on -- just human nature....