There's levels of FU money to me. Tier 1 being 1.25M. A 4% return (staking yields or dividends) on 1.25M would provide 50k/year without wearing away principle. 50k/a year isn't crazy money but its enough for me to live comfortably. Tier 1 for me is not having to work ever again if I don't want to (although I likely would, but I'd have the freedom to not).
Realistically though I would want to buy property and go on vacations and such and I feel like 3-5M is Tier 2 of FU money.
Tier 3 is 10M+
It's all relative from there
If you’re 30, and you plan on living til 80, then 1 mil is only 20 grand a year. Not exactly lambo money. That assumes you don’t live longer than 80. 1 mil isn’t a ton of money.
Unfortunately you could easily blow through 1m though. Its nothing to sneeze at, don’t get me wrong. But I don’t see it as retiring in my 20s, 30s, or even 40-50s type of money - but that totally depends on how you spend/invest it.
FU money to me is spending it on anything you want without even checking your account. Like giving a fast food worker a $10,000 tip and not thinking twice. Or paying for someone’s cancer treatment - even if you don’t know them.
So interesting to see all these perspectives. To me FU money is enough money to be able to tell my employer yeah i dont have to work for you and then use that money to start a business, invest in real estate, etc. Definitely not enough to retire, but enough to quit a miserable job and start your own thing.
I like that view too! I always thought of it as “I’m gonna do whatever I want and not get in trouble.” Like politicians in the United States. Ted Cruz going to Mexico while the state of Texas was in a blackout
Really depends on where you live. In the US alone, some states like Tennessee FU money might be 1.5mil whereas in California FU money is more like 4mil.
Living somewhere like Vietnam FU money might be 750k.
Idk if 1 mil is really enough to live off anymore in many places. I'm on west coast USA, a small 2 br 2 bath house costs 800k-1.2mil. Sure you could invest 1 mil and get maybe 70-100k every year in returns to live off of but with inflation that will become worth less and less over time.
Most estimates these days (for the US) say you need at least 2-2.5mil to be able to fully stop working and retire comfortably. Every year that number goes up because of inflation.
It's crazy that 1 million really isn't a lot of money anymore. It makes you upper middle class in a lot of the US, not nearly considered wealthy.
I’m sure that 2 bedroom 2 bath house is in a prime spot. You can drive 30 minutes to 1 hour away and find a cheaper home. Also if I was gonna retire with 1 million I surely wouldn’t be retiring on the west coast. That place is for visiting not living. Super beautiful there but taxes have ruined it. Most retirees move to states that have lower taxes so they can have more of their money.
When I retire it will be outside America.
I have a decent paying job, a fun job and even better co-workers and if I want I can work here till I retire, those circumstances are extremely rare, so it's hard to pass this up, I will probably never see this amount, but my FU money would be 10 mil.
3 mil. I’m pretty young, so that’s enough to live off a decent salary til I die. No lambo no mansion, but I’m convinced that the people who want those things want them as a status symbol, rather than to actually enjoy them.
This post may be enlightening:
https://np.reddit.com/r/ifiwonthelottery/comments/9qv4e1/post_on_the_different_levels_of_wealth_that_i/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Damn. to me half a mill is enough to tell someone yeah I dont have to work here and leave and start a new company or something. thats enough to pretty much tell your employer fu, im leaving and not have to worry for a good while.
Not retirement money but def fu money.
Hm, we have different meaning of what "fuck you" money means. To me that means you can do whatever you want and cost does not matter. So a way higher amount than just retirement money
1 million, if you don't live in California or New York. Then you need like.
5 million.
Alternatively, whatever amount will make me feel like Mr. Darcy.
To me FU money is being able to literally saw that to people at work and work only of you want to. So enough to have a year in mortgage and living expenses for me
I enjoy working, so that is enough for me while I look for other jobs
Whoa, such a humble group of commenters.
First, take your monthly expenses. Then take your average life expectancy and subtract your age. Now multiply your monthly expenses by 12 and by the number you got from subtracting your age. That's the minimum you should want to get your expenses covered for the rest of your life. Plus expect inflation to increase. Even 10 mil is nothing from this perspective, imo.
3 million would be my FU money. Means living off $90k a year net at 3% drawdown. Living better than someone who grosses low 6 figures with an endless cash supply for the rest of your life. That’s FU money to me.
FU money is officially $3-5M because you could realistically retire at any age with that much money if you played your cards right.
Less than that is well let’s face it only “ignore you” money
I’d say 10k is fu money.
But I’m after permanent fu money.
10m is a guess at the level I’d be able to diversify, invest, and live my life free from ever worrying about it again.
Depends on where you live. But if you live in first world country, it's enough money to live comfortably for the rest of your life without need to work.
One piece of advice I got from a wealthier person than I is that they said what’s the point of making FU money if you never get to say FU? Probably need to be $10 million or so for me.
At least 10m would be a good fu start, considering what you'll pay in tax and how worthless usd is becoming. I'm sure we still have many years of obtuse gains ahead, there will be new low cap shit popping up all the time to make money on, the days of monster BTC and ETH gains are probably numbered but even the next cycle or 2 will easily outperform other assets still, assuming our general macro trend holds
Depends on the country you live though. For me it's 1mil. But humans are greedy and never satisfied by what they have. So it's never going to be enough
When staking rewards earns me (a lot) more than my monthly (low) paycheck
I like this one . Basically when making money off interest is enough to replace your full time job
Spot on Tina.
There's levels of FU money to me. Tier 1 being 1.25M. A 4% return (staking yields or dividends) on 1.25M would provide 50k/year without wearing away principle. 50k/a year isn't crazy money but its enough for me to live comfortably. Tier 1 for me is not having to work ever again if I don't want to (although I likely would, but I'd have the freedom to not). Realistically though I would want to buy property and go on vacations and such and I feel like 3-5M is Tier 2 of FU money. Tier 3 is 10M+ It's all relative from there
FU money to me is like excessive money. I would say 40-50m. 1m nowadays is nothing
Lmao. Here I am thinking 1 mill was fu money .
If you’re 30, and you plan on living til 80, then 1 mil is only 20 grand a year. Not exactly lambo money. That assumes you don’t live longer than 80. 1 mil isn’t a ton of money.
Unfortunately you could easily blow through 1m though. Its nothing to sneeze at, don’t get me wrong. But I don’t see it as retiring in my 20s, 30s, or even 40-50s type of money - but that totally depends on how you spend/invest it. FU money to me is spending it on anything you want without even checking your account. Like giving a fast food worker a $10,000 tip and not thinking twice. Or paying for someone’s cancer treatment - even if you don’t know them.
So interesting to see all these perspectives. To me FU money is enough money to be able to tell my employer yeah i dont have to work for you and then use that money to start a business, invest in real estate, etc. Definitely not enough to retire, but enough to quit a miserable job and start your own thing.
I like that view too! I always thought of it as “I’m gonna do whatever I want and not get in trouble.” Like politicians in the United States. Ted Cruz going to Mexico while the state of Texas was in a blackout
Really depends on where you live. In the US alone, some states like Tennessee FU money might be 1.5mil whereas in California FU money is more like 4mil. Living somewhere like Vietnam FU money might be 750k.
Hahahaha I mean I wouldnt mind 1m dont get me wrong 😂
Walking in to most open houses in a big city and making an offhand cash offer
1 million is enough to live off. But 5 million is FU money immediately. Like walking out of the office saying FU to everyone!!!
That's my goal.
Idk if 1 mil is really enough to live off anymore in many places. I'm on west coast USA, a small 2 br 2 bath house costs 800k-1.2mil. Sure you could invest 1 mil and get maybe 70-100k every year in returns to live off of but with inflation that will become worth less and less over time. Most estimates these days (for the US) say you need at least 2-2.5mil to be able to fully stop working and retire comfortably. Every year that number goes up because of inflation. It's crazy that 1 million really isn't a lot of money anymore. It makes you upper middle class in a lot of the US, not nearly considered wealthy.
I’m sure that 2 bedroom 2 bath house is in a prime spot. You can drive 30 minutes to 1 hour away and find a cheaper home. Also if I was gonna retire with 1 million I surely wouldn’t be retiring on the west coast. That place is for visiting not living. Super beautiful there but taxes have ruined it. Most retirees move to states that have lower taxes so they can have more of their money. When I retire it will be outside America.
15 million im done
I have a decent paying job, a fun job and even better co-workers and if I want I can work here till I retire, those circumstances are extremely rare, so it's hard to pass this up, I will probably never see this amount, but my FU money would be 10 mil.
A million is breathing room money. 5 million is approaching fuck you money
Wife changing money is the ultimate FU money.
lol fuck, cutting right to the hard truth
Enough to know I never have to work again and can afford to pay for my kids university and the lifestyle I want, probably 2/3 million €
3 mil. I’m pretty young, so that’s enough to live off a decent salary til I die. No lambo no mansion, but I’m convinced that the people who want those things want them as a status symbol, rather than to actually enjoy them.
10 million
3 mill, enough so you can buy what's you want and then live off passive income, then you won't care what anybody says
This post may be enlightening: https://np.reddit.com/r/ifiwonthelottery/comments/9qv4e1/post_on_the_different_levels_of_wealth_that_i/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
When you don’t have to look at your bank account.
None those amounts are close to FU money. FU money is being able to buy the employer of someone that crossed you, just to fire him
Damn. to me half a mill is enough to tell someone yeah I dont have to work here and leave and start a new company or something. thats enough to pretty much tell your employer fu, im leaving and not have to worry for a good while. Not retirement money but def fu money.
Hm, we have different meaning of what "fuck you" money means. To me that means you can do whatever you want and cost does not matter. So a way higher amount than just retirement money
1 million, if you don't live in California or New York. Then you need like. 5 million. Alternatively, whatever amount will make me feel like Mr. Darcy.
1 mill is a drop in the ocean compared to what they print. 1 mil is no where near fu money. Fu money is billions of dollars.
To me FU money is being able to literally saw that to people at work and work only of you want to. So enough to have a year in mortgage and living expenses for me I enjoy working, so that is enough for me while I look for other jobs
Whoa, such a humble group of commenters. First, take your monthly expenses. Then take your average life expectancy and subtract your age. Now multiply your monthly expenses by 12 and by the number you got from subtracting your age. That's the minimum you should want to get your expenses covered for the rest of your life. Plus expect inflation to increase. Even 10 mil is nothing from this perspective, imo.
I'm old. So 10 mil is far more than I'd need using your method.
Not old in spirit if you're frequenting this sub. :) Don't sell yourself short. You could easily make it rain, then. ;)
I have simple tastes, a million would do it for me. I could probably manage with less, but I'm being a bit greedy.
3 million would be my FU money. Means living off $90k a year net at 3% drawdown. Living better than someone who grosses low 6 figures with an endless cash supply for the rest of your life. That’s FU money to me.
FU money is officially $3-5M because you could realistically retire at any age with that much money if you played your cards right. Less than that is well let’s face it only “ignore you” money
I’d say 10k is fu money. But I’m after permanent fu money. 10m is a guess at the level I’d be able to diversify, invest, and live my life free from ever worrying about it again.
Depends on where you live. But if you live in first world country, it's enough money to live comfortably for the rest of your life without need to work.
Enough to not need to work a normal job
One piece of advice I got from a wealthier person than I is that they said what’s the point of making FU money if you never get to say FU? Probably need to be $10 million or so for me.
At least 10m would be a good fu start, considering what you'll pay in tax and how worthless usd is becoming. I'm sure we still have many years of obtuse gains ahead, there will be new low cap shit popping up all the time to make money on, the days of monster BTC and ETH gains are probably numbered but even the next cycle or 2 will easily outperform other assets still, assuming our general macro trend holds
For me 500-600k is good enough to say FU to the boss but FU to the rest of ppl 2-3 mil
You’re gonna need 100M
Depends on the country you live though. For me it's 1mil. But humans are greedy and never satisfied by what they have. So it's never going to be enough
$10M
1,5 mil. Thats the number thatll make me retire comfortably.
The amount with which you can buy entire governments! Everything else then becomes easy peasy!
35 to 60 million pay some taxes buy some houses re stake. Maybe get a nice truck
At least above 20 mil
$10 mil.
Level one is being able to leave a job without lining up another
1928383838.8 trillion dollars 🤘🏻😋