What's your number?

[sfer]

At my job, everyone talks about their "number." That is, the amount of money they would need to quit and do whatever it is they would like to do with their life. This, of course, presumes that you're not doing it now, which says a lot about what I do, I guess.

So, what's yours?

[Shajen]

realistically, I'd have to say $5million.

Enough to live comfortably off the interest and be able to splurge as needed.

what's yours?

[Zoltri]

$200,000 more baby.
Sigh.....easy to say, hard to do.

[zokbarjazz]

$10,000. My last day of work is February 4. Then I start spending my life doing things that are important and meaningful to me. Poker will support me financially. sfer, I'm 22 and I couldn't wait any longer. If there are things you'd rather be doing, do them.

[jakethebake]

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realistically, I'd have to say $5million.

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[LALDAAS]

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realistically, I'd have to say $5million.

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YUP

[on_thg]

I'd say $2.5 million, net of taxes and debt payoff. Invest that conservatively, draw $75,000 +/- per year from income and do whatever I feel like. d-mn that would be sweet.

[Wake up CALL]

You could invest your 2.5 mil in 30 year T-Bills and have $120K income forever while at the same time preserving the principal with almost zero risk.

This is the same amount I would like however I am about 7 years away from having half that so it will have to do.

[Patrick del Poker Grande]

Are we talking a one-time payoff here? If so, it'd have to be enough after taxes to pay of my mortgage and school loans and then give me a minimum of $150k per year in interest/returns.

[2planka]

Interesting point. If this is a one time payout, I'd want to be sure that my income wouldn't stagnate relative to inflation. 150K/year gross in 2005 is quite comfortable. Then again, 50K/year gross in 1985 was quite comfortable. Can't get too far on 1985's salary these days.

So my number is arbitrarily set at $10M