I have one Rolex, not retired or rich but I've been snorkeling twice 😁
My brother has a 5 series BMW and nothing on his wrist. I have a Rolex and a 14 year old Nissan. 24 and 27 respectively.
Neither of us would switch.
Nothing to do with being rich, more about where you spend what you've got.
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I have one Rolex, not retired or rich but I've been snorkeling twice 😁
Retired (non-snorkeler) but have a sub
My rolexes are money in the bank so whether I have five or fifty is a little bit irrelevant
You don't get that financial security with other hobbies like snorkeling or indeed other watches.
I'm in my early 30s and I have one nice watch. It just happens to be a Sub Date
46 and retire in 2 years, however need to get another job after that to pay the mortgage. So not rich by any means. Only recently had money to get a few Omega's.
Like the Rolex submariner, and it is an option for a retirement purchase. However I personally think there are a lot of nicer Omega's out there. Just my opinion.
Done quite a bit o muff diving in me time
46 years old and have 7 Roles watches - I love each one. I bought my first when I was 30. I therefore don't fit the profile.
Retired (too early) and far from being rich by most any standard! Up until recently I did have two lovely 'vintage' Rolex (GMT and Sub). Now sold those and I am slighly richer :-)
I am 62 Semi retired own two Rolexes. Bought my first one at 52
First and only Rolex (second hand), at 29. Not sure I would have spent so much on a single purchase myself, but as an engagement present, it was around the same as a special ring for the better half. We decided we should have equality, she got a ring, I got a nice watch!
First Rolex at 25 a Submariner-Date, then added a Yachtmaster at 30, EXP-II at 35, Daytona at 40, EXP-39s by 43, now 45 sold the lot off, as I'd had enough of the Rolex 'thing'
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Buying a Datejust next week!!
53, retired, no Rolexes (but might buy one tomorrow), three PPs (but may soon be just one) and nothing stands still.
I'm 43 and have 5 Rolex and hoping to get another one in the next few months
Got my first one when I was 35ish I'm not rich but work a silly amount of hours
Around 220/260 a month but I like my toy and work hard to get them
Nein & Nein!!!
Got my first Rolex at 56, now at 58 have two, no real plans to retire but it is looming.
no and no
I work hard so i deserve it.
Plus i would spend the money gambling !!
I am not rich.Barclays have just been very patient over the years.
Not really rich because I live in London, so standards are different here. And far from retired.
If I knew for a fact that if I bought one it would go up in value over the next twelve months the way it has over the last twelve it would not be an issue. Recent purchasers must be feeling really smug. With my luck I would buy just before the crash. Problem is they are really nice watches!!
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As has been said many times, Rich is a matter of relativity and perspective. I don't consider myself Rich and I am retired, though not quite of official UK retirement age. I can't afford to have everything I want, I don't live in a huge house, I can't afford the cars I would like but I do own a Rolex.
There's been some interesting responses to the question.
I don't think that Rolex-specific ownership makes much difference, as any other manufacturer with a similar price range would do to emphasise the point. I've owned a fair few Rolexes, currently just one - but that's due to change shortly - and whether I'm rich or retired depends on how I feel at any given time.
R
Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.
Back in the early 80s, Rolex was a relatively small prestige brand, with an interesting history, distinctive designs, superb quality, and a celebrity status.
It was an aspirational item that often reflected success, achievement and good taste. I bought my first, a new S/S Datejust, in 1984 for £575 and upgraded to a TT Datejust in 1987 (still have both).
Over the years, more and more people have bought into the Rolex cliché, and they are no longer as exclusive as they once were. To me this was a shame, because I remember when, if you saw someone wearing a Rolex, it was quite special - the choice of the cognoscenti.
But then they became increasingly popular - a 'look at me' fashion accessory - although, of course, that's true of lots of luxury items - Mercedes-Benz, BMW, Burberry, Ray-Ban, etc. So, my fondness of Rolexes cooled for many years because of this and I wore a Swatch everyday and an IWC for best.
But, interestingly, I now find that despite being able to buy whatever watch I want, I'm still drawn back to the Rolex models - new and old. For me they always sit nicely on the wrist and when I put one on it feels like an old friend.
Not a fan of some of the newer, fussier models, but the classic, functional designs remain iconic.
No and No.
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I don't own a Rolex due to aesthetics reasons. But if I decide to purchase one of them, I will not wait to be 70 years old.
About the price, I think any of us may sell half a dozen from our collections to pay a Rolex without any problem.
I was 26 (exactly) when I bought mine over thirty years ago. Still have it, yet somehow still not rich, or retired.
Far from rich , would love to retire I've done enough on the work front .
But all that graft has got me 2 Rolex.
I want to be rich and retired but sadly I'm neither
No and no. I got my first Rolex at 18 as a gift. My second was a treat to myself for my 30th.
Own two (and a vintage blue Snowflake).
Answer: No/no
Regards,
Adam
I don't own a rolex. Can I still wave my willy around?
Interesting read https://www.facebook.com/FondationHa...44232038956030
29, employed. I live in London, I don't own a car so I buy watches instead
I am not retired nor 'well off' - but I am partial to a snorkel now and again but I wear my seiko for that
Got my first 5513 Sub at 19 - first commission check from work. Sold it to fund my first flat about 5 years later, bought and sold loads of Rolex over the years tbh but haven't had one for about 2 years now. I just don't think the prices now reflect the product. They're good but no idea why they now cost as much as a small car, and a bit flashy for me now. Prefer to spend the money on something else! - so I'm kind of reverse to the norm I guess!
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I'm in my 50s and semi-retired and yes I have a couple of Rolex watches. Plus a few Seiko's, Hamiltons etc. Suppose I roughly fit the description even if I don't like to admit it!
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My Gamekeeper tells me I am rich, but what does he know. Bloody riff raff.
I wish, to both!
Retired but not rich! My wife bought my Submariner for me some 13 years ago. That's the way to do it!
I prioritize not to have a car since i live in the city and can therefor put all of my savings into watches.
And with no kids as well that makes it even easier :-)
I skim read this post so sorry if point has been made, but as the survey was taken/used insurance data the population is skewed toward older and wealthier people who tend to purchase more insurance products.
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Not rich, not poor and still working - would have been substantially richer if I had got into vintage Rolex 25 years ago rather then 15 years ago, e.g. funny looking ex military submariner for 1K anyone, no how about £500 then ? I suppose nobody was to know how it would all pan out, but I cant complain.