There are better watches than a Rolex out there. Do some research and then go from there.
You don't want to be spending that sort of money on something that you won't like/isn't as good as you think.
I agree with this ^^ You are just paying for the name with a Rolex. They are great watches of course, but there are others that are better. Do some research unless you just have your mind set on a Rolex. Myself, I couldn't bring myself to pay that much for a watch, then I would always be worried about it getting stolen or someething