Retirement criteria

[toranam]

15 minutes ago, beerboy17 said:

PM Bro

Done!

[Roger_that]

2 minutes ago, toranam said:

done!

naku kuda PM bro... TIA

[Konebhar6]

3 hours ago, riashli said:

Retirement age daka bathiki undali ga..

Edo oka rooju sachetollame ani ee rooju batakatam/tinatam manestama?

Optimistic gaa undali akka. 

[Konebhar6]

29 minutes ago, toranam said:

Done!

I am curious to see what you did. PM pls.

[HugoStrange]

1 hour ago, beerboy17 said:

PM Bro

Naku kuda PM bro

[rowdimogudu]

1 hour ago, toranam said:

Done!

PM bro

[islander]

2 hours ago, toranam said:

Done!

PM bro

[Kakynada]

ok

[tokkalogola]

11 hours ago, toranam said:

Pmed

Bro please also pm me the details

[Manishican]

11 hours ago, Thokkalee said:

My plan is to work IT till 50-55 and then move to a relaxing govt job.. either state or federal… khaali ga undalemu ekkuva rojulu.. 

Instead of retiring government job best

[Konebhar6]

A few years back, in a casual get together, a friend made a comment. He has ESPP and RSU's and company stock price was $150-200 at that time. He has Qty more than 500 at that time as he never sold his holdings. 

His plan was to not sell stock under $1000 and move to India. He will sell 3 stocks a month meaning $3000/month to cover expenses. He would need to sell 36 stocks/yr, 360 for 10 yrs and 720 stocks for 20 yrs. He has savings, 401k to cover other stuff. We all had a hearty laugh until that stock hit 820 during covid.   

This kept me thinking, its a good strategy. Point is to get to 700 qty of a stock with price > $1000 when you want to retire. 

[beerboy17]

4 minutes ago, Konebhar6 said:

A few years back, in a casual get together, a friend made a comment. He has ESPP and RSU's and company stock price was $150-200 at that time. He has Qty more than 500 at that time as he never sold his holdings. 

His plan was to not sell stock under $1000 and move to India. He will sell 3 stocks a month meaning $3000/month to cover expenses. He would need to sell 36 stocks/yr, 360 for 10 yrs and 720 stocks for 20 yrs. He has savings, 401k to cover other stuff. We all had a hearty laugh until that stock hit 820 during covid.   

This kept me thinking, its a good strategy. Point is to get to 700 qty of a stock with price > $1000 when you want to retire. 

bro idea is good. but you can expect stock price to say above $1000 for 20 years..
risky thought imo

[Konebhar6]

If you get ESPP & RSU's and are confident in the company prospects, do not sell it and follow above theory.

[Konebhar6]

3 minutes ago, beerboy17 said:

bro idea is good. but you can expect stock price to say above $1000 for 20 years..
risky thought imo

I am coming there. Idea is to pick a company that has steady growth. 

[Spartan]

2 minutes ago, Konebhar6 said:

If you get ESPP & RSU's and are confident in the company prospects, do not sell it and follow above theory.

ma dantlo ala millionaires ayyaru..  with same strategy and cashed out to buy homes..

I am one of them (not millionaire, but sell espp for home)

and some are just doing time pass in the company...Hawaii lo retirement homes kattukoni...

desi galle...