What’s Going On With GME???

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Don't feel like I've got retirement numbers unless it hits $100k/share.

DRS = 60
Fidelity = 60
Schwab = 8

Honestly probably need $150k/share to actually feel comfortable retiring. That would shake out to $19.2M. Then doing some dirty math....if all the share are long term securities (held for 12 months or longer), the capital gains tax is 20%.

Not gonna calculate the difference between cost basis and share price when sold...but conservative estimate would be me taking home $15.4M. At that level, I'd be good with wifey retiring. I would work a bit longer and set myself up good before joining her.

$25M+ after taxes and I'm giving my 2 weeks notice ASAP.
 

threattonature

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Don't feel like I've got retirement numbers unless it hits $100k/share.

DRS = 60
Fidelity = 60
Schwab = 8

Honestly probably need $150k/share to actually feel comfortable retiring. That would shake out to $19.2M. Then doing some dirty math....if all the share are long term securities (held for 12 months or longer), the capital gains tax is 20%.

Not gonna calculate the difference between cost basis and share price when sold...but conservative estimate would be me taking home $15.4M. At that level, I'd be good with wifey retiring. I would work a bit longer and set myself up good before joining her.

$25M+ after taxes and I'm giving my 2 weeks notice ASAP.
Where the hell you live that 15M wouldn't be enough to easily retire on? I'm thinking with just 3-5 million I'd set lol.
 

bnew

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Where the hell you live that 15M wouldn't be enough to easily retire on? I'm thinking with just 3-5 million I'd set lol.

he's trying to retire and stunt.
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