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Old 03-04-2018, 11:46 AM   #41
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Well I am thinking back to 1999 when I got a package offer and like a stupid person I volunteered to stay 6 more months to help with transition. Bang, $425 worth or options turned into $200 by the time my time was up and could exercise.
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Old 03-04-2018, 11:55 AM   #42
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Well I am thinking back to 1999 when I got a package offer and like a stupid person I volunteered to stay 6 more months to help with transition. Bang, $425 worth or options turned into $200 by the time my time was up and could exercise.
I got greedy around that time (2000) and only sold a little of my options, and I had to work another 11 years. However, had I not held onto most of my options until 2000 I wouldn't have done nearly as well as I did. Also, retiring at the start of the dotcom bust would've been dangerous as I'm not sure how smart I would've been about diversifying.
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Old 03-04-2018, 12:06 PM   #43
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Well I am thinking back to 1999 when I got a package offer and like a stupid person I volunteered to stay 6 more months to help with transition. Bang, $425 worth or options turned into $200 by the time my time was up and could exercise.

Iíve actually been very fortunate (lucky is a better word maybe). I didnít follow that advice and I held for years...just started exercising them seriously over the last 3 or 4 years during stock highs. That decision has advanced my RE timeline by many years.

I do have some exposure if I wait, but itís not a huge percent relative to my investable assets. Would suck to lose a lot of it either way. If I pull the plug and take this offer, Iíll have a few months to exercise, so similar to the situation that bit you. Iíll probably cash them on the sooner end of the window as you advised.
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Old 03-05-2018, 09:14 PM   #44
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Iíve actually been very fortunate (lucky is a better word maybe). I didnít follow that advice and I held for years...just started exercising them seriously over the last 3 or 4 years during stock highs. That decision has advanced my RE timeline by many years.

I do have some exposure if I wait, but itís not a huge percent relative to my investable assets. Would suck to lose a lot of it either way. If I pull the plug and take this offer, Iíll have a few months to exercise, so similar to the situation that bit you. Iíll probably cash them on the sooner end of the window as you advised.


My advice, take the offer. Just went to a ďcelebration of life ď. Friend died at 66. Retired at 64 in great health. A few months later, diagnosed with a rare cancer. He said to his wife ďwhy didnít I retire earlier?Ē They had plenty of money but they kept thinking, how nice a little more would be.

You never know, go do the things youíve dreamed of.
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Old 03-06-2018, 10:41 AM   #45
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Iíve decided to take the deal. Full salary and healthcare until Feb Ď19. As expected on this forum, there was mostly a ďgoĒ sentiment. All of which made sense to me. Too much risk in staying and losing the deal especially with a planned exit in less than 2 years anyway. Thanks for all the responses.
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Old 03-06-2018, 10:41 AM   #46
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Congratulations. Good decision.
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Old 03-06-2018, 11:01 AM   #47
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Originally Posted by hopeisnotaplan View Post
Iíve decided to take the deal. Full salary and healthcare until Feb Ď19. As expected on this forum, there was mostly a ďgoĒ sentiment. All of which made sense to me. Too much risk in staying and losing the deal especially with a planned exit in less than 2 years anyway. Thanks for all the responses.
Good for you.
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Old 03-06-2018, 11:10 AM   #48
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I think that you did the right thing. There is a whole new life out here.
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Old 03-06-2018, 11:19 AM   #49
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Congratulations! Great decision. I donít think youíll regret it.
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Old 03-06-2018, 12:29 PM   #50
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traded some time for money. You are free to move about the cabin. Good luck with transition!
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Old 03-06-2018, 12:56 PM   #51
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Great news. Good luck in the next part of your life. It will be fun and you won't regret your decision.
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