Concentration Risk: The Retirement Mistake Nobody Warns Engineers About

Claim your free consultation:https://calendly.com/patrick-hammond-... Watch this next: Is $2.5 Million Enough to Retire? A Guide for Engineers    • Is $2.5 Million Enough to Retire? A Guide ...   CHAPTERS 0:00 The Hidden Risk in Your Retirement Portfolio 1:00 Meet Patrick Hammond, CFP, Wealth Advisor for Engineers 1:30 The Overlooked Danger of Company Stock 3:00 How Concentration Risk Builds Over Time 4:30 Real-World Examples: Tom vs. Dave 6:00 Why Diversification Matters for Your Retirement 7:30 Managing the Risk: Questions to Ask Your Advisor 9:00 The Key Takeaway: Review Your Company Stock Holdings 10:00 Free Consultation & Final Thoughts If you're an engineer between 55 and 66, you've probably built something that looks on paper like the dream retirement, a seven-figure 401(k), alongside plenty of equity compensation in the company you've helped build. But... The part most engineers don't think about is that they may be more dependent on their company's stock than they realize, a large chunk of that wealth tied up in one place, the same company that pays your salary. In this video, Patrick Hammond, CFP and Co-Founder of Guardian Financial Services, breaks down the three biggest retirement traps engineers with $3M+ saved run into and what to do about each one before it costs you. In this video you'll learn: How growing company stock holdings can quietly create concentration risk that threatens your retirement ● Why relying on paper diversification might hide how much of your future depends on one company ● Why a proactive approach—asking the right questions—can help you manage and mitigate this risk ● What an engineer-specific, stress-tested retirement plan actually looks like This video is for educational purposes only and is not personalized investment or tax advice. Your situation may differ; please consult with a financial or tax professional regarding your circumstances. Want to see how these risks could impact your specific numbers? Book a free consultation — no cost, no pressure, no obligation: //calendly.com/patrick-hammond-guardianwealthfs/new-meeting If you found this helpful, drop a comment below, and share it with another engineer who's approaching this stage. #RetirementPlanning #Engineers #retirement #FinancialPlanning #wealthmanagement Any opinions are those of Patrick Hammond are not necessarily those of Raymond James.Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation. Past performance does not guarantee future results. Future investment performance cannot be guaranteed, investment yields will fluctuate with market conditions. Raymond James and its advisors do not offer tax advice. You should discuss any tax matters with the appropriate professional. CSP 1166557