Episode 5: Mailbag – Company Stock, Retiring Early, and More

We are opening up the mailbag today to answer some listener questions. A lot of questions come up during the financial planning and retirement planning process and we want to help you sort through them.

Is it okay to touch your retirement savings early? This will depend on your situation; a lot of clients have more money than they realize.

How much company stock is too much to have in your 401(k)? We recommend about 10 or 15%, we want to protect your future if something were to happen to that company.

Join us today as we discuss listener questions on retiring early, improving your savings, and more.

 

What We Discuss Today: 

1:41 – “I’ve been on disability previously, but now my benefits are being discontinued. Is it okay to take from my retirement savings instead?”

3:37 – “How much is too much of company stock in my 401(k)?”

4:49 – “How can I get motivated to save more?”

6:24 – “I’m too young to take money out of my accounts, am I stuck working?”

9:57 – “I’m thinking of having my mom sign her house over to me so she can avoid going into a nursing home. Is this a good move?”

10:33 – “Do I have too much money in the bank?”

 

Quotable Moment: 

“If your gut feeling tells you that you can’t sustain any risk, then keep it in the bank.” – Spiros Vassilakos

SHARE THIS PODCAST

Facebook
Twitter
LinkedIn

HAVE A QUESTION?

SPIROS VASSILAKOS

For more than 20 years, Spiros has helped families and individuals, corporate executives, physicians and small business owners locally and nationally, pursue their financial goals with thoughtful, tax-sensitive investment guidance. 

Spiros is focused on helping you pursue your greatest objectives with simplicity, transparency and a disciplined process to measure your progress. His guidance is tailored to support your current lifestyle, retirement income needs and legacy goals, while making you feel comfortable at every step of the way. His passion is fueled by knowing he has made a positive difference in the lives of the families and organizations he serves.

SPIROS VASSILAKOS

For more than 20 years, Spiros has helped families and individuals, corporate executives, physicians and small business owners locally and nationally, pursue their financial goals with thoughtful, tax-sensitive investment guidance. 

Spiros is focused on helping you pursue your greatest objectives with simplicity, transparency and a disciplined process to measure your progress. His guidance is tailored to support your current lifestyle, retirement income needs and legacy goals, while making you feel comfortable at every step of the way. His passion is fueled by knowing he has made a positive difference in the lives of the families and organizations he serves.

MORE WAYS TO CONTACT...

(727) 754-8418

AthenianPCG@Cambridgesecure.com