The Danger of Entering Retirement With Too Much Stock (EP 46)

Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-startedHolding too much of a single stock may feel rewarding during the growth years, but entering retirement with an overconcentrated portfolio can create major long term risks.In this episode of Retiring Canada, we discuss the dangers of stock concentration and why diversification becomes increasingly important as retirement approaches.You will learn how company stock plans, stock options, and emotional attachment to investments can expose retirees to unnecessary risk. We also cover real world examples of investors who experienced massive gains and devastating losses due to overconcentration, along with strategies that can help reduce risk while managing tax consequences.We also discuss diversification, globally balanced portfolios, and advanced planning strategies that may help investors transition away from concentrated stock positions more tax efficiently.This episode is for Canadians approaching retirement who want to better understand concentration risk and protect the wealth they have spent decades building. WANT EVEN MORE RETIREMENT PLANNING TIPS?Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠https://www.retiringcanada.ca/retirement-newsletterAs a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!EPISODE RESOURCES:📊 Work with Michael: https://fundamentalwealth.ca/get-started💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question🌐 Retiring Canada Website: https://www.retiringcanada.ca