If your employer is a publicly traded company, how much financial trouble would you be in if the stock tanked? This is the essence of a recent email I received. The question revolves around company stock, 401k, and an employee stock purchase plan. It’s a complicated question, so I took the time answer to this question on The Pete the Planner Radio Show on 93 WIBC.
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Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.