Leading with Purpose: Executive Wealth and Retirement Planning

In this episode, we explore the unique financial considerations executives face throughout their careers — especially as they prepare for retirement. From negotiating compensation packages to managing concentrated stock positions and navigating major transitions, the path can be complex.

Guests Christian Klaas, CPA, and Matt Hochstetler, estate planning attorney, share their deep experience working with high-level executives and explain how planning early — and revisiting your plan often—can help preserve wealth, reduce tax exposure, and align financial decisions with long-term goals. Whether you're in the C-suite or advising someone who is, this episode offers actionable insights to help turn executive complexity into clarity.

In This Episode, You Will Learn:

• (04:12) Negotiating Compensation in Executive Roles
• (10:50) Managing Concentrated Stock and Deferred Income
• (14:40) Structuring Financial Plans to Reflect Your Goals
• (18:02) What to Do When Retirement is on the Horizon
• (24:40) Finding Purpose After the C-Suite

Want to continue the conversation?

• More on Northern Trust’s Secrets of Enterprising Families
• More on Matthew Hochstetler
• More on Christian Klaas
• Reach out to your Northern Trust advisor 

Remember to subscribe to Secrets of Enterprising Families to stay connected as we dive deeper into the strategies that empower families to manage wealth across generations. Don’t miss our next episode, where we’ll turn our focus to one of the most difficult transitions families face: the loss of a loved one. We’ll share practical steps to help ease the process—and stories that remind us what truly matters in times of grief.

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