In this episode, financial planner Mike Troxell, founder of Modern Financial Planning, joins hosts Jake and Arun to discuss financial planning with a focus on tech professionals. They dive into recent economic events, the challenges tech workers face, managing sudden wealth, and the importance of tax planning. Mike also shares insights on balancing risk, behavioral finance, and lifestyle considerations.

00:00 Introduction to Mike Troxell

00:41 Mike's Journey into Financial Planning

02:27 Client Demographics and Geographic Shifts

04:35 Financial Planning for Tech Professionals

07:24 Behavioral and Emotional Aspects of Financial Planning

08:50 Impact of Recent Economic Changes

12:35 Challenges in the Tech Job Market

18:01 Balancing Financial Literacy and Emotional Support

32:15 Behavioral Questions and Personal Considerations

32:50 Understanding Stock Options: ISOs, NSOs, and RSUs

37:16 Tax Implications and Reporting Issues

39:19 Diversification vs. Concentration in Company Stock

45:17 Managing Client Expectations During Market Uncertainty

48:59 Hot Takes and Lighthearted Debates

51:51 Conclusion and Contact Information