If you want to talk through your specific numbers, schedule a free 15-minute call or review our services and fees to see how we work with Lockheed Martin employees.
Lockheed Martin employs more than 120,000 people worldwide, including more than 14,000 employees in Colorado. The company has major operations in the Denver area, Colorado Springs and other locations across the state, with many employees working in engineering, technology, aerospace and defense.
For professionals at Lockheed Martin, compensation and benefits can become more complicated as income increases and careers progress. Here are five areas worth considering as your financial situation changes.
1. How should you manage company stock and equity?
If you receive company stock or other equity compensation, understand how those assets fit into your overall wealth before deciding whether to hold or sell them.
A large position in one company can create concentration risk, particularly when your income and career are also connected to the same employer. The appropriate level of company stock depends on your overall assets, tax situation, investment objectives and risk tolerance.
The question isn’t simply whether you should own Lockheed Martin stock. It’s how much of your wealth should depend on one company.
2. Are you making the most of your employee benefits?
Lockheed Martin offers a range of benefits, including retirement plans, health coverage, paid leave, tuition assistance and professional development programs.
The financial decisions surrounding those benefits can become more important as your compensation increases. How you use employer benefits can affect your taxes, cash flow, insurance coverage, investments and long-term financial goals.
Rather than looking at each benefit separately, consider how the pieces fit together with the rest of your financial situation.
3. What happens to your taxes as your income grows?
Higher compensation can change more than your paycheck. It can affect your federal and state income taxes, investment decisions and the amount of additional income you can take on without moving into a higher tax bracket.
Bonus income, investment gains, equity compensation and other sources of income can also arrive at different times and receive different tax treatment.
Tax planning is most useful before the income or transaction occurs. Depending on your circumstances, that may include reviewing estimated taxes, charitable giving, investment gains, Roth conversions or other planning opportunities.
4. Are your investments keeping pace with your financial situation?
Your investment strategy may need to change as your income and assets grow.
You may have taxable investments, retirement accounts, cash, company stock, real estate and other assets spread across multiple accounts. Looking at each account independently can make it difficult to see how much risk you’re actually taking or how efficiently the portfolio is positioned from a tax perspective.
Your investments should be considered as part of your overall household wealth, not account by account.
5. What happens when your career changes?
A promotion, job change, relocation, leave from work or eventual retirement can create financial decisions that are difficult to reverse once made.
Before a major career transition, review your compensation, benefits, investments, taxes, insurance and estate plan together. A strategy that makes sense while you’re working may need to change when your income, tax situation or financial priorities change.
For more information, see our financial planning for Lockheed Martin employees page.
Financial planning for Lockheed Martin professionals can involve much more than managing a retirement account. Compensation, taxes, investments, employee benefits and career decisions can all affect your long-term financial picture.
About the Author
Gabriel Motta, CFP®, MBA, is the founder and principal of Inclinevest Wealth Management, a fee-only fiduciary retirement financial advisor and financial planner based in Greenwood Village, Colorado. He works with high-net-worth pre-retirees and retirees throughout south Denver, across Colorado, and nationally, including clients in Highlands Ranch, Centennial, Lone Tree, Aurora, Parker, Castle Rock, and Littleton, with particular experience serving aerospace and defense professionals in Colorado and nationwide. As a retirement planner and wealth manager, Gabriel helps clients navigate retirement income planning, Social Security strategy, tax-efficient withdrawals, and equity compensation. Gabriel is a NAPFA and XY Planning Network member. Learn more about Gabriel and Inclinevest Wealth Management (https://www.inclinevest.com/about-inclinevest-denver/) or schedule a conversation (https://calendly.com/inclinevest/inclinevest).
Sources
- Lockheed Martin, “Annual Report 2025,” lockheedmartin.com
- Lockheed Martin, “Colorado,” lockheedmartin.com
- Lockheed Martin, “Benefits,” lockheedmartin.com
This article is for general informational and educational purposes only. It isn’t personalized investment, tax, or legal advice, and it shouldn’t be relied on as a substitute for guidance specific to your situation. Inclinevest Wealth Management is a registered investment adviser. Registration doesn’t imply any level of skill or training. Please consult a qualified professional before making decisions about your own financial circumstances.
