Ford announced that it will expand the buyout program that was
introduced earlier this year. Offers will be made on a facility by facility
basis and employees must accept the offer by the end of October.
Accepting
a buyout offer is a very important personal financial decision. So it is
imperative to consider the program carefully and decide what is best for your
particular situation
For those who are considering a buyout, there are important factors to evaluate:
- Am I financially ready to retire?
- Have I developed a comprehensive Retirement
Income Plan?
- How will this
program impact my retirement plan?
- What should I do with the assets in my TESPHE account?
- Which distribution
method for pension benefits is best suited for my personal situation?
Mainstay Capital Management, a
fee-only, independent, Registered Investment Advisor provides investment and
retirement planning advice for thousands of active and retired automotive
industry employees. Mainstay has counseled many employees on buyout offers. We
can provide you with a comprehensive Retirement Income Analysis, help you
evaluate “what-if” scenarios, and help you make an informed decision concerning
a buyout offer.
Call Mainstay Capital
Management toll-free at 1-866-444-6246 to discuss the buyouts available to you
and your personal situation with a Retirement Planning Specialist.
Or click here for a free information kit.
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