Le Lézard
Classified in: Transportation, Business
Subjects: ACC, SCZ

Novi Financial Advisors Release Guide to Help Retirees of Ford, GM, and FCA with Their Pension Buyout Decision

NOVI, Mich., Aug. 30, 2019 /PRNewswire/ -- Retirees from Detroit's Big Three Automotive companies may feel like they're on the hot seat as they're being forced to answer the potential million-dollar question ? should I take my pension in the form of a lump sum, or as monthly payments? Retirement might not even be their choice, as these companies continue to reduce their work-forces through layoffs and voluntary severance packages. For example, Ford recently cut 7,000 salaried employees and is likely to continue cutting the workforce over the next few years.

Certified Financial Plannertm professionals Richard Paul and Steven Paul have released the Autoworker's Guide to Lump Sum Pensions: 5 Crucial Questions Retirees from Ford, General Motors, and Fiat Chrysler Want to Get Right.

From their 40+ years of combined experience in dealing with these retirees, they understand that it's a time of major stress, which is precisely what retirees don't want as they head into their non-working years. This down-to-earth guide delves into other retirement planning decisions autoworkers will face, such as how to invest for retirement, when to file for social security, and how to find a financial advisor.

These are not your typical everyday decisions. These are decisions that you need to take your time with and make sure you fully understand your options.

Disclosure: Richard Paul offers advisory services through Richard W. Paul & Associates, LLC, an independent RIA. Richard W. Paul & Associates, LLC is an SEC registered investment advisory firm, with offices located in Novi, Troy and Ann Arbor. Insurance services offered through Midwest Financial Consultants Inc. www.rwpaul.com

Media Contact:
Matt Paul

SOURCE Richard W. Paul & Associates

These press releases may also interest you

at 12:08
Lozano Smith, LLP, California's leading education and public agency law firm, is pleased to welcome Roman Muñoz to the firm's Sacramento office. Over his notable 20-year career, Roman has served on behalf of school districts, the California State...

at 12:05
The Fraser Valley Real Estate Board's Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July. The FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent...

at 12:02
Medicure Inc. ("Medicure" or the "Company") , a cardiovascular pharmaceutical company, will release financial results for the quarter ended June 30, 2020 on Tuesday, August 11, 2020. The second quarter financial statements will be made available on...

at 12:01
Blue Cross Blue Shield of Massachusetts ("Blue Cross") announced today that it will return $101 million in premium refunds and anticipated rebates to its customers and members as a result of lower than anticipated health care costs during the...

at 12:01
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced United Health Group  as its October 2020 "Stock to Study" and Intel Corp.  as its "Undervalued Stock" for investors' informational and educational use....

at 12:00
United Imaging, a global leader in advanced medical imaging and radiotherapy equipment, along with Myocardial Solutions, a medical technology company working to transform the cardiac and cancer care continuum, announced today FDA premarket clearance...

News published on 30 august 2019 at 08:32 and distributed by: