General Motors has announced a new Skilled Trades Special Attrition Program (SAP) that will be offered to thousands of GM employees. The decision to accept any buyout offer requires careful analysis and planning.
For those evaluating a buyout offer, there are important factors to consider:
- Am I financially ready to go?
- Have I developed a comprehensive Retirement Income Plan?
- How will the SAP impact my retirement plan?
- Are my investments allocated appropriately for this life event?
- What should I do with the assets in my 401(k)?
Mainstay Capital Management is a fee-only, independent investment advisor that has counseled hundreds of GM employees on buyout offers. Mainstay currently provides portfolio management and retirement planning services to thousands of active and retired GM employees. We can provide a comprehensive Retirement Income Analysis, help evaluate "what-if" scenarios, and assist in making informed decisions concerning any buyout offer.
Call Mainstay Capital Management toll-free 1‑866‑444‑6246 to discuss your personal situation with a Retirement Planning Specialist.