Many companies offer employees a buyout package to encourage them to leave the company. This is generally done to encourage voluntary departures when the organization is looking to reduce headcount....
Imagine that you could wave a magic wand and turn your new grandchild into a millionaire for a head start in life. Believe it or not, even a relatively modest amount tucked away using a “stretch”...
Given the uncertain future of Social Security and the decline in popularity of traditional pensions, taking initiative to save for retirement is more important than ever. Individual Retirement...
Market timing is a “strategy” of deciding when to buy and sell stocks by attempting to predict which way and when stocks will move. Let’s look at an example and the data to determine why market...
It's never too early to think about how and where you want to live when you're older. How far in advance do you plan vacations? A month at the very least, right? You've booked the flights and...
Estate planning is not something to which most people look forward because it’s associated with mortality, but it’s important to think of the next generation. As Financial Advisors at Guidance...
Tax planning and getting sound tax advice is not usually a high priority for many of us, especially when there is an H&R Block around every corner or software solution easily available. As...
Are you considering hiring a financial advisor in Bangor, but you don’t know how to get started? There are so many things to consider when hiring a financial advisor, but let’s start with the...
UPDATED June 2022
Each year, we at Guidance Point Advisors meet with well over 100 households in the Bangor, Maine area with respect to their Financial Planning and Investment needs. Because so many...
When speaking with people, this is probably the most frequently asked question that I get asked. It’s a difficult question to answer in general terms because retirement looks different for everyone...
