by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management Many people have heard of Bitcoin. It is the most popular crypto on the planet. However, it is one of only many. How many may you ask? Around 7,000 as I write this. Alternative coins, also known as altcoins, such as Ripple, Litecoin, and […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management What is retirement? The definition is forever evolving, and the answer depends on whom you ask. There is no list of things that can describe exactly what retirement is or what it is not. The retiree is the architect and, therefore, the decision-maker. It […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management It’s a great question. And the answer is usually straight forward. For an employee, the idea of not going to work anymore after a certain age, yet still receiving an income to live life on their terms, is the specific purpose of a retirement […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management Hunger in Maine is much more prevalent than most people know, and it affects our state deeply. Community members of all ages, all throughout our state, lack access to adequate food. Hunger needs a much broader definition. So does food. Last year, the Good […]
by Jac M. Arbour CFP®, ChFC®, President J.M. Arbour Wealth Management Summers in Maine are special, and I am blessed to call this state my home. I wake each morning and travel across Lake Cobbosseecontee in a 14-foot, 1956 Richline aluminum boat with my grandfather’s 1973 6 horsepower Evinrude. I watch mist rise from the […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management At this time of year four years ago, I gave a talk to 800 people at a Lewiston, Maine, elementary school. In it, I shared some ideas about how the students could create an amazing upcoming summer vacation for themselves. I had an absolute […]
by Jac M. Arbour CFP®, ChFC®, President J.M. Arbour Wealth Management A 401(k) (or a 403(b), 457 Deferred Compensation Plan, Thrift Savings Plan, Profit Sharing Plan, SEP IRA, SIMPLE IRA, etc.) is a retirement account that is sponsored by an employer and offered to the employees, also known as the participants in the plan. These […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management What a world, huh? One day we are cranking along, humming and whistling, and the next, the brakes are screeching and seemingly everything comes to a halt. Life can change quickly. We have all faced adversity at some point and when we do, it […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management It’s an interesting business that I’m in and there is an interesting perspective amongst the public about what we do as wealth managers. Most people think our careers have to do only with money. The truth is, our duties stretch far beyond the realm […]
by Jac M. Arbour CFP®, ChFC® President, J.M. Arbour Wealth Management As financial advisors, we look at the income, expenses, balance sheets, profit and loss statements, and many other documents, for both corporations and individuals, and we do it every day. It seems so normal, so routine. I recently had a phone call with a […]