Are you planning for your retirement with the confidence that you're making all the right moves? In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future.   Here’s what we cover in this episode:   0:00 – Intro 4:38 – Planning to be retired for years instead of decades 6:39 – Starting Social Security too early 11:59 – Assuming bonds will be your main source of income 14:06 – Ignoring the impact of inflation 17:19 ..read more

Today we’re going to catch up with Coach Fedora to reflect on a successful career in the sport. We want to hear some of his best stories about Air Force and other stops, but we’ll also talk about life off the field as well. From a social media picture that went viral to a weightlifting scare, this show will cover a lot of ground with someone we respect highly. Plus, we’ll get his opinion on the state of college football and whether he’s happy to be enjoying retirement rather than being back on the grind in this new landscape.   Here’s what we cover in this episode: 0:00 – Intro 0:50 – Cha ..read more

Delta paid out a large profit-sharing bonus this month, which is great for those pilots who received a check on Valentine’s Day. The question we get a lot when these bonuses get paid is what should you be doing with it? We wanted to shoot this short video to provide some general guidance for pilots who have some extra money to invest or save. It might not be specific advice but it should give you some ideas for how you’ll use the bonus. We’d love to talk to you more about your investment strategies if you have additional questions.   Retire Pilots - https://retirepilots.com   Get you ..read more

We’re excited to bring on Lee Hyder of Lee Hyder & Associates today to share insights and stories from 30+ years of experience. Join us as we go back and forth on the highs and lows investors face, underscoring the need for resilience and a long-term outlook when building a portfolio for retirement. We spend the first part of the how discussing fees and how you should approach them with your investment portfolio. Who wouldn’t pay a percent or two to get an extra three or four percent return? That’s part of what you should be evaluating and we’ll get Lee’s insight on how he evaluates invest ..read more

Everyone wants to know. Will the economy boom or bust in 2024? Join us as we explore a range of expert predictions, from the shifting trends in housing prices to the looming question of a potential recession or stock market crash. We'll balance our discussion with both optimistic and pessimistic perspectives from an array of sources to give you a comprehensive view. Ryan will also weigh in with his own perspective on each of the financial topics so tune in to navigate the uncertainties and opportunities of 2024's economic landscape and equip yourself with knowledge for the year ahead.   H ..read more

We’re excited to bring on Lee Hyder of Lee Hyder & Associates today to share insights and stories from 30+ years of experience. Join us as we go back and forth on the highs and lows investors face, underscoring the need for resilience and a long-term outlook.   Here’s some of what we discuss in this episode: 0:00 – Intro 2:41 – Keeping up with change in the industry 4:07 – Using technology to trade 6:58 – Returns 13:26 – Managing expectations 16:56 – Greed vs Fear   About our guest: https://www.leehyder.com/    Retire Pilots - https://retirepilots.com   Get your FR ..read more

This episode is going to delve into the significant new Tentative Agreement for Southwest Airlines pilots and break it all down so you know the most important details. By the end of the show, you should be up-to-date on the impact and the implications of the TA. We’ve invited Captain Robert Ecklund of Southwest Airlines to talk about some of the key aspects of the contract that's coming out, including compensation, disability benefits, retirement plans, and the implementation schedule. We’ll focus on some of the intricacies of the cash balance plan, the exceptional disability benefits and that ..read more

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future, but the idea of delayed gratification is at the core of retirement planning. In this episode we’ll talk about some of the situations where you might be inclined to take the immediate benefit when you should really consider the delayed rewards.    Here’s some of what we discuss in this episode: 0:00 – Intro 3:55 – A lesson instilled 4:32 – Passing up the company match 7:01 – Saving in tax-deferred accounts 9:33 – Emergency fund 11:55 – Pulling out of retirement account ..read more

The goal for the show today is to provide you with a broad picture of being offered and share some things from our research that Delta pilots should be aware of and think through. Plus, we’ll offer some alternative options to this GVUL policy for pilots looking for a safe asset. If you’re just looking for a quick cliff notes version of what we discuss, skip to the final few minutes to hear us summarize all of our thoughts.   Also, make sure you check out this sequence of returns explanation Ryan recorded to understand this risk: https://www.youtube.com/watch?v=vSsR7Km5XRw   Here’s so ..read more

The idea we’ve been exposed to about investing is that our money can only be in one place at a time, right? That’s all we’ve ever heard, but that’s not exactly true. Your money can work for you in two different places thanks to the Infinite Banking Concept. It’s a strategy that we’ve previously discussed with today’s guest, Dave Befort, but today we want to dive into how to truly harness the power of being your own bank.   Here’s some of what we discuss in this episode: 0:00 – Intro 4:24 – The Infinite Banking Concept 7:59 – Why Dave does this   14:45 – The amount the average person ..read more