Pilot Planning

Expanded Investment Possibilities Within Your 401(k)

Did you know your 401(k) retirement plan offers a brokerage window for you to take advantage of broader investment options than your traditional 401(k) plan? Brokerage windows give 401(k) contributors investment opportunities beyond the traditional retirement fund options offered by their plan. Brok[...]

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Couples: Are You on the Same Page in Financial Planning?

Whether considering marriage, newly wed, or in a long-term committed relationship, most couples recognize that communication and shared goals are key to happiness and harmony. Many couples spend time discussing lifestyle goals such as where to live and work; whether to have children and if so, how m[...]

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Key Factors in Choosing the Right Investment Advisor

Finding an investment advisor who is right for you is a critical financial decision, and it can be complicated. There are many variables that should be considered. By focusing on four critical areas – people, philosophy, process and price – you can identify an advisor suited to your needs that c[...]

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Milliennials and Money: Starting the Conversation

Parents of Millennials know that when it comes to money and finance, Millennials are a paradox. They’ve been characterized as short-sighted fun-seekers, often living back at home with their parents, and more concerned about vacation time than building a career. But a closer look at this generat[...]

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The Retirement Income Challenge: Investing for Retirement in a Low Yield Environment

In an ideal situation, retirees seeking to live off of the income generated by their portfolios never have to tap principal. Historically, this has meant an income-oriented portfolio filled with bonds, dividend paying stocks, or annuities. Unfortunately, in today’s environment it’s hard to ge[...]

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Annual Fiscal Physical Key to Your Financial Health

Reviewing and maintaining your financial health has parallels to your physical health, especially for pilots, who are required to get physical examinations in order to keep flying throughout their careers. Failure to maintain your medical certifications at the prescribed intervals could result in si[...]

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Retirement Goals Can Focus on Meaning – Not Just Money

I usually talk about planning for retirement by focusing on financial goals and building a portfolio for a comfortable retirement. But, for this post, I want to talk about your retirement lifestyle. Retirement is envisioned as the time after your career to pursue a few dreams such as traveling aroun[...]

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The Financial Plan: A Flight Plan for Your Retirement

You wouldn’t dream of taking off without a flight plan to ensure you can arrive at your destination safely. Likewise, a financial plan is essential for your journey to a comfortable retirement. Many pilots and other savvy investors realize they need a financial plan but they might avoid it beca[...]

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Rebuilding Your Finances After Divorce: It’s All About the Financial Plan

Divorce is one of the most stressful experiences families encounter, especially its emotional aftermath. Even couples whose divorce is relatively amicable are likely to disagree at times during settlement negotiations that cover – and uncover – minute details of their lives.  While the emotions[...]

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Helping Elderly Parents: Health and Financial Matters Can Be Stressful for Adult Children

As many reach middle age or approach retirement, they are at or near the end of their primary parenting years. Their children may be out of college or nearing graduation and they anticipate fewer financial obligations such as tuition and more time for themselves as the need to provide care and overs[...]

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