Planning Essentials for Pilots Nearing Retirement
In the episode, he breaks down effective strategies for building stability through tools like dividend paying whole life insurance.
In the episode, he breaks down effective strategies for building stability through tools like dividend paying whole life insurance.
The episode tackles financial strategies tailored specifically for pilots, covering everything from best practices in managing a pilot's 401k to the principles of infinite banking.
Retirement planning doesn’t have to be overwhelmingly complicated. In fact, it doesn’t have to be as complicated as most people tend to make it. In this episode, we’re going to unravel some of the unnecessary complexities that are often woven into the fabric of retirement advice.
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.
Today we’re joined again by Dave Befort, our insurance expert, to talk specifically about some of the benefits that new Delta pilots are being offered in their new contract. This show isn’t exclusive to Delta pilots so there will be information that every pilot can benefit from, but we want to focus on the Group Variable Universal Life (GVUL) insurance option being offered.
Many of the FedEx and UPS pilots still have a pension and they often ask what to do about the survivor benefits. Many of them are inclined to lean towards the 50% survivor benefit, but that’s not typically the best option.