View Single Post
Old 05-25-2023 | 07:31 PM
  #46  
Gunfighter's Avatar
Gunfighter
Gets Weekends Off
1M Airline Miles
On Reserve
Gets Weekends Off
50 Countries Visited
 
Joined: Apr 2007
Posts: 5,632
Likes: 654
Default

Originally Posted by First Break
I think any qualified financial advisor would probably tell you exactly the opposite. The tax arbitrage available through one of these plans is amplified by time. The power of compounding interest comes from time, and the youngest pilots will benefit from these plans the most.

Again, don’t take anyone on this web board’s word on this, including mine. Seek input from a qualified advisor that you trust and make the best decision for your situation.
The power of compounding interest comes from time, and the youngest pilots will suffer the most because they are trapped in a vehicle with subpar gains for two or three decades when they should be investing for growth.
Reply