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.