Originally Posted by Planetrain

Retirement is for retirement. Just like doctors and lawyers we have already won the game. If we do nothing but 16% DC, most of us will have a very comfortable age 65+. I don’t need a super exotic plan to win. I’m already there. Too many compadres have tried to grasp for that extra alpha and failed. Concert promotion, flipping beach condos, strip malls, to name a few. Ever heard the term dumb-doctor-deal? I keep the 401k plain and boring. I don’t think it’s a ball and chain. I don’t really fear the low return of the MBCBP either- the tax deferment is worth it to me, the dues savings is nice, and asset type is a small part I want to own in the overall account.

OTOH I have my own brokerage account that I use for investing and maybe a little speculation. If I lose it all I will still have a comfortable retirement. If I win with it, maybe I have a really nice car instead of just a nice car. Maybe I have a really nice boat instead of just a nice boat. Maybe I drop more trips and travel with my wife vs working a regular month.

A lot of pilots don’t want to be landlords or syndicate investors with Grant Cardone. Best of luck with your cash flow plan. Remember us common folks back in coach!