Any "Latest & Greatest about Delta?" Part 2

Reply Subscribe

Page 749 of 1224

749

Thread Tools

Search this Thread

03-09-2025 | 12:51 PM

#7481

waldo135

Line Holder

Joined: May 2012

Posts: 1,292

Likes: 37

Article in WSJ about how professionals who make a lot of money are using Market Bases Plans to build wealth.
https://www.wsj.com/personal-finance..._copyURL_share

03-09-2025 | 05:31 PM

#7482

igotgummed

Line Holder

Joined: Jan 2020

Posts: 606

Likes: 118

Quote:

Originally Posted by waldo135

Article in WSJ about how professionals who make a lot of money are using Market Bases Plans to build wealth.
https://www.wsj.com/personal-finance..._copyURL_share

No that can’t be. I thought ALPA abandoned the 4th pillar?!?

03-10-2025 | 04:11 AM

#7483

crewdawg

Moderator

Joined: Jul 2006

Posts: 7,417

Likes: 415

Quote:

Originally Posted by igotgummed

No that can’t be. I thought ALPA abandoned the 4th pillar?!?

In fairness, the MBCBP doesn't do a whole lot for those nearing retirement. Even for those who are further away, savings past your $70k+/year is probably a bit of overkill.

03-10-2025 | 04:41 AM

#7484

hockeypilot44

Gets Weekends Off

Joined: Jul 2008

Posts: 5,575

Likes: 316

Quote:

Originally Posted by crewdawg

In fairness, the MBCBP doesn't do a whole lot for those nearing retirement. Even for those who are further away, savings past your $70k+/year is probably a bit of overkill.

Every bit helps. We’re 2 percent away from having to put nothing away for retirement and still have money going into MBCBP for most of our captains and maxed out fo’s. It took a couple decades to replace pension. Unfortunately, some are making out better than others.

03-10-2025 | 05:26 AM

#7485

Uninteresting

Line Holder

Joined: Aug 2024

Posts: 815

Likes: 231

Quote:

Originally Posted by waldo135

Article in WSJ about how professionals who make a lot of money are using Market Bases Plans to build wealth.
https://www.wsj.com/personal-finance..._copyURL_share

guessing many in the plan are happy the past week versus those who funded their entire year into the S&P the past 2 months.

03-10-2025 | 05:38 AM

#7486

FangsF15

Moderator

Joined: Sep 2011

Posts: 8,213

Likes: 1,164

Quote:

Originally Posted by Uninteresting

guessing many in the plan are happy the past week versus those who funded their entire year into the S&P the past 2 months.

Meh, it will come back. It always does.

over the long term, it’s always a blip.

03-10-2025 | 05:50 AM

#7487

Extenda

Line Holder

Joined: Sep 2014

Posts: 1,372

Likes: 354

Quote:

Originally Posted by FangsF15

Meh, it will come back. It always does.

over the long term, it’s always a blip.

Yup. it’s only a loss if you panic sell. Ride. It. Out. Don’t realize the losses. Just keep pumping into the market. Wake up at 65 and see what your magic number is.

MAYBE shift over to some bonds when you’re around 60.

03-10-2025 | 05:51 AM

#7488

Valar Morghulis

Line Holder

Joined: Jun 2015

Posts: 474

Likes: 56

Quote:

Originally Posted by hockeypilot44

The negotiators also announced an agreement on a deferred compensation plan that goes into effect in 2026. Good for those who can take advantage of it.

03-10-2025 | 05:55 AM

#7489

Buck Rogers

Gets Weekends Off

Joined: Apr 2018

Posts: 3,576

Likes: 33

Quote:

Originally Posted by Uninteresting

guessing many in the plan are happy the past week versus those who funded their entire year into the S&P the past 2 months.

Kinda depends on what one's timeframe is on dollar cost averaging. 1 year or 35 years?

1 year is closer to market timing. 35 years is at the other end of the dollar cost averaging spectrum.

Don't let perfection get in the way of good. But whatever path one takes, investing as soon as possible (age 16-18) is one of the biggest keys to success. Not only due to the longer time horizon but also in building a good habit pattern of paying oneself first and delayed gratification that hopefully lasts a lifetime.