MBCBP Poll
 

You've had at least 24 hours to think about this. What is your gut telling you?

I'll just buy more GME

my gut tells me no. Will be meeting my financial advisor in the next couple of weeks to discuss. His first thought was “this is not s slam dunk”.

We have 2 months to make a lifetime decision and all we have to go with is bullet points and a web page that’s “coming soon”.

MBCP = Conservative/safety portion.

Brokerage = Risky portion.

Back before IRA's, Delta had a retirement plan for everybody called "Family Care" included stocks, bonds, aaand..... insurance contracts that paid 7-8.5%, way mo' betta. For some reason very few pilots were involved, must have been the bullet proof retirement plan.

Will run numbers but my gut (44 year old 2018 hire, NB Captain) says no. Just too low of a return on fund for the tax advantages to cover.

I will be getting a decent reserve retirement starting at 57, so I won't ever be "zero income outside MBCBP" which cuts the tax advantages.

it’s two months to make a relatively minor decision about tax arbitrage that will have a marginal effect on your retirement savings. Chill

Yup, feeling the same way. There are other places I can put that money to work and I don’t like the idea of being locked into this with the lack of information and a rushed job.

It's simple math that requires no more than 10 mins to make a decision.