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MBCBP Poll

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Old 05-26-2023 | 06:54 PM
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Default MBCBP Poll

You've had at least 24 hours to think about this. What is your gut telling you?
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Old 05-26-2023 | 07:21 PM
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I'll just buy more GME
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Old 05-27-2023 | 06:46 AM
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Originally Posted by Broncos
You've had at least 24 hours to think about this. What is your gut telling you?
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”.
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Old 05-27-2023 | 07:35 AM
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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”.
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Old 05-27-2023 | 07:54 AM
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MBCP = Conservative/safety portion.

Brokerage = Risky portion.

Last edited by GogglesPisano; 05-27-2023 at 08:15 AM.
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Old 05-27-2023 | 08:50 AM
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Originally Posted by GogglesPisano
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.
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Old 05-27-2023 | 08:54 AM
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Originally Posted by capncrunch
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”.
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.
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Old 05-27-2023 | 09:02 AM
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Originally Posted by capncrunch
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”.
it’s two months to make a relatively minor decision about tax arbitrage that will have a marginal effect on your retirement savings. Chill
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Old 05-27-2023 | 09:36 AM
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Originally Posted by CX500T
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.

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.
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Old 05-27-2023 | 09:52 AM
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Originally Posted by capncrunch
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”.
It's simple math that requires no more than 10 mins to make a decision.
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