Retirement Advisors
06-17-2018, 11:33 AM
#21
Gets Weekends Off
Joined APC: Feb 2008
Position: Retired
Posts: 651
Originally Posted by Excargodog
Even were I to accept your assertion that good financial decisions are somehow beyond the competence of most pilots (which I do not) then I would need to accept your assertion that these same "incompetent" pilots ARE somehow competent to discern which of the many financial advisers out there is one of the "good" advisors that you yourself say are "difficult to find." Do you perhaps begin to detect the inherent circular flaw in the logic of your assertion?
I understand. You can do YOUR own investing, and scatter pearls to the rest of us swine, but anyone else saying different is doing people a "disservice" because, gosh, who else out there could be as bright and as knowledgeable as you.
Yet you are admittedly ignorant enough that you feel incompetent to handle single phase 240 volt AC current wiring in accordance with widely published wiring codes, even though the city, county, or state electrical inspector will personally check it before it is energized. Go figure.
I understand. You can do YOUR own investing, and scatter pearls to the rest of us swine, but anyone else saying different is doing people a "disservice" because, gosh, who else out there could be as bright and as knowledgeable as you.
Yet you are admittedly ignorant enough that you feel incompetent to handle single phase 240 volt AC current wiring in accordance with widely published wiring codes, even though the city, county, or state electrical inspector will personally check it before it is energized. Go figure.
That clarifies a great deal.
06-17-2018, 12:41 PM
#22
Gets Weekends Off
Joined APC: Nov 2016
Posts: 233
Gentleman and Ladies,
Here is ALL you need to know about Retirement Planning:
> You wanna' live on 60k(?)
> e.g - Multiply that times 30 years and,
> Get yourself $1.8 million
> Assume 3% Growth ( Just keeping up with below). Very conservative investment.
> Assume 3% inflation.
> S.S. at Age 62
> Retire at 60.
Statistically, You ain't even gonna' make it to 80 , let alone 90....So, Party On.
If you make a few percent here and there you'll STILL leave a Butt-Load of money on the table for people who never really even knew you....Yet, not One Penny for The Leeches / Advisors.
Stimpson J. Kat - Esquire
( Happily Crabby Old Man )
P.S. - The above ( Bad Case Scenario ) would leave your Heirs approx. $ 975, 000 IF you make it to 90. Much more otherwise.
P.P.S - Dave, I agree with your analysis also. I like SIMPLE though. YKW.
Here is ALL you need to know about Retirement Planning:
> You wanna' live on 60k(?)
> e.g - Multiply that times 30 years and,
> Get yourself $1.8 million
> Assume 3% Growth ( Just keeping up with below). Very conservative investment.
> Assume 3% inflation.
> S.S. at Age 62
> Retire at 60.
Statistically, You ain't even gonna' make it to 80 , let alone 90....So, Party On.
If you make a few percent here and there you'll STILL leave a Butt-Load of money on the table for people who never really even knew you....Yet, not One Penny for The Leeches / Advisors.
Stimpson J. Kat - Esquire
( Happily Crabby Old Man )
P.S. - The above ( Bad Case Scenario ) would leave your Heirs approx. $ 975, 000 IF you make it to 90. Much more otherwise.
P.P.S - Dave, I agree with your analysis also. I like SIMPLE though. YKW.
Last edited by Stimpy the Kat; 06-17-2018 at 01:20 PM.
07-25-2018, 08:32 AM
#23
Banned
Joined APC: Jul 2018
Posts: 1
Retirement planning
Hi All, I am a retirement planner and financial coach. I work with a CPA and a FR who also is a pilot with Jet Blue. We work with individuals to help map out the best plan for their future and goals. I am happy to offer consultations to anyone who would like to learn more about planning for their retirement. Feel free to message or call 239-789-1355 ! Happy Flying!!
12-18-2018, 07:43 AM
#24
New Hire
Joined APC: Dec 2018
Posts: 2
I'm a pilot and I advise pilots
Merely throwing my name in the hat. 20 years of investment experience and dozens of pilot clients.
We want to win. We have a passion for wealth management and helping high-performers achieve long-term financial success.
Give me a shout (in the office or in the air)
Home | The Rudd Company, LLC
We want to win. We have a passion for wealth management and helping high-performers achieve long-term financial success.
Give me a shout (in the office or in the air)
Home | The Rudd Company, LLC
12-05-2019, 07:31 AM
#25
New Hire
Joined APC: Dec 2019
Posts: 2
My 2 cents
I think a lot of advisors do get a bad rap, some deservedly so. However, its definitely worth the time to at least meet with someone who comes highly recommended. My family uses a CFP in Kentucky, we live in Michigan, who has always given us great advice. Let me know if you want his info. I don't think he does a lot of advertising besides word-of-mouth
12-05-2019, 04:21 PM
#26
Line Holder
Joined APC: Nov 2018
Posts: 27
Originally Posted by Excargodog
Pleased to hear your retirement investing is doing fine. So's mine. And investing for retirement actually IS a simple process, that most often goes awry because people either don't do it at all do it inadequately, or trust it to a "financial advisor who has my best interests at heart."
This ain't rocket science guys, if you can fly an aircraft you can damn sure manage your own finances without giving up 1-2% of your annual investments to someone who can only make his/her money by taking it from you.
This ain't rocket science guys, if you can fly an aircraft you can damn sure manage your own finances without giving up 1-2% of your annual investments to someone who can only make his/her money by taking it from you.
Bogleheads.org could be a good start.
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