Don’t fly solo into your retirement
Many pilots are just winging it
While that may work for some professions, pilots face many unique challenges as they plan for retirement, including:
As a pilot, your job is constantly threatened by industry bankruptcies, bailouts and mergers. And external factors — like the 9/11 terrorist attacks and the 2020 pandemic — can also present challenging headwinds for the industry.
Mandatory retirement at age 65 could mean you have to retire long before you’re financially ready to stop working
You could temporarily or even permanently lose your job if your medical certificate exam reveals a disqualifying medical condition — leading to a significant loss of income and potential retirement benefits.
Many airlines no longer offer pension plans but may offer generous 401(k) plans. But are you taking full advantage of all the benefits your 401(k) has to offer?
Is your lifestyle exceeding your income? You’re not alone. While senior pilots can make more than $300,000 a year, it can take many years of work experience to get to that level.
These challenges make it difficult to fly solo when it comes to retirement planning. Our team of knowledgeable, experienced financial professionals can help you manage your money, maximize your benefits and address the unique challenges of your profession head-on. We will work with you to chart a course for retirement and help ensure you arrive right on time.
Let us help you get your retirement off the ground
Schedule your initial 15-minute phone consultation today!
At Scott Tucker Solutions, Inc., we can offer you the following products and services:
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