The Pilot’s Advisor Podcast

Never Stop Asking 'How Do You Know?' - Helping Pilots Navigate Retirement Planning

As a pilot, you've spent years mastering the complexities of flight. But when it comes to planning for retirement, do you find yourself asking, "How do I know?" Understanding the right questions to ask and finding the answers is crucial for securing your financial future. In this episode, we dive deep into the essential retirement planning questions every pilot should be asking.
 
Here’s what we cover in this episode:
0:00 - Intro
6:49 – Figuring out how much income you’ll need for retirement.
9:17 – How much should you have in savings?
12:40 – Determining your risk tolerance.
15:28 – Fees.
17:35 – Finding the right advisor.
19:53 – What is Ryan looking for in a client?
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit -  https://d74164fb.pages.infusionsoft.net/ 
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Infinite Banking & Other Pilot Strategies with the Wealth Warehouse

Today we have a special edition of the show where we’re going to share Ryan’s recent appearance on the Wealth Warehouse show with David Befort and Paul Fugere. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money. Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism.
 
Here’s what we cover in this episode:
0:00 - Intro
2:37 – Your 401k custodian
5:23 – What drew Ryan to infinite banking?
9:32 – Life insurance considerations
14:13 – Planning for retirement
18:32 – The retirement toolkit
22:15 – Setting up your children for financial success
27:53 – Getting the government out of your finances when possible.
 
Check out the Wealth Warehouse YouTube channel: https://www.youtube.com/@Thewealthwarehousepodcast
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Should you invest through Howard Capital Management?

Pilots are always looking for investing strategies that can help them grow their money and we’ve introduced quite a few people to Howard Capital Management. Today we are going to share our experience with their investments and why it might be worth considering if you want something a little different than the traditional funds.  
 
Here’s what we cover in this episode:
0:00 – Intro
1:35 – Howard Capital
4:17 – A different approach
7:59 – Managing expectations
15:11 – Equities vs real estate
17:11 – Embracing volatility
 
Connect with Lee: https://www.leehyder.com/ 
Learn more about Howard Capital: https://howardcmfunds.com/ 
 
Retire Pilots - https://retirepilots.com
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
Pilot Tax - https://pilot-tax.com/
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Deep Thoughts on the Market & Investing with Lee Hyder

As we move past Memorial Day and into the summer, we’re excited to welcome back Lee Hyder of Lee Hyder & Associates today to reflect on where the market currently stands and the investing strategies pilots should be focused on for long-term success.
We always appreciate the perspective Lee brings to the show and wanted to get his deep thoughts on a few different topics. During this episode, he shares his insights on diversification, the importance of staying in the market, and the pitfalls of emotional investing. Plus, we dive into some amusing personal anecdotes and Lee's take on Bitcoin.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
1:17 – Memorial Day recap
7:41 – What’s going on with the market
11:17 – Investing inefficiencies
15:13 – Recent flight experience
19:13 – Secrets to building long-term wealth
27:26 – What makes investors unhappy?
31:40 – Bitcoin
 
Connect with Lee: https://www.leehyder.com/
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Mastering the Art of Simple Retirement Planning for Airline Pilots

Retirement planning doesn’t have to be overwhelmingly complicated. In fact, it doesn’t have to be as complicated as most people tend to make it. In this episode, we’re going to unravel some of the unnecessary complexities that are often woven into the fabric of retirement advice.
Ryan will debunk some of the myths, simplify some strategies for us, and uncover the beauty of simplicity and straightforward planning. Pilots need to create redundant systems in retirement planning like they do when flying, and that's what we want to highlight today. 
 
Here’s what we cover in this episode:
0:00 - Intro
0:55 – Update on Ryan’s mom
2:57 – Who is responsible for complicating things?
6:54 – Traits that pilots possess
8:50 – Where pilots trip up the most
14:55 – Steps to simplify things
20:32 – How we help pilots simplify
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Expectation vs. Reality: The Truth About Retirement Planning

Some people just need a reality check when it comes to understanding their retirement. Today, we'll explore why a realistic approach to retirement, inclusive of financial planning and the potential for unexpected challenges, is crucial.
We’ll take a look at four different examples of times when expectations don’t match up with reality for pilots, and Ryan will share his expertise to help you get a better understanding of the complexities that we address in planning.
 
Here’s what we cover in this episode:
0:00 – Intro and personal up
2:06 – Manage your expectations
6:02 – Changing expenses
12:05 – Making adjustments
14:04 – Don’t be too proud to get help
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Retirement Planning Is Harder Than It Used To Be

Every generation likes to talk about how much harder things used to be when they were kids. Like all of the people who used to have to walk five miles to school, in the snow, uphill both ways. But they had at least one thing that was EASIER…and that was retirement planning.
 
Here’s what we cover in this episode:
0:00 – Intro
2:21 – Change from generation to generation
3:30 – Company loyalty
4:51 – Housing market
6:30 – Reliance on personal savings
8:58 – Investment options
10:07 – Interest rates
15:03 – Healthcare costs
18:00 – Sandwich generation
24:11 – Education
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Don’t Make These Income Planning Mistakes

Are you planning for your retirement with the confidence that you're making all the right moves? In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future.
 
Here’s what we cover in this episode:
 
0:00 – Intro
4:38 – Planning to be retired for years instead of decades
6:39 – Starting Social Security too early
11:59 – Assuming bonds will be your main source of income
14:06 – Ignoring the impact of inflation
17:19 – Forgetting to create lifetime income streams outside of Social Security
17:19 – Failing to review and adjust your plan regularly
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

What Leads to Investing Mistakes?

Being a better investor doesn’t require you to spend hours and hours researching the latest trends and market data. The most important change people can make is taking emotions out of their decision-making. It’s much easier said than done, which is why we see people make these same emotional mistakes time and time again.
 
We’re excited to bring on Lee Hyder of Lee Hyder & Associates today to discuss this common challenge that pilots and other investors face when managing their finances. Why do we repeat these mistakes and what can we do to remove emotions from our investing? We’ll explore that in this video and provide you with some guidance on how to overcome this emotional pitfall.
 
Here’s some of what we discuss in this episode:
0:00 – Intro
0:22 – Emotional investing
2:32 – Being active doesn’t mean more success
6:30 – Advice for pilots
9:00 – Watching someone make mistakes
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2

Reflecting on a College Football Career & Retirement with Larry Fedora

Today we’re going to catch up with Coach Fedora to reflect on a successful career in the sport. We want to hear some of his best stories about Air Force and other stops, but we’ll also talk about life off the field as well. From a social media picture that went viral to a weightlifting scare, this show will cover a lot of ground with someone we respect highly. Plus, we’ll get his opinion on the state of college football and whether he’s happy to be enjoying retirement rather than being back on the grind in this new landscape.
 
Here’s what we cover in this episode:
0:00 – Intro
0:50 – Championship team at Air Force
4:34 – Position coach vs Head coach
7:45 – Demar Dotson story
10:26 – Managing different personalities
12:46 – Differences coaching at Air Force
14:09 – Favorite recruiting stories
16:36 – Enjoying retirement
21:02 – Social media photo
22:53 – How he met his wife
27:10 – Handling adversity
30:21 – Turning 60 and the workout accident
36:05 – Where he draws motivation from
40:39 – Meeting Michael Jordan
46:12 – Red Bull
48:14 – Current landscape of college football
 
Retire Pilots - https://retirepilots.com
 
Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX
 
Pilot Tax - https://pilot-tax.com/
 
The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2