In this episode, we tackle a question many pilots ask themselves: what should I be working on right now? Whether it's debt repayment, buying a home, saving for retirement, or funding your kids' college, it can be hard to figure out which goal takes priority. Our host, Timothy P. Pope, CFP introduces the "WIN" framework: What's Important Now, and walks through how to use your financial plan to identify the highest-impact move based on your stage of life, income level, and risk profile.

What You'll Learn from This Episode

• WIN Framework: How "What's Important Now" can help pilots reduce overwhelm and focus on the right goal at the right time.
• Debt vs. Retirement Contributions: When high-interest debt should take priority over 401(k) deferrals, and when to grab the match.
• Buy or Rent?: Financial and lifestyle factors to consider when deciding whether to buy a home at a new base or hold off.
• Avoiding the House Poor Trap: How overextending on a mortgage can block other savings goals and limit financial flexibility.
• College vs. Retirement: Why kids can take out loans but you can't borrow for retirement - and when it's okay to help with tuition.
• Time Horizon Planning: How your age, NEC contributions, and market exposure should influence your decision-making.
• Cash Balance Plans: A quick overview of what's changing at American Airlines and how it compares to other carriers.
• Real Talk on Tradeoffs: How to stack and sequence goals using your plan—and when the numbers make the decision clear for you.

Resources:

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This episode is sponsored by: Beacon Relocation

Beacon Relocation is a real estate firm helping pilots and air traffic controllers save money on their real estate transactions. By tapping into their network of over 1500 real estate agents across the country, pilots can save 20% of the real estate agent’s commission towards your closing cost on the sale or purchase of your home. Visit https://www.beaconrelocation.com/ to learn more. 

Timothy P. Pope is a Certified Financial Planner™and principal owner of 360 Aviation Advisors, LLC (“360 Aviation Advisors”), a registered investment advisory firm. Investment advisory services are provided through 360 Aviation Advisors, in its separate and individual capacity as a registered investment adviser. Podcast episodes are provided through Pilot’s Portfolio, in its separate and individual capacity.

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