Max and Dylan dig into the mailbag, then Greyson Geiler, retirement specialist, joins us to discuss the recent market volatility and its effect on retirement. We discuss what 20-30 year old pilots should be doing to save for retirement and how to minimize fees. Next we cover some strategies for pilots in their 40s and 50s, and finally what pilots in their 60s should do to prepare their portfolio for retirement. Ted calls in for some straight talk and shares a story about his days as a CFI. Greyson Geiler at Secure Estate Solutions can be reached via email or at 1-800-345-3155 Show resources:  Straight Talk with Ted Shirt Our sponsor, Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airline's plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more! Do you have feedback, suggestions, or a great aviation story to share? Email us info@21fivepodcast.com Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates.

30. What should I be doing with my 401(k)?

A podcast for Professional Pilots, by Professional Pilots. Join hosts Dylan and Max, both professional pilots with backgrounds in Flight Instructing, Airlines, and Business Aviation, on their quest to improve as travelers, pilots, and professionals. Expect to find interesting conversations with industry experts in a variety of aviation fields, thought-provoking discussions on hot topics, and hilarious stories from the (sometimes) wild aviation industry. 
Whether you’re corporate, airline, charter, or anywhere in between, you’ll love our fresh and often funny take on all things aviation.
Come find us online at 21fivepodcast.com and connect with us via Insta/Facebook/Twitter: @21fivepodcast

Aviation

Games & Hobbies

Leisure

The guys dive into the intricacies and amusing challenges of aircraft lighting protocols.  They humorously recount instances of "light shaming". We discuss chapter one of Hard Landing for the book club. In the mailbag segment topics range from the importance of different types of flying experience, to the impact of personal decisions and career changes post-furloughs. They highlight stories from pilots who have navigated the challenges of layoffs, transitions between airlines, and shifts into corporate flying, emphasizing resilience and adaptability in the aviation industry. Flight Advice: Phoenix-based commercial pilot seeking advice on how to best prepare for a future career with airlines or companies like NetJets. Show Notes 0:00 Intro and Lighting 6:24 Book Club: Prologue and Chapter 1 15:41 John Travolta Pilot Embezzlement 20:26 Show Reviews 23:42 Mailbag 39:44 Flight Advice: Resume Building Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000! Hard Landing: The Epic Contest for Power and Profits That Plunged the Airlines into Chaos by Thomas Petzinger Jr 21Five's Youtube Channel Connect with us on LinkedIn Our sponsors: Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more! Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more! Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast Employee Compensation Software That Answers "What's the Going Rate?" The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.   VAERUS MEANS RIGHT, TRUE, AND REAL.Buy or sell an aircraft the right way, using a true partner, to make your dream of flight real. Connect with Brooks at Vaerus Jet Sales | Learn more about the DC-3 Referral Program   Do you have feedback, suggestions, or a great aviation story to share? Email us info@21fivepodcast.com Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates. The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

124. How Much Turbine Time Do You Really Need? Mailbag+Flight Advice

James Onieal joins us to unpack the rollercoaster of recent airline developments—from unexpected furlough announcements to hiring surges at major carriers like UPS. We explore the emotional and professional impacts of such turbulent times on pilots, emphasizing the critical importance of resilience and strategic career planning.  Show Notes 0:00 Breaking News 6:06 Advice For Pilots Being Furloughed 23:20 Information Without Context 33:38 Furloughed Mindset 42:19 Starting over at age 40? Book a strategy session with James Onieal 21Five's Youtube Channel Connect with us on LinkedIn Our sponsors: Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more! Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more! Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Click Here to Schedule a Meeting Employee Compensation Software That Answers "What's the Going Rate?" The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.   VAERUS MEANS RIGHT, TRUE, AND REAL.Buy or sell an aircraft the right way, using a true partner, to make your dream of flight real. Connect with Brooks at Vaerus Jet Sales | Learn more about the DC-3 Referral Program   Do you have feedback, suggestions, or a great aviation story to share? Email us info@21fivepodcast.com Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates. The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

123. The Furlough Flute returns, is more trouble ahead? w/ James Onieal

They guys check in with their college buddy Ted to get the real story on what it's like to fly the 787. Plus: Mailbag and Flight Advice Show Notes 0:00 Intro & Updates 7:53 Hard Landing Book Club 14:29 Straight Talk With Ted 23:19 Trip Scheduling & Crew Positions 44:49 Listener Reviews 48:21 Mailbag: Audio / Non Rev / 141 Program / Tim Pope 1:02:45 Flight Advice: Pilot Job Regardless of Salary Hard Landing: The Epic Contest for Power and Profits That Plunged the Airlines into Chaos by Thomas Petzinger Jr Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000! 21Five's Youtube Channel Connect with us on LinkedIn Our sponsors: Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more! Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more! Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast Employee Compensation Software That Answers "What's the Going Rate?" The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.   VAERUS MEANS RIGHT, TRUE, AND REAL.Buy or sell an aircraft the right way, using a true partner, to make your dream of flight real. Connect with Brooks at Vaerus Jet Sales | Learn more about the DC-3 Referral Program   Do you have feedback, suggestions, or a great aviation story to share? Email us info@21fivepodcast.com Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates. The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

122. Straight Talk with Ted: Flying the Widebodies

Timothy P. Pope, CFP, joins the guys to discuss the significant financial implications of the new Southwest Airlines contract for pilots, focusing on pay raises, bonuses, and enhanced retirement contributions. Pope emphasizes strategic financial planning to navigate these changes, including tax considerations and the benefits of market-based cash balance plans. The conversation highlights Tim's expertise in financial planning for pilots, offering practical advice for maximizing financial well-being in light of the contract updates. Show Notes 3:35 Southwest’s Ratification Bonus & Other Changes 10:28 Preparing Clients for the Future 16:59 Market-Based Cash Balance Plan 20:44 Disability Benefits 27:32 Imputed Income 29:45 Final Takeaways Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000! 21Five's Youtube Channel Connect with us on LinkedIn Our sponsors: Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more! Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more! Employee Compensation Software That Answers "What's the Going Rate?" The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.   VAERUS MEANS RIGHT, TRUE, AND REAL.Buy or sell an aircraft the right way, using a true partner, to make your dream of flight real. Connect with Brooks at Vaerus Jet Sales | Learn more about the DC-3 Referral Program   Do you have feedback, suggestions, or a great aviation story to share? Email us info@21fivepodcast.com Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates. The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

121. How do I navigate the significant financial implications of my new airline contract?

The guys recap their vacations and Max talks about playing the non-rev game // The latest PJP drama (recorded prior to the release of JC's rebuttal video) // We've both performed go-arounds recently, Dylan and Max both reflect // Mailbag: Clarity Aloft vs. Bose Proflight, More jumpseat headset observations, EVTOL thoughts // Flight Advice: #1 - College student asks for advice on applying for internships. #2 - Should I sign a training contract in a cadet program? Advanced Aircrew Academy's Blog Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000! 21Five's Youtube Channel Connect with us on LinkedIn Our sponsors: Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more! Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more! Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast Employee Compensation Software That Answers "What's the Going Rate?" The AirComp Calculator™ is business aviation’s only online compensation analysis system. It can provide precise compensation ranges for 14 business aviation positions in six aircraft classes at over 50 locations throughout the United States in seconds.   VAERUS MEANS RIGHT, TRUE, AND REAL.Buy or sell an aircraft the right way, using a true partner, to make your dream of flight real. Connect with Brooks at Vaerus Jet Sales | Learn more about the DC-3 Referral Program   Do you have feedback, suggestions, or a great aviation story to share? Email us info@21fivepodcast.com Check out our Instagram feed @21FivePodcast for more great content and to see our collection of aviation license plates. The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.

30. What should I be doing with my 401(k)?

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