Ep #11: What Can We Learn About Retirement from Flying?

We look to many different places for help with retirement planning, but have you ever considered what flying can teach us about investing? You might be surprised to hear that there are a number of parallels between the two and we’ll lay them out for your on this episode.

Today's rundown:

1:22 – In the News: A new study shows 37% of households are ‘free and clear’ meaning they are mortgage-free.

3:10 – Introducing the show’s main topic on flying and retirement.

3:53 – First thing is the flight plan.

7:03 – We all handle turbulence differently, much like volatility.

9:13 – It’s important to understand how you feel about risk.

10:18 – Advisors are a lot like air traffic control to help you along the journey.

12:44 – Mailbag: I’ve been planning to sell some investment property to move that money into something else but I just discovered how much I’ll owe in taxes because of the increased property value. Should I just hold onto it?

14:17 – Getting to Know Phil: What’s a job you’d be terrible at?

Get the full show notes and additional resources by clicking here: https://philstaxhacks.com/podcast/ep-11-what-can-we-learn-about-retirement-from-flying/