ACP146 Tips For High Income Pilots Part 1

by CarlValeri on July 17, 2017

In this episode we start a new series called five tips for high Income Pilots. This series will eventually be an online video course. This podcast prepares you for your career as a pilot but one thing lacking is help for those pilots that listen who are high wage earners. In general in life once we start making over two hundred thousand a year there are not many avenues for advice and we hope to change that with this series.

Today I am joined by Andy Garrison, a Certified Financial Planner.

As a reminder we are not allowed by law to give you financial advice but this is only general information. You should consult your financial advisor for information specific to your needs. We recommend your finding a fee based certified financial planner who must comply with the FINRA rules and regulations. Fiduciary is important.

Announcements:

https://www.facebook.com/AviationCareersPodcast/
For upcoming meetups.

Tips For High-Income Pilots:

  1. The best three ways to reduce your lifetime taxes
    a. Don’t make it worse (minimize your investment taxes and withdrawals)
    b. If not meeting itemized deductions, bulk your giving and property taxes
    c. For charitable giving - consider assets and appreciated stocks
    d. Make the best use of your PS and RP contributions

Pick Of the Week:

Air, Speed, and Money Andy's website, where you can sign up for his mailing list and receive a free copy of his book.

 

Image Credit:

Shutterstock

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Welcome to the Inspirational, Informational, and Transparent Aviation Career Podcast. In this episode we answer your questions regarding CFI schools, changing careers, and low minimums a red flag.

Announcements:

AerospaceScholarships.com 2018 will be published in September. We are moving to a purely electronic book version with links to current information online in the future.

Our online courses are moving to a new platform and will be complete by the end of the year. If you have a membership already we will transfer to the new platform. Currently, the course can be individually purchased at https://valeri-aviation.thinkific.com and will be available as bundles once we move all courses to this new platform.

The new studio is almost open in Lakeland. We will be moving in the middle of July and will have a meetup soon after at KLAL.

CFI schools, changing careers, and low minimums a red flag:

  • Looking into accelerated CFI training programs, questions about where to go and recommendations
  • Feedback from an Air Force Veteran using my GI Bill for flight training
  • Would Medivac or Air Evac flying Leer Jets help with my career and building time?
  • Working at a great job flying a KingAir, dispersing sterilized fruit flies low to the ground next to a mountain

Pick Of the Week:

https://valeri-aviation.thinkific.com our new membership learning program.

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ACP144 Confidence In Your Aviation Career and Flying Freight To Build Hours

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