Book an appoinment

Blogs

Trusted insight to help you achieve your goals. Read on.

Investor Education

Why Estate Planning is Essential for Pilots

by Charlie Mattingly

Aug 30, 2024

Professional pilots are economically valuable and worth every penny earned not just because they can fly safely from Chicago to LAX.  The real reason pilots are so valuable to their airlines and the flying public is that they are prepared to navigate dangerous weather, handle in-flight emergencies, and make difficult decisions. In other words, pilots […]

Not Your Parents Long Term Care Insurance

by LEFP

Aug 23, 2024

Understanding Long-Term Care Costs: New Insurance Options Kevin Gormely, CFP®, CPA and Todd Russell CFP®, President of Private Client Strategies, LLC dive into the evolving landscape of long-term care insurance and its critical role in financial planning. With rising healthcare costs and the increasing desire to age in place, understanding the new generation of long-term care […]

How to Determine if Rental Real Estate Investing is Right for You?

by Charlie Mattingly

Aug 15, 2024

It seems like there is almost a sense of obligation to purchase rental real estate once a person hits one of two financial milestones: 1. They maximize their airline retirement savings plan 2. Their income tax bill becomes so onerous that it compels them to take evasive action! If you’re not there now, you will […]

United Pilots: RHA & Healthy Fear of Healthcare Costs

by LEFP

Aug 9, 2024

Kevin Gormley, CFP®, CPA and Andy Christopher, CFA and Lead Financial Planner, discuss the intricacies of Health Reimbursement Accounts (HRA) and Retiree Health Accounts (RHA), exploring how to determine the optimal amount to save for future healthcare costs in retirement. They break down the advantages and limitations of these accounts, provide mental models for effective […]

Southwest Airlines Market Based Cash Balance Plan

by LEFP

Aug 6, 2024

SWA Market-Based Cash Balance Pension Plan (MBCBP) Tips and Techniques Below is an overview of the topics we cover in the video:• Market-Based Cash Balance Plan basics• Why do we love it? • How to max out the MBCBP • How to minimize your 401k spillover if you do not want more MBCBP. • How to use the […]

Planning for Your Long-Term Care Needs

by Charlie Mattingly

Jul 30, 2024

As a pilot, you may be very familiar with the life insurance and long-term disability coverage provided to you by your airline. However, one of the more overlooked aspects of financial planning is the need for long-term care (LTC), especially in our later years as health declines and we’re unable to care for ourselves. While […]

Live like a Multi-Millionaire Pilot: 7 Action Steps for Success

by LEFP

Jul 26, 2024

Dreaming of a multimillion dollar nest egg? Kevin Gormely, CFP®, CPA shares 7 practical actions pilots can take to significantly increase their chances of achieving financial freedom. Learn valuable tips like maximizing retirement contributions, understanding healthcare costs, and creating a strategic savings plan. The video is inspired by the wisdom of Charlie Munger, who emphasizes […]

Stop Budgeting and Change Your Spending Mindset!

by Charlie Mattingly

Jun 30, 2024

Of all the so-called sophisticated investment strategies that exist, I’m not sure any are as effective as building a solid foundation for how we spend our money.   The way we spend our money reflects our belief system and values. For example, if I value time together as a family and with kids, it may be […]

Is a Custom-Fit Financial Plan Right for You?

by LEFP

May 31, 2024

“The only sensible person is my tailor. He measures me anew each time he sees me.” ~George Bernard Shaw Author:  Robert Eklund   Our lives here in the good ole USA are as varied as ice cream flavors nowadays. (Think Ben & Jerry’s Marshmallow Sky or the tried-and-true Cherry Garcia). We all enjoy and prefer […]
1 2 3 4 … 7