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TeenFlight Celebrates Milestone

It’s a rainy October evening at Pierce County-Thun Field (KPLU), a non-towered airport located approximately 40 miles south of Seattle. About an hour before sunset, a group of teens show up at Hangar Number 6 and immediately get to work.  These kids are part of TeenFlight and they’re building a Van’s Aircraft RV-12.  The program […]

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High Finances: Stocks or Savings?

We’ve decided that the returns a pilot can get by investing in things like stocks and mutual funds are far better than the meager interest rates paid by savings accounts. If the advantage of investing is so obvious, why do savings accounts even exist? The answer is simple: risk. Savings Security The U.S. government insures […]

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Taking Wing: Senior Airline Pilot Moments

It is a beautiful starlit night deep in the Bahamas’ Exuma Cays, warm and soft in the light caress of the easterly trades. I am sitting on a white-sand beach moodily lit by the flicker of a driftwood bonfire, sipping a dram of aged rum, and taking an occasional pull on an aromatic cigar. Piper […]

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High Finances: Wait, The B-1 is Like Investing?

How is the B-1 like investing? Let’s start with the backstory. The B-1A was an awesome jet designed to fly at Mach 2+ at high altitude before dropping its nukes. President Carter killed the program in the 1970s, but President Regan brought it back in the ‘80s as the B-1B. In the intervening years, Soviet […]

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High Finances: Welcome to the IRA Pylon Race

In a previous column, I asserted that all pilots need to maximize contributions to a Roth IRA each year. In this column, we’ll see why by examining three ways to invest $6,000: A taxable brokerage account. A Traditional IRA A Roth IRA We’ll assume all three cases invest these funds the same way: in a […]

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Every Pilot Needs a Roth IRA

Whether it’s mandatory retirement at age 65 for an airline pilot, or just that day when you can’t get a medical certificate any more, at some point, you’ll have to walk away from your high-paying aviation job. Ideally, that part of your life is a time for relaxation and family. However, you only get to […]

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Pilot in aircraft
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