On this episode:
Having both an “if I die young” and a “when I die” plan is something we all need. In this week’s episode of the Wealthy Pilots Podcast, Scott and Marc discuss an often avoided but essential topic: contingency planning. While it might not be the most enjoyable conversation, it’s one that can’t be ignored.
Tune in as we discuss the importance of having a comprehensive strategy in place, particularly for pilots and families with young children. From determining the right life insurance coverage to preparing a “when I die” binder, we’ll share tips to make things easier for your loved ones in case of an unexpected event.
Don’t wait until it’s too late- take proactive steps today to ensure your family is cared for and equipped to handle the future, no matter what it might bring.
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Here’s some of what we discuss in this episode:
0:00 – Intro
1:30 – The “If I die young” plan
4:28 – Getting a plan in motion
6:52 – The “When I die” plan
9:58 – When you don’t have a plan
Resources:
Scott’s Book, A Pilot’s Guide To Maximizing Wealth & Cashflow In Retirement