About Walter Storholt

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So far Walter Storholt has created 21 blog entries.

What Fed Rate Cuts Could Mean for Your Finances in 2025

In this episode of The Wealthy Pilot’s Podcast, Scott and Marc break down the latest Federal Reserve rate cuts and explore what they mean for the economy, businesses, and financial planning. With interest rates on the decline, they discuss how this could impact mortgage affordability in 2025 and why large companies are likely to make more aggressive investments. They also dive into the potential opportunities these rate cuts present for investors.

By |2024-12-19T21:24:56+00:00December 19, 2024|Podcast|0 Comments

End of Year Financial Planning for Airline Pilots

As the year draws to a close, it's the perfect time to take a step back and review your financial planning. In this episode, Scott discusses important year-end strategies to help you optimize your finances before December 31. He covers key topics like Roth conversions, tax loss harvesting, HSA contributions, and other essential tasks that could make a big impact on your financial situation.

By |2024-12-12T14:09:39+00:00December 12, 2024|Podcast|0 Comments

Protecting Your Finances During Airline Turmoil

In this episode of The Wealthy Pilots Podcast, Marc and Scott dive into the current state of the airline industry and chat about both the challenges and successes some airlines are facing. From record travel numbers to struggling airlines like JetBlue and Spirit, they discuss how rising fuel costs and labor issues are affecting profitability.

By |2024-12-04T21:02:37+00:00December 5, 2024|Podcast|Comments Off on Protecting Your Finances During Airline Turmoil

Got A Side-Hustle? Make Sure You Learn About BOIR E-Filing

In Scott’s line of work, it’s common to see pilots who are juggling a side hustle or business. That’s why this week, we’re diving into the Beneficial Ownership Information Report (BOIR), part of the Corporate Transparency Act (CTA). What is it, why does it matter, and how does it impact pilots and their side hustles?

By |2024-11-21T16:25:54+00:00November 21, 2024|Podcast|Comments Off on Got A Side-Hustle? Make Sure You Learn About BOIR E-Filing

Post-Election Check In: Talking TCJA, DOGE, Tariffs & More

Election season has finally come to a close and we’re turning our focus to the potential impacts on the economy and financial planning in the coming years. While many of the proposed changes are still in the early stages and subject to change, today’s episode dives into some of the major topics that could shape 2025 and beyond. From tax policy to corporate strategies, it’s time to start thinking ahead.

By |2024-11-14T19:06:46+00:00November 14, 2024|Podcast|Comments Off on Post-Election Check In: Talking TCJA, DOGE, Tariffs & More

What Elections Mean For Taxes

Election week 2024 is upon us, so today, we’re taking a close look at what political shifts could mean for taxes and your overall financial strategy. With the national debt skyrocketing to $36 trillion, the results of this election could significantly influence future tax policies. Join us as we explore the differing approaches to taxation from the two major political parties and how these changes might shape the economic landscape in the years ahead.

By |2024-11-04T18:46:39+00:00November 7, 2024|Podcast|Comments Off on What Elections Mean For Taxes

Do Elections Really Impact Your Investments?

Halloween isn't the only thing spooking people this week. With the election just days away, many investors are wondering how this season will impact their portfolios. So in today’s episode, we’re going to spend some time talking about the impact of political shifts on the stock market.

By |2024-10-30T01:23:03+00:00October 31, 2024|Podcast|Comments Off on Do Elections Really Impact Your Investments?

Career Contingency Strategies for Pilots

In the world of aviation, pilots are trained to handle unexpected challenges like turbulent weather or technical malfunctions. Yet, one area that often gets overlooked is planning for potential setbacks in their own careers. In today’s episode, we’re discussing strategies to help pilots stay prepared for unexpected career disruptions.

By |2024-10-22T15:08:37+00:00October 24, 2024|Podcast|Comments Off on Career Contingency Strategies for Pilots

Disability & Long-Term Care Planning for Pilots

As we continue our discussion on contingency planning, today's focus shifts to disability and long-term care. Disability insurance is a vital component of a pilot's financial strategy. Given the unique nature of their profession, pilots face specific risks that can impact their ability to work. It’s important for them to ensure their income is adequately protected, especially in the event of unforeseen circumstances.

By |2024-10-17T15:23:44+00:00October 17, 2024|Podcast|Comments Off on Disability & Long-Term Care Planning for Pilots

Contingency Planning- Creating Your “When I Die” Plan

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.

By |2024-10-10T12:02:58+00:00October 10, 2024|Podcast|Comments Off on Contingency Planning- Creating Your “When I Die” Plan
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