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The Wealthy Pilot's Podcast: Financial Flight Controls for Today's Commercial Airline Pilots
Scott Osborn
Welcome to The Wealthy Pilot's Podcast: Financial Flight Controls for Today's Commercial Airline Pilots, where we navigate the skies of financial success with your host, Scott Osborn, The Pilot's Planner. Each episode, we soar through the challenges and opportunities unique to pilots, from debunking myths to mastering best practices in financial planning and investing. As demand for pilots reaches new heights, so too does the complexity of their financial landscapes. With Scott's expertise w ...
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Do Smart Investors Need a Financial Advisor?
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13:43If you’ve spent years successfully managing your own investments, do you really need a financial advisor? Scott works with a lot of highly skilled, intelligent professionals. So, for someone like this, is working with an advisor just an extra expense, or could it actually add real value? In this episode, we break down when and why even experienced …
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What Do Proposed Tariffs Mean For Your Portfolio?
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10:19The day President Trump took office, he announced plans to implement a 25 percent tariff on goods from Mexico and Canada. Additional tariff conversations have exploded since that day. How might this impact your personal finances and the economy? In this episode, we’ll take a closer look at the backstory of tariffs- what they are, why governments im…
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Money Questions Every Couple Needs To Discuss
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14:15Valentine’s season is all about love, but let’s be honest, money plays a huge role in any relationship. Whether you’ve been together for decades or are just starting out, financial stress can put a strain on even the strongest partnerships. So, how do you talk about money without killing the romance? In today’s episode, we’re looking at the questio…
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Need Cash Fast? The Best (and Worst) Ways for Pilots to Borrow Money
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9:10Whether it's for a home remodel, a major purchase, or just to cover unexpected expenses, where should you turn for cash when you need it? In today’s episode, Scott breaks down the three primary avenues for obtaining cash: 401(k) loans, Home Equity Lines of Credit (HELOCs), and personal loans. We’ll explore the pros and cons of each option and what …
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Should you own airline stock? With the airline industry experiencing a rollercoaster of performance this past year alone, it’s an interesting question to discuss. In this week’s episode, Scott and Marc explore the complexities of investing in airline stocks and how emotional biases can influence investment decisions. Here’s some of what we discuss …
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What Pilots Should Do With Their Profit-Sharing Bonus
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10:39Delta’s record-breaking $1.4 billion profit-sharing payout for 2024 has employees buzzing, with many set to receive an average of five weeks’ pay as their share. If you’re a pilot benefiting from this bonus, what’s the best way to put it to good use? Join Scott and Marc as they explore how to strike the right balance between celebration and strateg…
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Fiduciary Failure? Lessons From the American Airlines ESG Lawsuit
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9:32In this episode, Scott and Marc chat about a recent lawsuit filed by an American Airlines pilot, which challenged the integration of ESG criteria into the company’s 401k plans. This opens up a wider discussion about the importance of transparency and fiduciary responsibility in retirement planning. Listen in as Scott explains the difference between…
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Additional Places to Save Beyond Your 401(k) in 2025
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12:58We’ve all heard about the importance of contributing to a 401(k) for retirement. But is it really enough on its own? For some, maybe it is, but it’s always wise to explore other options and keep an open mind. In this episode, Scott dives into a range of strategies that could help you build wealth for retirement, from Roth IRAs and the "backdoor" Ro…
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Where Pilots Should Contribute Their Earnings In 2025
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11:34In this episode of the Wealthy Pilots Podcast, Scott Osborn breaks down where to contribute your money in 2025. Learn why diversifying your savings across Roth, tax-deferred, and taxable accounts can help you retire with more flexibility and fewer tax headaches. Discover simple tweaks that can make a big difference for your future—whether you’re ju…
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United Airlines Pilots Reject Their 2024 Contract?
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10:20In this episode of The Wealthy Pilot's Podcast, we discuss recent developments in market-based cash balance plans within the airline industry, focusing on United Airlines pilots’ rejection of their proposed 2024 contract. Scott and Marc break down how these unique retirement plans work and why pilots are concerned about their long-term financial be…
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What Fed Rate Cuts Could Mean for Your Finances in 2025
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11:54In 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 aggressiv…
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End of Year Financial Planning for Airline Pilots
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18:19As 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 mak…
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Protecting Your Finances During Airline Turmoil
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10:38In 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. With …
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Got A Side-Hustle? Make Sure You Learn About BOIR E-Filing
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12:23In 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? Join us as Scott breaks down th…
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Post-Election Check In: Talking TCJA, DOGE, Tariffs & More
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14:49Election 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 c…
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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…
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Do Elections Really Impact Your Investments?
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16:02Halloween 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. Here’s some of what we discuss in this episode: 0:00 – Intro 3:…
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Career Contingency Strategies for Pilots
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14:03In 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. Scott and Mar…
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Disability & Long-Term Care Planning for Pilots
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11:12As 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 adeq…
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Contingency Planning- Creating Your “When I Die” Plan
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13:54Having 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 havi…
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What Is Contingency Planning? (And Why It’s Important!)
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12:45In life, not everything goes according to plan. Whether you're flying a plane or managing your finances, unexpected challenges can arise at any moment. That’s why it’s so important to have a plan for when things go wrong. In today’s episode, we’re talking about contingency planning- what it is and why it’s important for your financial life. We'll e…
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Tax Prep Vs Tax Planning: What’s The Difference?
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11:25Most of us think about taxes once a year, around April 15th. We gather our documents, either to do it ourselves or hand them over to a CPA. This is tax preparation- looking back at the past year, compiling necessary forms, and filing your taxes. Tax planning, on the other hand, is a proactive strategy. It involves looking ahead and making decisions…
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What You Need To Know About Fed Rate Cuts (Sept 2024 Update!)
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14:23As of yesterday, the Federal Reserve announced a larger-than-expected interest rate cut of 50 basis points, surprising many who anticipated a smaller 25-point reduction. Scott has had several clients reach out to him about this unexpected move. So in today’s episode, we’ll talk about the implications of this decision, especially for those nearing r…
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If you’ve ever flown on a plane, you’ve likely experienced some turbulence along the way. While it’s an uncomfortable feeling, in most cases, it often doesn't significantly impact the overall journey. Similarly, market volatility is a natural part of investing, but it doesn’t have to derail your plan. Here’s some of what we discuss in this episode:…
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Tax planning might not be the most exciting topic, but it's certainly an important one. In this week’s episode, Scott and Marc chat about the differences between traditional 401ks and the increasingly popular Roth 401k when it comes to taxes. For pilots, the 401k is often the largest wealth-building tool, so it’s very important to understand how to…
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Understanding Interest Rates and Stock Investments
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10:56This week on the Wealthy Pilot’s Podcast, we’re focusing on interest rates and their impact on the stock and bond market. With recent fluctuations in the market and potential rate changes on the horizon, it's crucial to understand how these factors can affect your financial strategy, especially for those nearing retirement. Stay tuned as we break d…
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Election Cycles & Your Investments: What Pilots Need to Know
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10:24Election years can stir up uncertainty, especially in the financial markets. But how should pilots, with their unique financial situations, navigate this turbulence? Stay tuned as Scott and Marc dive into the effects of election cycles on investing, finance, and retirement planning. Here’s some of what we discuss in this episode: 0:00 – Intro 0:38 …
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Traditional vs. Roth IRA: What You Need To Know!
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10:38Many people default to Traditional IRAs or 401(k) plans simply because it's the path of least resistance. But is this always the best strategy for your long-term financial picture? In this week’s episode, Scott will cover the differences between traditional and Roth IRAs. Stay tuned as he helps you understand the basics and breaks down some of the …
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This week on The Wealthy Pilots Podcast, we're diving into one of the key components of a solid financial strategy: investing. We'll be discussing the unique challenges and opportunities pilots face when it comes to managing their investments and more with Scott Osborn, the Pilot’s Planner. Here’s some of what we discuss in this episode: 0:00 – Int…
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Have you ever heard of the financial red zone? This is the crucial window spanning the last ten years before retirement and the first five years after. Mistakes made during this period can have long-lasting repercussions, potentially derailing your retirement plans. Tune in as Scott explains why this 15-year period is so critical and shares valuabl…
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Welcome To The Wealthy Pilot's Podcast!
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11:28Welcome to The Wealthy Pilot’s Podcast with Scott Osborn, a seasoned retirement coach at Patriot Wealth Planners and an esteemed 18-year Army veteran. Working closely with pilots from various backgrounds, Scott understands the unique challenges they face. His mission is to help pilots navigate challenges, avoid common mistakes, and adopt best pract…
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8’s on Pylons vs Turns Around a Point
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18:49What is the difference between 8’s on pylons and turns around a point?Bởi Commercial Pilot Podcast by MzeroA.com
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In this episode, Jason presents questions that you will find on your Commercial Pilot check ride.Bởi Commercial Pilot Podcast by MzeroA.com
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How does a cargo door bring down two different aircraft?Bởi Commercial Pilot Podcast by MzeroA.com
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What are some easy ways you can improve your pilot resume?Bởi Commercial Pilot Podcast by MzeroA.com
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The Right Way to Earn your Commercial Pilot Certificate
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12:03Jason explores the different paths to earning your Commercial Pilot CertificateBởi Commercial Pilot Podcast by MzeroA.com
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A little dive into 14CFR §91.119.Bởi Commercial Pilot Podcast by MzeroA.com
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What were some of my first jobs in aviation?Bởi Commercial Pilot Podcast by MzeroA.com
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We talk about this idea of Mastery. What does that really mean?Bởi Commercial Pilot Podcast by MzeroA.com
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How can we as Commercial Pilots get a better understanding of our systems?Bởi Commercial Pilot Podcast by MzeroA.com
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Basic Radio Communications Flying With Family and Friends
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16:49Jason and Magda talk about things your passengers can do to help you as a pilot during a flight.Bởi Commercial Pilot Podcast by MzeroA.com
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Join Jason as he answers some questions that will probably be part of your checkride oral exam…Bởi Commercial Pilot Podcast by MzeroA.com
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It’s not an emergency if you’re ready for it…Bởi Commercial Pilot Podcast by MzeroA.com
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As a commercial pilot we’re expected to not only perform many private pilot maneuvers at a higher level we’re also expected to perform our new commercial pilot flight maneuvers at that same standardBởi Commercial Pilot Podcast by MzeroA.com
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In the video for YouTube I had to leave so much out to avoid the video being an hour long. Today I’m using the Commercial Pilot podcast to expand on some key facts and learning principles in the worst aviation disaster prior to September 11th.Bởi Commercial Pilot Podcast by MzeroA.com
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How can we better plan our commercial long VFR solo cross country?Bởi Commercial Pilot Podcast by MzeroA.com
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Improving Commercial Flight Maneuvers
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14:24What are some easy ways to better our commercial flight maneuvers?Bởi Commercial Pilot Podcast by MzeroA.com
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I’ve always taught not to flare on landing…Bởi Commercial Pilot Podcast by MzeroA.com
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3 tips to improve your landings.Bởi Commercial Pilot Podcast by MzeroA.com
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IFR Personal Minimums When Flying Commercial
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11:39How do you set your personal minimums when you are flying commercially?Bởi Commercial Pilot Podcast by MzeroA.com
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