5 IMPORTANT TYPES OF INSURANCE AND WHAT THEY COVER

Posted by Sally Jilek, CLTC®
On April 24, 2019

As financial planners, the RAA team spends a lot of time thinking about and preparing to help our clients with the unknowns in life. What happens if the Fed raises rates? What happens if a client develops a chronic medical condition, or becomes disabled and isn’t able to work? By thinking about and planning for […]

FIDELITY BROKERAGELINK®: PROFESSIONAL MANAGEMENT IS NOW AVAILABLE FOR YOUR FEDEX 401(K)

Posted by Michael Kane, CFP®
On February 21, 2019

As a FedEx pilot, you are now able to view and manage your Pilots Retirement Savings Plan (PRSP) at Fidelity. You also now have access to professional investment management for your PRSP/401(k) account through Fidelity BrokerageLink® (BL). WHAT IS BROKERAGELINK®? The PRSP is a critical piece of your retirement plan, and it’s essential for your […]

FINDING A COPILOT FOR FINANCIAL ADVICE

Posted by Michael Kane, CFP®
On October 18, 2018

For the last 30 years, RAA has been focused on serving the financial needs of airline pilots and their families. A part of this commitment requires us to continually understand how pilots are utilizing financial advice, how satisfied pilots are with the support they receive, and what value pilots are gaining from the relationship with […]

HOW MUCH IS ENOUGH FOR RETIREMENT?

Posted by Robert Gecker, CRPC®
On September 10, 2018

“How much is enough” is one of the biggest questions that you will face during your final years in the workforce. Do you need $1 million to live the retired life you dream of? $2 million? $3 million? The short answer is that everyone’s amount will be a bit different. In this article, we explore […]

MARKET HEADLINES ARE NOT A FINANCIAL PLAN

Posted by Fred Kneib, AIF®
On July 23, 2018

A recent study by Dalbar showed that during the 20-year period ending in 2017, the S&P 500 index averaged a 7.20% annual return while the average equity fund investor captured 5.29% over the same time period1. In the investment world, this 1.91% difference between investment returns and investor returns is called the “behavior gap.” Understandably, […]

4 TIPS FOR YOUR TRANSITION FROM THE RIGHT SEAT TO THE LEFT SEAT

Posted by Gary Krasnov, AIF®, CLTC®
On May 7, 2018

Unlike like most professionals, pilots typically experience one big promotion during their flying career: the move from First Officer to Captain. This will be an exciting time in your life and one which should be enjoyed, but this upgrade also provides many personal, professional, and financial changes for you to consider. With this in mind, […]

THE OPPORTUNITY COST OF DOING NOTHING WITH YOUR FINANCIAL PLAN

Posted by Brad Bridgewater
On March 17, 2017

Opportunity cost is defined as “the loss of potential gain from other alternatives when one alternative is chosen.” In the business world, “the cost of doing nothing” is a commonly used phrase relating to hiring practices, customer service, marketing strategies, or financial decisions. Economists have attempted to quantify this cost in a variety of situations. […]

ON THE ARRIVAL: THINKING ABOUT RETIREMENT WELL BEFORE RETIREMENT

Posted by Jeff Baumert, AIF®, CIMA®
On March 3, 2017

You’ve worked hard and logged tens of thousands of hours transiting the globe. Along the way, you’ve deftly handled a handful of minor emergencies, and perhaps even one or two that left your knees weak. You’ve smiled and waved at thousands of satisfied passengers as they safely departed to the next stage of their travels. […]