TIMGT can help guide you along the path to — and through — retirement. No matter where you are in life, we provide guidance, tools, and services to help you prepare for retirement on your terms. Our expertise extends to tailoring plans for unique needs, whether you’re exploring the flight attendant retirement plan or crafting a strategy for an airline pilot retirement plan.
Engage in retirement planning for pilots and flight attendants with TIMGT, where our approach mirrors the meticulous preparation you’re familiar with from your aviation career. A financial planning simulation is just the same as what you and other pilots have done in your aviation career. Engage in retirement planning for pilots and flight attendants with TIMGT, where our approach mirrors the meticulous preparation you’re familiar with from your aviation career. In aviation, you have flight plans, objectives, backup plans, checklists, electronic guidance, simulations, tracking devices, and long term goals. The financial simulations are not much different. But instead of talking and learning about various situations you might encounter while in the air, we talk and learn about situations you might encounter while you’re enjoying retirement.
Easy to understand example: a flight simulator.
You get into the simulator and they put you in situations which can simulate many situations: good, bad and ugly. The crew reviews those situations and makes sure they understand how to handle them and if they do, the crew gets a pass on the ride.
The financial simulator is exactly the same. You and TimGT (the crew) put in your specific financial information into the simulator which can simulate many situations good, bad and ugly. We then review the results. If your financial goals and plans are able to handle these situations presented by the simulator, the plan and crew gets a pass on the ride (you do not run out of money).
The next statement is very important: The financial simulator runs 1000 life episodes for you. One simulator ride is not enough to be confident that your goals and aspirations can be achieved. So 1000 different lives are created and tested.
First we gather all of your financial data. This means savings accounts, real estate you own, retirement accounts, 401k’s, etc.
Next, we look at how much you want to spend during your retirement. If you want to travel the world, your plan will have to be different from someone who wants to play golf.
We can put this information together online or on paper. The most important thing is that you’re honest with yourself and the crew about how you see your ideal retirement going.
We run the plan through the financial simulator. The simulator we use is called Money Guide Pro. This simulator looks at a many different situations that could possibly happen and it lets us know if our plan would get a pass on the ride (not run out of money).
The final review is done on the Internet/Skype in the comfort of your home. A face-to-face is also possible. There is no paper. Your copy is located on a secure server in the cloud, is updated daily and can be accessed on any mobile, tablet, or desktop device when YOU want it.
Absolutely! Just like the flight simulator, it can produce numerous plan variations. So, if you want to fly less after you turn 60, we can look at how many trips you would need to fly to have our plan get a pass. We can show you what your retirement would look like if you retire at age 62 or 64. If you have particular considerations, we can incorporate specific considerations related to airline pilot retirement plans into the simulation. Lastly, if your ideal retirement will not be achieved by age 65, we can show you how things would look if you took another job after your pilot career has ended.
If you have particular considerations, we can incorporate specific considerations related to airline pilot retirement plans & flight attendants into the simulation. Lastly, if your ideal retirement will not be achieved by age 65, we can show you how things would look if you took another job after your pilot career has ended.
We look at what the plan tells us our most likely chance for success is, and then we build a fully integrated financial life plan that pulls everything together for you and your family. This includes ensuring airline pilot retirement plans align with career choices and aspirations.
This includes ensuring airline pilot retirement plans & flight attendants retirement plans align with career choices and aspirations.
Just like when you are in the flight simulator, every year new situations might arise. The great part about taking this approach is that we can simply change your plan based on these unexpected events and re-run them through the financial simulator to make sure the new plan also gets a pass on the ride. Whether it’s adjustments related to the airline pilot retirement plans & flight attendant retirement plan or unforeseen circumstances, our dynamic simulation ensures your financial strategy remains on course.
Whether it’s adjustments related to the flight attendant retirement plan or unforeseen circumstances, our dynamic simulation ensures your financial strategy remains on course.
Whether it’s adjustments related to the airline pilot retirement plans & flight attendant retirement plan or unforeseen circumstances, our dynamic simulation ensures your financial strategy remains on course.
As often as you wish; but we will be reviewing it with you at least annually. Think of this yearly update like the ILS. As you intercept centerline you usually have a wide beam and you start correcting as necessary. Then you hit the FAF and corrections are tighter as you start getting more precise. After the FAF, the HUD comes into play and you are now getting very precise with course and glide path.
Finally, you are over the approach lights and because of all your corrections, you will make your touchdown point. In this case, it is your retirement date and the mile points are years of your life. With our simple and effective financial simulator, which considers factors like the airline pilot retirement plans & flight attendant retirement plan, you can confidently reach your financial and life goals.
With our simple and effective financial simulator, which considers factors like the airline pilot retirement plans & flight attendant retirement plan, you can confidently reach your financial and life goals.
The cost is included in your annual Premier management fee. If you are not a Premier client and would like a plan prepared, not a problem. Give us a call to discuss.
Give one of our advisors a call to get started!
Congratulations on taking the next step to financial independence!
The first leg of the stool is Social security.
The second leg is your employer’s retirement plan.
The third leg is your personal savings.
How much you depend on the third leg depends on the strength of the other two.
The strength of each leg may change, and then you’ll need a new plan of action to reinforce the retirement stool.
Would you like a more in-depth look at the market this week? Our Weekly Market Update provides a recap of the trading week in an easy-to-understand engaging video. Learn more about your money — with a little help from Todd Foster – our CEO.
