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Contingency Planning- Creating Your “When I Die” Plan
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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.
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:
Schedule A Call with Scott: http://callosborn.com/
Scott's Book, A Pilot's Guide To Maximizing Wealth & Cashflow In Retirement: https://amzn.to/3xSn1ii
The Pilot's Planner Website: https://thepilotsplanner.com/
Watch the podcast on YouTube! https://www.youtube.com/@ThePilotsPlanner
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