The Wealthy Pilot's Podcast: Financial Flight Controls for Today's Commercial Airline Pilots

3 Mistakes Pilots Make with Their 401k

• Scott Osborn

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0:00 | 14:28

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Your 401(k) is likely the largest financial asset you’re building, but that doesn’t mean it’s set up the right way. Scott walks through three common mistakes pilots make that can quietly impact long-term results. This conversation is about making a few key adjustments that can keep your plan aligned with where you’re headed. Getting this right isn’t complicated, but it does require intention.

Here’s some of what we discuss in this episode:

⚠️ Default Trap: Target-date funds may hold you back

🎯 Lack of Strategy: Contributions should evolve over time

💸 Missed Efficiency: Tax planning impacts long-term results

🧩 Bigger Picture: One account isn’t a full plan

📈 Small Tweaks: Minor changes can drive major outcomes

Resources:

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