Some very fine posts gentlemen. Nice to wake up to. Well done!
Personally, I would love to have the $3.5 oz asset base by age 60, from which I feel most families could live quite comfortably.
Sadly few of us will achieve that given the current financial climate. Asset portfolios and real estate investments are generally well down, and very uncertain these days. Time will tell.
For younger pilots, the above figure should be your goal, as time is on your side.
Once achieved, retirement becomes entirely feasible!
As we all know most pilots are terrible investors. However, we do have some very successful and savy investors in our group. Maybe the AOA could host reqular seminars to offer objective advise and broader insight. Pilots could share knowlege and compare what's out there. We could gain the kind of insight you wont find on your own, for fear of committing to an investment product you know little about.
Ring, Ring....Number Cruncher...