Originally Posted by
Adelphos
Do you foresee being able to earn 600K points annually for the next 5-10 years? We usually say “earn and burn,” but in your situation, consider accruing them for a special family trip when the kids get older. Millions of points can make it happen.
They can make that happen, but do you get a better value (compared to what Schwab would give you now) years down the road after years of devaluations and potentially with the mindset of “it’s hard to look for five saver awards, and I am sitting on X million points, so I don’t need to look for the best redemptions, so 300,000 Delta J seats, here we come!”
With an earnings rate of 600,000 per year I would certainly make burning part of my strategy now.
And it’s not an all or nothing situation. OP could keep a strategic reserve of (for example) 1.5 million points and redeem the rest.