Mamma
Well-known member
- Joined
- Mar 29, 2005
- Posts
- 2,802
Are you out of touch with the world or what?
Every single working pilot and those who will choose this career, eventually, benefit from the age change. Young pilots don't think about retiring but eventually they will all be grateful to have the option of working 5 more years and adding what might be much needed cash to their 401k plans or their kid's college funds. Nowadays, college costs $100K to $200K and those kinds of expenses usually come up right when a parent is in their 50's. And, of course, there are practically no more guaranteed pensions, so most everyone who works for an airline only has what has been put away in a 401k type program.
You should all know that nobody knows their financial situation into the future. No matter how much you plan, possibly there will be illness in the family or an accident that drains hundreds of thousands of dollars that insurance won't cover, or a divorce or two, or college for 4 or more children, or a stock market crash or possibly just bad investments. Possibly your children will dream of being a pilot like you, so you will want to help them with that $100K expense, plus college is now another $100K or more. If you have girls there are weddings to pay for and when they leave the house you will want to help your children to help them make a down payment a house, if you can. All of these things usually come up right while you are 50 to 60 or older. Of course, if you are one of the few that has no children and none of the above problems, yes, then you can quit flying anytime you wish. Others, are not like that though, they need to keep earning an income. For most pilots, airline flying is the only thing they know well.
So now you say, "Nobody here benefited from age 65." Are you too young or whatever to understand what I have said here or what? Every pilot benefits from the options that the Age-65 rule change provides.
Thanks for the life lesson gramps but I think you missed the boat again.
First, thanks to your generation I can forecast much of my future because I was stagnated/furloughed for over 6 years. I will have to bust my ass twice as hard to try and recoup the windfall the geezers got. I will have to take an early upgrade out of domicile and commute for years to fly red eyes and other crap nobody in their right mind would want. And I won't come close to breaking even. I might have to diminish my later years by working longer so I can retire. Thanks for that. In addition, no generation of pilots have flown as much and as high as the pilots today. 90 hour block months, red-eyes and all sorts of crap that pilots of the past didn't do. I expect to see much more cancer, diabetes and hypertension from this brutal lifestyle. Making it to 65 will be a pipe dream for most in my opinion.
What you are too dense to realize is there is no such thing as a free lunch. Somebody had to pay for this "great deal" as you call it and it was pad for by me and thousands of others so well established captains and guys not even on property (those being hired today) could benefit. Somebody had to pay for this gramps and if you paid the f'k attention you would see most of the 15 guys that frequent this forum fall into that group. That is who I meant when I said nobody "HERE" benefitted. We lost. We bought the lunch. We will never recover from this. So please quit dropping in and rubbing our noses in it.