incredible........
Anybody who would put all their retirement eggs in one basket (A and B Fund) at ANY time before or after 9/11 is retarded. That being said - never live beyond your means no matter WHAT your seniority or wage.
Just seems that some want a do-over since they did not head the above warnings.
Sorry but that is life and they should get out of the left seat and readjust their expectations of retirement (Accord instead of BMW)
BUT
That being said......the FAA will change the rule anyways and we lil know-it-all RJ punks will have to adjust.
But that is ok because I KNOW life isn't fair and I seek NO second chance at the money till..
Man, you really dont get it, or just plain dont give a shyte!
the last thing any of these poor airmen need is an investment lesson from the likes of a young puke who's feet isnt big enough yet to fill one shoe of a 30yr career let alone walk a mile in them.
You think people are asking for a do over? wow i havent heard that term since my college days partying and chugging beers! cute contribution, has the no payment term expired on your school loan yet or you still have time to go before you start paying it back?
I think people are just asking for reasonable time to try and make up some lost wages. regardless of management, the tooth fairy or ALPA or whoever trashed it, some guys had no say and they are just trying to get some back while they still are mentally and physically able.
now if someone was living beyond their means, then they are now reaping what they sowed, i dont advocate living beyond your means, but that is besides the point, a careers savings was lost at one of the worst times for them.
but like you said: sorry that is life, it isnt fair, so if you tell them to get out of the left seat and readjust their expectations of retirement, then i say to you : quit your flying job. go enlist and serve a tour or two in Iraq. come back fly banners, then fly checks, hop back into a prop, follow that with a jet and then if you are lucky into a Boeing or Airbus. fly coast to coast, fly to an island south of Lat 20N, fly across an ocean, start a family, become a dad all the while keeping your career going as well as your marriage, by then you will have some hair down below, some wrinkles from shooting approaches after flying across multiple time zones and some wisdom to replace that mouth of yours.....and then maybe you might have a clue, you might come to the conclusion that it isnt all about money and do overs! some might actually love what they do.
i feel compelled to share another little tidbit of incredible insight and wisdom with everyone that might shed some another viewpoint on this topic.
as antoine de saint exupery said:
"If i summon up those memories that have left me with an enduring savor, if i draw up the balance sheet of the hours in my life that have truly counted, surely I find those that no wealth could have procured me".
Some people just love what they do.