INSANE??????Ace-of-the-Base said:You guys are all insane! GVflyer, I make those numbers too, but not everyone does. Average out your salary for the past 20 years, actually, draw a line chart. You'll see that our salaries have risen sharply in the past few years. But not everyone's has. Why do I think you're all insane? Because anything north of 100K is plenty of dough. Yes, I make almost double that and don't want to give a penny back, but c'mon, look what a teacher, a doctor, a nurse makes. We're well paid, even overpaid at times (speaking for myself). I like what I make, but I know plenty of happy pilots supporting their families, loving their boss and their coworkers and flying a IV for 95K per year. Bottom line: make your best deal, fly a great airplane for a great company and be satisfied. Don't try to keep up with the Jones's.
Ace
"$100k plenty of dough", What are you kidding me? FYI, many Teachers, Cops, Nurses, Attorneys, and other occupations make $100k or more in the NY/NJ/CT area. Why because they have to keep up with the cost of living in the area. Your comment about Doctors is just ludicrous. Now how many of us "Professional Pilots" have a defined benefit plan such as those teachers and cops? Not many in this day and age. And what about the guys working for management companies? You won't see many of them with perks such as stock options, qtrly bonuses, etc.
You may know plenty of people flying a G-IV for $95k but I guarantee you they don't live within a 2 hr drive of TEB/HPN/FRG/MMU/BDL.
Try finding a house in the greater tri-satate area for under $500k!! I'm not talking a palace either, a 3-4 bdr house averaging 25 to 30 yrs old with taxes up the ying yang typically starts in the high $450k+ range but if you want anything near new it'll bump you north of $600k nowaday. Thats about $3500/mo just to cover the housing nut not to mention car payments, (I drive a dodge thank you), insurance, yada yada bills, college funds and the like. Guess how much is left over from that extravagant $100k for a self funded (401k) retirement plan? ZIP, ZERO, NADA!!!!!!!!
I don't want/need the Jones' stuff but theres no way I'm going upside down each month in my finances just so I can keep the boss happy. If he can afford to own the plane he can afford to pay a living wage in the area which its based.
But hey lets not be greedy.
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