Actually, I invested heavily in the market after it crashed with what little cash I had, taking a home equity loan.
LITTLE CASH YOU HAD???? WTF did you do with the several hundred thousand dollars of bond money you were handed? How much of your 777 captain pay did you bank during the
more than six years you worked post-9/11????
As a result, I'm not on Food Stamps or any other government assistance at this time, except PBGC, Social Security and Medicare. My cars are old, both with 150,000+ miles and I'm planeless; but, I get along. The only toy I have is a motorcycle. I'm not asking anyone to feel sorry for me as I now have all I need.
Are you serious? You came on here, claiming that you were on food stamps!
YOU WANT PEOPLE TO FEEL SORRY FOR YOU.
I'm going to let you in on a little secret. EVERYONE has bad things happen in their lives. I was furloughed for almost 8 years. And that's not even close to the worst thing that's happened in my life. I lived well below my means and built a small fortune. Still, not something bad in my life.
I've got cancer right now; already had an operation and am waiting on radiation therapy. Odds are good that I'll fully recover and fly again. My wife's classified as a wounded warrior due to injuries in Iraq and is undergoing Medical Evaluation Board where she will either be medically retired from the Air Force or separated without retirement. She will not be able to work in the civilian world due to her injuries. I have to help her get dressed and undressed daily.
But I'm sure as he!! not going to cry about what's happened to us; everyone gets a pile of feces dumped on their doorsteps during their lives. My wife and I consider ourselves blessed in that we have each other. To read your constant whining makes me want to vomit. You're one of the biggest lying crybabies I've ever heard of.
Now here's the bottom line, Allan, your financial problems are ENTIRELY your fault. You were handed more money in a single lump sum when UAL emerged from bankruptcy than most people save in their lifetimes. You had another 6 years to stash away most of your salary for retirement. But you did none of that. You continued to own two airplanes and assorted other toys, ignoring the fact that you would be mandatorily retired in December 2007.
Yes, I have had good fortune since my retirement, but did the pilots who were forced to retire at age-60 get the shaft? Yes, of course they did. I hear of and meet many retired pilots who barely exist financially on account of past divorces, medical issues, and other problems, such as bad investments in UAL stock before it crashed. Those pilots really needed to work 5 more years and many of you will too for whatever reasons or the same reasons; but, that''s the way it was and now that great wrong has been corrected, no thanks to the Union that I and so many other paid so much to support.
I hope the "Get out of my Seat" crowd will enjoy the new opportunity that's now part of their career: Retire early or work 5 extra years. What a great and progressive change. BTW, have you noticed that practically no one retires at age 60. I guess they all want to continue flying, something the "get out of my seat" crowd will mostly all do too. Yes, I know there are a few loud mouths here on FI, some who are junior, who say they will retire at 60, I call that pure BS. Does anyone think a pilot who has just reached his goal of flying captain, is finally making the big money, will quit then, no matter how much money he has? I doubt it.
I love you all, enjoy your careers and the choices you now have, no thanks to your union.
Yep, it's everyone else's fault. It's the union's fault. It's the 'get out of my seat' crowd's fault.
It's never the idiot who pissed away every dime they earned's fault. No, they're the victim. Victim of being too stupid to understand that you need to save for retirement and not count on any single source of funds. And any airline pilot who's been in this business over the last 60 years has seen more pilots lose their retirements than collect them. Allan, are you really stupid enough to think that what happened to the Pan Am, Eastern, Transamerica, Braniff, Frontier and many other airline pilots couldn't possibly happen to you as a United pilot? If so, just admit/write that you're a very stupid idiot who is entirely at fault for your current financial misfortunes.
I spend time with wounded warriors daily who have lost limbs and are more grateful for everything that's happened in their lives than you. You just want to throw pity parties for yourself. How about you do us all a favor and throw yourself a pity party while you clean some firearms?