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Don't be so sure. Numbers don't lie. Add up all the 121 retirements in the next 5 years. Try and fill those spots with new commercial/cfi tickets being issued by the FAA. You come up way short every time. What does that mean? It's called the law of supply and demand. The demand for qualified pilots will reach critical mass shortly resulting in increased compensation. That's how it works. It's not rocket science. It's simple addition and subtraction.
I think that's pretty decent pay.