I'm just wondering what all those pilots who retire at 65 are going to do with all that money they've saved? (At least a few are going to leave their kids money so THEY won't have to work). Chances are they aren't going to be around much more than a couple of years after they retire (if that long). CAL's pilots retirement fund starts evaporating after age 62, so the pilots who stay after that will incur automatic pay cuts to hang around. Personally I can't see why so many weren't ready for age 60. If they were smart they would've started saving for retirement when they got hired, not when they were 58. A friend of mine once told me that if I didn't have anything put away for retirement, then I had no one to blame but MYSELF. I'm not depending on ANYONE, especially an airline, for my retirement. If the money is there when I retire, great, but if it's not, well, I'll still retire anyway and live off of what I have saved. This stuff about "oh, I love to fly so much" is a bunch of BS. Go buy a plane and let someone else have a career.