Originally Posted by
Regularguy
OK here goes:
$250,000. isn't enough!
First after taxes the amount will be almost half that amount unless it is put into some financial vehicle.
Second why would one who has 1000+ hours sick list and already makes 100K + annually take that buy out in their last two years? They can work very little and still contribute to their 401K and receive full medical benefits.
Now if the amount equaled about $500K after taxes or some payable over a year or two then you might have something.
A one time $250K is not enough!
By financial vehicle, do you mean Lexus, Mercedes, or BMW? I've already heard of the poor, lost pension, over 60 Captains discussing what they'd buy with their retro check. That's weird, I'm sure they said they were staying to SAVE for retirement??
PIPE