Old 02-26-2014 | 08:22 AM
  #543  
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Chris99
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Joined: Jan 2007
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From: B717 CA
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Originally Posted by ghilis101
eh. now that people have B funds and 401k's, and in the event of BK that money is yours to keep, you wont see people desparate to stay til 70 because they lost their pensions, like what happened this past decade. Those of us who are coming into the industry knowing we don't have a pension, but instead have defined contributions, will hopefully be able to escape by age 60 to 65. If you want to fly to 70 "for the fun of it," well, that's great. but essentially it would be like working for free, and then dying. haha.
Many of the 65-70+ year old people I've flown with already have TWO retirements under their belt and are collecting money from both. Maybe they like the paycheck, maybe they don't have anything else better to do, or maybe they want to get away from their wives as much as possible. I don't know. I hope to retire before I'm 60.
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