Originally Posted by
sailingfun
Just curious at what point you will start to enjoy what you are earning. I have known many savers who saved right up until they died or were to old to enjoy what they had saved for. I put away what is needed for retirement but freely enjoy the rest. I spent a ton of money when my kids were at home on great vacations ect.. Never regretted any of that spending. Not really into saving for big things when I am old and in a wheelchair.
Oh, I'm not above enjoyment. I've owned planes, boats and have a very nice car that isn't driven in winter. I also have mid 7 figures in investments and zero debt. The point is that should the house come tumbling down here (or the debt ridden pilots gut it further
), I don't plan to be among the sobbing casualties, that's all.
American Airlines (or ANY airline) is a risky financial lifeboat and considering this pilot group, especially so. By 2020, I'll be comfortable with my financial situation enough to give Doug whatever he desires for a few extra bucks of gravy, because it will ALL be gravy at that point. I plan to coast then, sit back and enjoy the next silly contract show with no worries at all. Right now, most AA pilots are financially intoxicated and are oblivious that this industry can change for the worse..........much worse overnight. But hey........if pilots were not so myopic and short-sighted, well.......they wouldnt be airline pilots in the first place !
