You want a retirement debate?

I'd like to have $3M in my own name like American had before it changed recently. Good on them. Those guys bailed like rats on a sinking ship when their plan changed.

You want to discuss fNWA frozen DB plans? Or the run on the fDelta DB? That is all a very long discussion. I think our former contract screwed us and we should have had retirement in our own name since I was hired. Like American. Didn't happen.

Again, this could go on for pages. Some say (people smarter than me like the former R&I chairmen) that if you took your MPPP, your note money, Roth rollover legislation, invested wisely (everyone is "wise" the last six years) and add it to your PBGC - it's a wash. The one good thing about a DB is it prevents dummies from being dumb with their retirement money - which some people obviously have been. I don't think it's a good thing that USA has drifted away from DB's in general.

But I did read an article that said if you just leave your money in a target date retirement fund, like 2050, or what whatever your retirement day is, and don't mess with it, you'll do just fine. And that's what many people are sucessfully doing. However, with interest rates super low and heading up at some point, bonds will really hurt someone in a 2020 retirement date fund, at this point in time.

So, our retirement is now directed by us and most people are not great investors. But that's where we all are now.

But how was the rest of the American contract strategy?

And would you prefer to be at American - on balance? Sorry. More questions.