View Single Post
Old 07-11-2018 | 10:35 AM
  #29  
ExAF's Avatar
ExAF
Get's Every Day Off
Veteran: Air Force
15 Years
100 Countries Visited
 
Joined: Oct 2006
Posts: 1,864
Likes: 0
From: Retired
Default

Originally Posted by Spudhauler
Never suggested that your post didn't matter. It matters just as much as mine does. My perspective is that we all get an equal percentage increase to the DC plan in C2019. Not sure how that could be considered divisive. Also, a simple TVM calculator that I just looked at shows that if 13 years ago, when our pension got terminated, a pilot began throwing 3 grand a month into an S and P fund, they'd be sitting on more than 770K right now. That would help an awful lot as one heads into retirement. It is a simple reality that we are responsible for our own financial well being. It sucks that the pensions are gone, but gone they are, so we need to adjust our lifestyles in order to compensate. To suggest otherwise is to avoid facts.
I really didn't want to get involved in this thread, but the blue bolded above made my antennae perk up. You do know it's a little hard to put 3K a month into a S or P fund when you are furloughed, right?
Reply