Originally Posted by
m3113n1a1
So you're 4k short of what you should be being paid. So you need 1.2 million in your 401k to theoretically safely withdraw 48k a year to supplement your pension. This should be achievable for most pilots since bankruptcy right?
However, I think that 7800 a month is still a bit low for people who have been making 250k+ for the last few years!
Edit: tennisguru beat me to it
True but, at that time, his/her major debts should be payed off. So 93k + social security + savings, should be enough for a comfortable life.
Retirement is another phase of life. And like everything on life, one must adjust to it.