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Old 08-22-2019 | 03:14 PM
  #100  
jtf560
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Joined: May 2006
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Over half of the seniority list will likely retire over the next decade or so. Pilots are finally able to make money and save money to afford retirement. Many pilots who hung on forever or are still hanging on either lost pensions or were unable to save enough as the company didn't pay all that great for a lot of their careers. That has changed a bit now and those guys hired in their 30s in the late 90s/ early 2000s have been able to save for a while now and should be pouring in quite a bit now with the over 50 catch up (and company match) and with 1/3 of the FDP pay going into their 401Ks. Some will screw it up and hang on as long as they can, more will medical out well before they planned, and the majority should be able to have a good hunk of savings stashed to retire at a more normal/ reasonable age. All that said, it will still be a long upgrade, just not 13+ years like is is running now. I suppose it could get down to 5 years, but not for anyone hired anytime soon.

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