Old 10-17-2021, 01:24 PM
  #36  
DontLookDown
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Joined APC: Feb 2019
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Originally Posted by VegasChris View Post
The 2-3 million more in lifetime earnings is the difference of working from age 50-65 as a pilot making about 250k a year. The fire career is over at age 52 for me (that gives me 25 years credit in the pension system- should give me about 70k a year in pension without touching my other investments)

I guess it comes down to a few questions:

1. Do I want to work as a pilot for longer than I would if I continue the fire career? (firefighter lifespan is significantly less due to cancer and heart problems caused by lack of sleep- most of our guys are dying early into retirement)

2. Can I deal with the salary hit for the first few years along with the work/schedule conditions that are bad early in the airline career? (getting thru training, probation, and rookie time at the fire dept sucked too)

3. Do I want to risk the stability of local government job where I have awesome conditions right now for the unstable yet cyclical conditions of the airlines?

4. Finally what can I do to mitigate not losing my current career to try out the new one‐ The answer to this is burn my vacation and sick time, and possibly get an unpaid leave and burn through some retirement (or home equity) to make it work.

I committed to doing the regionals for at least a year when I borrowed money (student loan) for the 141 instrument training. I have 50k in student loans left‐ which is conviently one year salary at the regionals.

I should be able to make it a year with vacation/sick/trading shifts to do both jobs for a year. It won't be ideal, but I think its worth it to figure out if I really want to leave what I already have.

I guess worst case is do it, hate it, get 121 SIC multi turbine time and type rating. Remove the restriction on the atp cert, retire from fire dept around age 50 and fly 91 or 135 at that time
1. Yes, you do want to work longer as a pilot. The fact of the matter is pilots love what they do. That’s why these geezers keep flying until regulations literally pry their crusty bodies out of the seat (and then they still consider finding a GA job). Firefighters never usually stop working after they hit their retirement anyways. These days people can realistically live to be in their 90s…. 40 years is too long to be retired without getting bored. Everyone seems to at least find a part time gig or they volunteer somewhere.

2) Yes, again. Ten years ago regionals paid 1/3 of what they do now. Nowadays, anyone who has kept their expenses reasonable can live off of a new FO salary (likely around 55-60K based off my research). If you have PTO from other job or a spouse that works you’re extra good.

3) Airlines practically are government jobs. We saw how quickly the government poured money in during Covid. The government has historically stepped in to relieve airlines who can’t keep their balance sheet green

4) I wouldn’t try to do both careers at once. You’ll get burnt out and be distracted. Try to cut costs if anything
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