Originally Posted by
PapaMike
Here's a fun math exercise for everyone.
Current 73N A is ~ $285
Assume a 39 year old Pilot with 26 years to go.
5% compounded year over year will have you retire at $1,013 / hr
4% compounded year over year will have you retire at $790 / hr
3% compounded year over year will have you retire at $614 / hr
Every percentage gain we can get now will pay enormously in your future years.
Do Not Settle
Try that same exercise with 2004 rates and inflation. 737 in January 2004 was $256.53.
https://www.bls.gov/data/inflation_calculator.htm