Originally Posted by
Gunfighter
The power of compounding interest comes from time, and the youngest pilots will suffer the most because they are trapped in a vehicle with subpar gains for two or three decades when they should be investing for growth.
It’s spill money. As folks have said previously, newbies aren’t likely to hit spill dollars for years after being hired. And the first year they get spill dollars, and likely the fifth year they’re getting spill dollars…it just isn’t a ton of money when looking at a total portfolio.
“Subpar gains” on a very small portion of one’s portfolio, while benefiting from tax deferral and instant exemption from union dues on that money isn’t what I personally would describe as suffering. Just my humble opinion, though, and I wouldn’t presuppose as Trip does that I know what is best for every pilot, or that the factors involved are “basic math”.