Originally Posted by
Vidra
The 401k is not predicated on having a healthy career. However, it does require the company to double-down on the employer retirement contribution when a pilot goes out on LTD to make them "whole" (Ex: 17% goes to 34%). That is how they are successfully utilized at other airlines.
Healthy career also includes that you fly your line during your later years. When I was in my 30's, I would flex by swapping a 6hr for an 8 or maybe an extra trip per month when the kids were in college. In my 50's, I can't even tell where to find open time on VIPS... if there was any.
Another thing.. if my wife knew I had 6MM + in a retirement account, that would likely be enough for her to trade me in... 2.5MM and half a pension doesn't look as good to the boss.🤣 Happy New Year!!