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Old 08-16-2024 | 03:45 PM
  #1278  
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Jonny Drama
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Joined: Mar 2011
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From: Scratching my head in the right seat of a Douglas product
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Originally Posted by Uninteresting
yep-in addition, the demographics may also add to WBA dropping outside of past norms. In other words, past performance does not guarantee future returns. Quite a few assumptions for entertainment value, but that’s what this site is partially for.
Generally speaking, the 07/08/10 folks have kids in middle/high school and have 20 years to retirement. Add in the great market returns, solid contract increases the past 10 years and relatively decent seniority (again with 20 years to go), knowing retirements are heavy the next 10 years combined with heavy WB aircraft adds the next few years, many in this group may wait a few years for a $75/hour pay increase especially as the trade is a commute and loss in massive seniority. Knowing they can bid WBA for 15 years versus 18, I see a much larger % deferring versus the 95-01 gang.
I definitely agree that many of the younger 07/08/10s could wait. The changing demographics will definitely play a factor. I know I myself will choose to go in closer to 2000 than to 5000 when my time comes.