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Old 10-29-2024 | 04:49 AM
  #45  
sailingfun
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Joined: Feb 2008
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Originally Posted by MoonShot
All this talk of how easy it is to make $600k makes me wonder about the $/QOL ratio.

Obviously this depends on the pilot, but when does the $ eaten by taxes vs. just enjoying time off become not worth it to you?

For me, it’s around the top of the 24% bracket. Add in state taxes (most but not all states), Medicare and it’s surcharge taxes, phaseout of the child tax credit close to the top of the 24% bracket (if you have kids) and once you’re in the 32% bracket you can very easily send close to 1/2 your income to Uncle Sam. With our ability to “manipulate” how much we work, it just doesn’t seem worth it to work yourself into the ground once you’ve made enough to cover your expense and savings goals.

I know for me, there is a tremendous difference in QOL working 8-10 days a month vs. 16-18. Like a huge difference. Just curious how others view it?
I tended to fly longer trips or stack trips as a commuter. That certainly increases reroute odds. A simple example of a great deal. I had two 3 days back to back. First one 16 hour CDG then a 19hour FCO. Enroute to CDG get notified we are rerouted to layover two days in CDG. 19 hour Rome dropped with pay and 16 hours of reroute pay added. (Never did figure out how RR pay worked but always seemed more then expected) Drop a GS in and get awarded a 25 hour 4 day with a DH on the last day so really a 3 day. I get home 1 day late and my pay goes from 35 hours to over 100!
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