Originally Posted by
Midsomer
How long have you had a retirement account. Unless you bought individual stocks you should be well padded for retirement at 65 if you have been contributing 20+ years. If you havent been saving an extra two more years will not fix a career of not saving. Also no one says you have to take SS at 65, you can delay. Don't buy planes, boats, vacation homes, corvettes and other things pilots think they deserve but can't afford.
The financial decisions of a few should not dictate the future and livlihoods of thousands. ESPECIALLY with the potential for a significant number of pilots becoming unemployed. That is a nighmare scenario for anyone looking for a job, to create ZERO retirments for two years.
Not arguing with any of that.
Just pointing out that two years *does* in fact matter. Financial planners often tell their clients who come up short that the solution is to work an extra 1-4 years. Saying that two years does not matter is mathematically wrong.