Originally Posted by
Ryler
Just wanted to quote this for importance. Most of the sub-45 year old pilots at Delta have a good shot at living long enough to see medical advancements that propel us into our late 80’s/early 90’s for life expectancy. $5M, or even $10M may sound like plenty to retire on in terms of today’s value. But it isn’t. It’s not nearly enough. Inflation will persist for a long time to come and saving as much as possible right now to take advantage of compounding interest is of the utmost importance.
With these advancements in health care will be corresponding retirement dates. People will simply have to work longer. Who wants to really be not working for 30 years? Lots of fun part time jobs out there.