Originally Posted by
cfiflyguy77
Australia and New Zealand don't have an age limit and it seems to work ok for them. I mean yeah if they were to do away with the mandatory retirement it will screw most of us in the industry short term, it will help most of us long term, but overall it will be better systemically.
Increasing the retirement age helps those at the top in the short and long term. Most of us lose in the short and long term, which is why most of us are against raising the age. Eliminating the retirement age, as you suggest, skews this even further and turns our profession into something closer to what the Flight Attendants get to "enjoy." Think of it like a 401k, where you delay contributions at the front end only to get a couple years of additional contributions at the back end. The numbers have to be very favorable for you to come out ahead overall in this scenario.