interesting.... I did some lengthy calculations earlier today. I started at age 24 with pay around 20,000(express jet) and went to age 60 with a top pay of somewhere around 160,000(continental). 10 years at express jet with a 4 year upgrade and the rest with continental with a 10 year stay at FO and a 4 year period where times are bad enough to go back to FO. I went with a 100% match of 6% of your salary (which is what express jet currently pays according to this website) and an 11% annual interest on the 401k account(which the stock market has averaged over its entire history) and I came up with $3,300,000 at the age of 60. Compounding interest is amazing. So here another option on top of pensions of your company offers it.

Is this anywhere close to pay outs that pensions offer? And I assume pensions still cover you for health insurance??


p.s. when I find the paper I did the calculations on I will try and scan it or re-type the exact calcualtions on here.