Originally Posted by
satchip
1. Yep, a fifth year guy can make well over six figures. I'm a third year guy and I could If I were a line holder. 2009 notwithstanding as everyone's W2 took a hit due to the slowdown.
2. In today's day and age that's a pipe dream. Heck I get Mil Ret health care and my costs aren't zero.
3. Emotional response.
4. 11% CONTRIBUTION is pretty darn good. Ask your civilian buddies what their 401k match is, much less contribution.
5. No question, that one sucks for you guys who were expecting that. From my perspective, however, I'm better off without it.
6. You can still retire at 60. The loss of the DB ironically affords you that opportunity.
7 & 8. More emotional responses. If #7 were such a big deal, you should have started your own business, not become an employee. #8 is just more of the usual hyperbole and invective that emanates from you.
I'd say you were doing ok by your own standards. I know I am.
Satch,
A lot of your responses to this topic involve how things effect you as an individual. (Job protection, insurance, pensions, etc.) Is there anything you want to do for the profession as a whole?
If you had a grandson or granddaughter who wanted to become a pilot, what exactly would you want to leave behind for them?
Do you want a: "Thanks granddad.
."
OR
DO you want a: "Thanks granddad.
."