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Old 02-20-2011, 12:30 PM
  #3  
SkyHigh
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Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Default A very interesting article.

People like to point the finger at the Baby Boomers yet we have a generation of people here who seem to throw caution to the wind in regards ot the way they earn a living.

If Boomers can not make it in retirement after a lifetime of high earnings, 401K investments and social security a typical regional pilot is doomed. By the time most of us retire after a career of mediocre earnings in an era of no pensions, poor stock market performance and a well earned fear of home ownership the only solution will be soilent green.

Big and more painful changes lie ahead. I can not believe that social security will exist in 20 years and it seems likely that state and federal government will be forced to cut or eliminate many of the entitlements that government workers depend on.

A paradigm shift is needed.

Skyhigh

Last edited by SkyHigh; 02-20-2011 at 01:31 PM.
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