67,68, or even 70
12-26-2019, 02:32 PM
#1
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Thread Starter
Joined APC: Jul 2015
Posts: 34
67,68, or even 70
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
12-26-2019, 03:21 PM
#3
Goin Streakin!
Joined APC: Apr 2013
Position: Hogless
Posts: 70
Flew with a CA who asked everyone he saw if they’d heard anything about age 67 happening. Proceeded to spend 3 days telling me how good it would be for me. On day 4 I asked him how age 65 affected him. His response was a 30 minute diatribe about how it screwed him over. I believe the only reason he stopped was the look on my face. To his credit he immediately changed his tune about the benefits to everyone.
12-26-2019, 03:37 PM
#4
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Joined APC: Aug 2016
Position: Relaxed
Posts: 6,929
Originally Posted by Ivana Humpalot
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
Back when Social Security was established, the ages 65 and 62 were selected. 65 was the average age of death for women. Men only made it to 62, on average. So the odds were you would never get any benefits.
In 1900, the average life expectancy for men in the US was 45.
12-26-2019, 04:47 PM
#5
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Joined APC: Mar 2014
Posts: 161
Originally Posted by TransWorld
Was this for Social Security full benefits? It is already going up to 66.5. Or was it for Pilot mandatory retirement?
Back when Social Security was established, the ages 65 and 62 were selected. 65 was the average age of death for women. Men only made it to 62, on average. So the odds were you would never get any benefits.
In 1900, the average life expectancy for men in the US was 45.
Back when Social Security was established, the ages 65 and 62 were selected. 65 was the average age of death for women. Men only made it to 62, on average. So the odds were you would never get any benefits.
In 1900, the average life expectancy for men in the US was 45.
12-26-2019, 10:18 PM
#7
Gets Weekends Off
Joined APC: Aug 2013
Posts: 207
Originally Posted by Ivana Humpalot
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
Signed Senior Guy.
12-26-2019, 10:34 PM
#8
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Joined APC: Aug 2016
Posts: 80
Originally Posted by Ivana Humpalot
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.
12-27-2019, 06:30 AM
#10
Gets Weekends Off
Joined APC: Aug 2016
Posts: 269
I would love to retire today but certain factors will make me stay longer. Healthcare is a huge issue for me. Even if I go to 65 and have Medicare, my spouse is 4 years younger than myself and when I start to add up that cost I will stay longer than I want to. Bid back to 787 FO and fly maybe 60 days a year for $200k. Easier to stay.
I would guess some airlines are pressuring the FAA to change the rule.
I would guess some airlines are pressuring the FAA to change the rule.
