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Old 01-28-2020, 11:41 AM
  #1  
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Default Career advise for a 50 yr old pilot

Quick question...
I am 50 yrs old and a high time (10,500hrs or so) Transport Category Helicopter guy with about 4000hrs Fixed Wing total time and about 1900 hrs of so of Multi Engine Fixed Wing time with an ATP. Recently completed a job flying a Type Rated DHC-6-300 (14K Gross Weight) where I got about 850hrs or so PIC TurboProp time. Passenger service with Heavy IFR time. Should I take a shot at the 121 world, knowing I can only really get 15 yrs in before Mandatory Retirement? If so, will I just get passed over for the transition to a Major due to my age??

Thanks!
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Old 01-28-2020, 11:52 AM
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Originally Posted by ASTripp View Post
Quick question...

I am 50 yrs old and a high time (10,500hrs or so) Transport Category Helicopter guy with about 4000hrs Fixed Wing total time and about 1900 hrs of so of Multi Engine Fixed Wing time with an ATP. Recently completed a job flying a Type Rated DHC-6-300 (14K Gross Weight) where I got about 850hrs or so PIC TurboProp time. Passenger service with Heavy IFR time. Should I take a shot at the 121 world, knowing I can only really get 15 yrs in before Mandatory Retirement? If so, will I just get passed over for the transition to a Major due to my age??



Thanks!


Your age doesn't have anything to do w it per se. you don't get what you don't try for.


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Old 01-28-2020, 12:13 PM
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This is a classic Risk VS Reward question. What you really should focus on is your “numbers” (financial goals) to meet by the time you reach your target retirement age. How much more $$ do you need to save in retirement and what is the best way for you to meet that goal without undue risk?
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Old 01-28-2020, 12:22 PM
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Originally Posted by ASTripp View Post
Quick question...
I am 50 yrs old and a high time (10,500hrs or so) Transport Category Helicopter guy with about 4000hrs Fixed Wing total time and about 1900 hrs of so of Multi Engine Fixed Wing time with an ATP. Recently completed a job flying a Type Rated DHC-6-300 (14K Gross Weight) where I got about 850hrs or so PIC TurboProp time. Passenger service with Heavy IFR time. Should I take a shot at the 121 world, knowing I can only really get 15 yrs in before Mandatory Retirement? If so, will I just get passed over for the transition to a Major due to my age??

Thanks!
No, you won't get passed over because of your age. Not even close. You've got time to come on over and make an absolute minimum (assuming you take the upgrade when your number is up) of 4M at Frontier and you could destroy that number if you want to. Might have to stop by a regional but with your times, maybe not.
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Old 01-28-2020, 12:27 PM
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Originally Posted by PerfInit View Post
This is a classic Risk VS Reward question. What you really should focus on is your “numbers” (financial goals) to meet by the time you reach your target retirement age. How much more $$ do you need to save in retirement and what is the best way for you to meet that goal without undue risk?

uh-uh....

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Old 01-28-2020, 03:07 PM
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Originally Posted by Excargodog View Post
uh-uh....

Best not to do that much before age 40 though...
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Old 01-30-2020, 10:38 AM
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Originally Posted by rickair7777 View Post
Best not to do that much before age 40 though...
yeah, but this guy’s fifty...
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Old 02-04-2020, 04:10 AM
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You easily can get on with a Regional or a Fractional (if you want to go that route). Your PIC turbine may be a little light for a Major. However even if you only get 10 years with a Major you will still get retirement benefits.
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Old 02-04-2020, 06:19 AM
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Have you looked at a heavy type with an ACMI?
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Old 02-08-2020, 11:55 AM
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The legacy 401k's contribute quite a bit into the employee plans..
Contributing the max on your own could build a decent nest egg by 65.
Aim high and settle lower if that's all you can get.
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