Prepare Yourselves... 2021 AEs
04-30-2021, 02:51 PM
#2661
Gets Weekends Off
Joined APC: Dec 2017
Posts: 2,767
Originally Posted by JamesBond
No... again, I am not bitter. But it is a fact that those at the bottom of this list have it way better than I did.
04-30-2021, 02:53 PM
#2662
Gets Weekends Off
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by theUpsideDown
Ehhh, ur a smidge bitter. If we got a go fund me together could we pay to get rid of you sooner?
Hint: Fix the pay methodology and you wouldn't care when I leave.
And gofundme is a ripoff.
04-30-2021, 02:55 PM
#2664
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,419
Originally Posted by JamesBond
PMDL. And to be honest, I don't remember when all that occurred. Contrary to what I know your perception probably is, I don't obsess over the amount I will get. But I know a lot that do. I have saved/invested from day 1 and did not count on the DB retirement, (my wife was much more insightful than I) so this is not about me. My point is that especially on this site there is zero sympathy or impetus to help those that are about to be thrown out the door, so those sympathies flow more toward the bottom of the list. I get it. But being furloughed is nothing new. What was new is to go from warp 9 to dead stop as quickly as we did. The target group has been spoiled. They are about to be once again. Nevertheless, the job market was pretty good even thru the pandemic. One could have paid the mortgage but might have to stop buying Bitcoin. It. was. temporary. "Retirement" is permanent.
You have a point about having 20ish years to go, but I would wager you have a pretty good amount saved. So had you been furloughed, you could have probably found something todo to pay the rent (but stop buying Bitcoin). Now we can get to the real crux of the discussion: Are you living within your means? I do. Always have. Many do not and refuse to learn the hard lessons because "it won't happen to me". What I think would be interesting is to see if any behavior changes going forward.
Fire away.
You have a point about having 20ish years to go, but I would wager you have a pretty good amount saved. So had you been furloughed, you could have probably found something todo to pay the rent (but stop buying Bitcoin). Now we can get to the real crux of the discussion: Are you living within your means? I do. Always have. Many do not and refuse to learn the hard lessons because "it won't happen to me". What I think would be interesting is to see if any behavior changes going forward.
Fire away.
I did have savings and for the most part was living like I was still an RJ FO budget wise when I got hired by DAL. I was stuck on training pay here for 10 months so it’s a good thing I had a very low overhead. I accepted that I would probably get furloughed and I would not be able to find other work in the field if I wanted to return to DAL. I had a potential job lined up if I did get cut but nothing close to what I could have made here. Now that I am making 2nd year pay I have not changed my budget much because I realize our industry and company in particular are in a weak spot if anything else happens.
retirement may be permanent but, to my knowledge, people who had worked at DAL/NW for decades were not suddenly left with nothing, just had a benefit that was lower than expected and time to make up for that lost benefit. It does not make it easy and it’s not right. But like I said above, having a reduced, but still live able benefit, and having it drop to 0 are two different things.
anyway cheers and thanks for the reply!
04-30-2021, 03:03 PM
#2666
Gets Weekends Off
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by Gone Flying
I am very glad you saved, that is something I have been trying to do since I could and have put what I could towards retirement because I don’t count on the 401k to stay as good as it is now (plus TVM) I hope my comment did not come across as rude, I just like to have an informed opinion. And TBH having your retirement wiped out when you are 45 and getting nothing vs getting (let’s just make up a number) 70k/year in retirement are two completely different scenarios.
I did have savings and for the most part was living like I was still an RJ FO budget wise when I got hired by DAL. I was stuck on training pay here for 10 months so it’s a good thing I had a very low overhead. I accepted that I would probably get furloughed and I would not be able to find other work in the field if I wanted to return to DAL. I had a ~18/hour job lined up if I did get cut but nothing close to what I could have made here. Now that I am making 2nd year pay I have not changed my budget much because I realize our industry and company in particular are in a weak spot if anything else happens.
retirement may be permanent but, to my knowledge, people who had worked at DAL/NW for decades were not suddenly left with nothing, just had a benefit that was lower than expected and time to make up for that lost benefit. It does not make it easy and it’s not right. But like I said above, having a reduced, but still live able benefit, and having it drop to 0 are two different things.
anyway cheers and thanks for the reply!
I did have savings and for the most part was living like I was still an RJ FO budget wise when I got hired by DAL. I was stuck on training pay here for 10 months so it’s a good thing I had a very low overhead. I accepted that I would probably get furloughed and I would not be able to find other work in the field if I wanted to return to DAL. I had a ~18/hour job lined up if I did get cut but nothing close to what I could have made here. Now that I am making 2nd year pay I have not changed my budget much because I realize our industry and company in particular are in a weak spot if anything else happens.
retirement may be permanent but, to my knowledge, people who had worked at DAL/NW for decades were not suddenly left with nothing, just had a benefit that was lower than expected and time to make up for that lost benefit. It does not make it easy and it’s not right. But like I said above, having a reduced, but still live able benefit, and having it drop to 0 are two different things.
anyway cheers and thanks for the reply!
All the best.
04-30-2021, 03:36 PM
#2667
Gets Weekends Off
Joined APC: Apr 2016
Position: Looking left
Posts: 3,251
Originally Posted by JamesBond
Nah. just a little detour thru funland.
You already created your own thread about DZ’ers and pension restoration...take the thread drift over there and let the AE info resume in the, you know, AE thread.
04-30-2021, 04:47 PM
#2669
Gets Weekends Off
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by DWC CAP10 USAF
my first time? No.
You already created your own thread about DZ’ers and pension restoration...take the thread drift over there and let the AE info resume in the, you know, AE thread.
You already created your own thread about DZ’ers and pension restoration...take the thread drift over there and let the AE info resume in the, you know, AE thread.
04-30-2021, 05:20 PM
#2670
Gets Weekends Off
Joined APC: Nov 2020
Position: Enoch Powell Enthusiast
Posts: 2,124
On APC, a democratic forum if ever there was one, Federalist No. 55 comes to mind:
"In all very numerous assemblies, of whatever characters composed, passion never fails to wrest the scepter from reason. Had every Athenian citizen been a Socrates; every Athenian assembly would still have been a mob."
"In all very numerous assemblies, of whatever characters composed, passion never fails to wrest the scepter from reason. Had every Athenian citizen been a Socrates; every Athenian assembly would still have been a mob."
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