What's the Latest at ASA/Expressjet?
10-31-2015 | 11:28 AM
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If 3 years of not investing into a 401k makes me unable to retire, then I've done more wrong in my career than not putting money away into a 401k for 3 years.
10-31-2015 | 11:42 AM
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Oh, I am. Remember, if I make a $1,000 payment to student loans, that all $1,000 goes toward principal, which means a significant amount of interest gets kicked off instead of $700 going toward interest and $300 toward principal (just throwing a number out there). Total savings outweigh what I'd earn in interest from a 401k and the free money.
If 3 years of not investing into a 401k makes me unable to retire, then I've done more wrong in my career than not putting money away into a 401k for 3 years.
If 3 years of not investing into a 401k makes me unable to retire, then I've done more wrong in my career than not putting money away into a 401k for 3 years.
10-31-2015 | 11:56 AM
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What's the Latest at ASA/Expressjet?
Oh, I am. Remember, if I make a $1,000 payment to student loans, that all $1,000 goes toward principal, which means a significant amount of interest gets kicked off instead of $700 going toward interest and $300 toward principal (just throwing a number out there). Total savings outweigh what I'd earn in interest from a 401k and the free money.
If 3 years of not investing into a 401k makes me unable to retire, then I've done more wrong in my career than not putting money away into a 401k for 3 years.
If 3 years of not investing into a 401k makes me unable to retire, then I've done more wrong in my career than not putting money away into a 401k for 3 years.
If putting in $4000 a year into your 401k is costing you more than $2000 in student loan interest, then you are potentially better off, depending on how the market does. And that would mean that your student loan interest is astronomically high! Also, keep in mind that your student loan interest is tax deductible. So your effective interest is lowered by your marginal tax rate.
My original point though was that your 401k wasn't just the interest you earned on what you put in. It's the interest PLUS the 50% match. So what you are is actually 50% + whatever interest the total ($6k) earns. Again, your ROI is actually 50% +.
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10-31-2015 | 12:40 PM
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If putting in $4000 a year into your 401k is costing you more than $2000 in student loan interest, then you are potentially better off, depending on how the market does. And that would mean that your student loan interest is astronomically high! Also, keep in mind that your student loan interest is tax deductible. So your effective interest is lowered by your marginal tax rate.
My original point though was that your 401k wasn't just the interest you earned on what you put in. It's the interest PLUS the 50% match. So what you are is actually 50% + whatever interest the total ($6k) earns. Again, your ROI is actually 50% +.
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My original point though was that your 401k wasn't just the interest you earned on what you put in. It's the interest PLUS the 50% match. So what you are is actually 50% + whatever interest the total ($6k) earns. Again, your ROI is actually 50% +.
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10-31-2015 | 04:35 PM
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10-31-2015 | 06:38 PM
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From: FO
What are reserve times looking like, what can one expect?
10-31-2015 | 07:51 PM
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10-31-2015 | 08:48 PM
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Beefjerky,
Reserve times depend where you're based. I'm ORD based and even though I've been here a year and seven months I'm only 8 from the bottom of the list in ORD...been on reserve since I got hired and I'm looking at another year or two at least. I decided to move to base and it's honestly not too had...They didn't use me three days I was on call so I was home a decent amount this past month since I also had 12 days off, but then again I'm being used more and more because of attrition compared to last year when I flew 15 hours a month when I was ewr based this time last year.
If I was ewr based id be off reserve in 6 more months most likely...
Reserve times depend where you're based. I'm ORD based and even though I've been here a year and seven months I'm only 8 from the bottom of the list in ORD...been on reserve since I got hired and I'm looking at another year or two at least. I decided to move to base and it's honestly not too had...They didn't use me three days I was on call so I was home a decent amount this past month since I also had 12 days off, but then again I'm being used more and more because of attrition compared to last year when I flew 15 hours a month when I was ewr based this time last year.
If I was ewr based id be off reserve in 6 more months most likely...
11-01-2015 | 12:57 PM
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From: FO
Beefjerky,
Reserve times depend where you're based. I'm ORD based and even though I've been here a year and seven months I'm only 8 from the bottom of the list in ORD...been on reserve since I got hired and I'm looking at another year or two at least. I decided to move to base and it's honestly not too had...They didn't use me three days I was on call so I was home a decent amount this past month since I also had 12 days off, but then again I'm being used more and more because of attrition compared to last year when I flew 15 hours a month when I was ewr based this time last year.
If I was ewr based id be off reserve in 6 more months most likely...
Reserve times depend where you're based. I'm ORD based and even though I've been here a year and seven months I'm only 8 from the bottom of the list in ORD...been on reserve since I got hired and I'm looking at another year or two at least. I decided to move to base and it's honestly not too had...They didn't use me three days I was on call so I was home a decent amount this past month since I also had 12 days off, but then again I'm being used more and more because of attrition compared to last year when I flew 15 hours a month when I was ewr based this time last year.
If I was ewr based id be off reserve in 6 more months most likely...
11-01-2015 | 07:16 PM
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