New Rumors
06-06-2025 | 02:00 PM
#101
Line Holder
Joined: Jan 2018
Posts: 219
Likes: 22
Not even close on 6 mill. You would have to be in an aggressive fund to make 6 mill. And who care about grandkids getting money, you'll spend it. And you won't have $210K/yr at 3.5%. But yes, sell out the pension. You'll give the company billions if not millions while making sub industry pay. But keep thinking anything other than a pension is a good idea.
l
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Ok fine 210K per year before taxes. But yea 210K per year. Shave it off the top of your $6M and live off of it and don’t touch the next egg until you’re required to. Rinse and repeat. Not sure what part of the math you’re fuzzy on.
Finally, I’m working to change my family tree. I’m not going to die with zero. That’s no legacy.
06-06-2025 | 02:17 PM
#102
Line Holder
Joined: Nov 2008
Posts: 338
Likes: 31
Lots of young guys will get there with 18-20% B fund on top of their Roths and TSP/prior 401K Easily.
Ok fine 210K per year before taxes. But yea 210K per year. Shave it off the top of your $6M and live off of it and don’t touch the next egg until you’re required to. Rinse and repeat. Not sure what part of the math you’re fuzzy on.
Finally, I’m working to change my family tree. I’m not going to die with zero. That’s no legacy.
Ok fine 210K per year before taxes. But yea 210K per year. Shave it off the top of your $6M and live off of it and don’t touch the next egg until you’re required to. Rinse and repeat. Not sure what part of the math you’re fuzzy on.
Finally, I’m working to change my family tree. I’m not going to die with zero. That’s no legacy.
06-06-2025 | 02:41 PM
#103
Gets Weekends Off
Joined: Dec 2010
Posts: 3,201
Likes: 32
From: 4A2FU
Lots of young guys will get there with 18-20% B fund on top of their Roths and TSP/prior 401K Easily.
Ok fine 210K per year before taxes. But yea 210K per year. Shave it off the top of your $6M and live off of it and don’t touch the next egg until you’re required to. Rinse and repeat. Not sure what part of the math you’re fuzzy on.
Finally, I’m working to change my family tree. I’m not going to die with zero. That’s no legacy.
Ok fine 210K per year before taxes. But yea 210K per year. Shave it off the top of your $6M and live off of it and don’t touch the next egg until you’re required to. Rinse and repeat. Not sure what part of the math you’re fuzzy on.
Finally, I’m working to change my family tree. I’m not going to die with zero. That’s no legacy.
Getting to 6 million (inflation adjusted) with 18% B fund is no simple matter. It requires working a very full schedule for your whole career, it requires a lot of things to go well with investing, and it requires even more things that could go wrong to not go wrong.
06-06-2025 | 02:56 PM
#104
Line Holder
Joined: Aug 2006
Posts: 1,357
Likes: 133
^^ On today's episode of "History by Gaslight"
Getting to 6 million (inflation adjusted) with 18% B fund is no simple matter. It requires working a very full schedule for your whole career, it requires a lot of things to go well with investing, and it requires even more things that could go wrong to not go wrong.
Getting to 6 million (inflation adjusted) with 18% B fund is no simple matter. It requires working a very full schedule for your whole career, it requires a lot of things to go well with investing, and it requires even more things that could go wrong to not go wrong.
How many got hired at FedEx under 30? I can’t imagine more than 5%.
06-06-2025 | 04:21 PM
#105
Banned
Joined: Aug 2019
Posts: 1,244
Likes: 0
06-06-2025 | 04:23 PM
#106
Banned
Joined: Aug 2019
Posts: 1,244
Likes: 0
06-06-2025 | 04:57 PM
#107
On Reserve
Joined: Nov 2023
Posts: 171
Likes: 39
So no, I don't think the pension is only for senior pilots. I just don't think TA1 came anywhere close to the right balance. Thankfully, >50% agreed.
06-06-2025 | 05:16 PM
#108
Thread Starter
On Reserve
Joined: Jan 2023
Posts: 116
Likes: 17
I completely understand someone nearing retirement wanting TA1 to pass, and for the rest of us to "get the rest on the next contract". But MANY of us didn't want to live under that lackluster TA for another 4.5 years (plus negotiation time...so potentially 8+years given the rate of negotiations these days).
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06-06-2025 | 07:26 PM
#109
On Reserve
Joined: Mar 2025
Posts: 143
Likes: 20
welcome back we missed your wisdom!
sigmund frog
06-06-2025 | 08:30 PM
#110
Banned
Joined: Aug 2019
Posts: 1,244
Likes: 0
Keep thinking that. You lost hundreds of thousands of dollars and retirement bump. You won''t even get close to all the past 5 yrs of lost pay raises.Two more years at least before a contract.
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