Kalitta Air now accepting FO applications
07-26-2018, 01:15 PM
#4531
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by No Land 3
Hmm, explain or tell us where we can get educated on that.
https://www.amazon.com/Intelligent-I...+finance+books
https://www.amazon.com/dp/0393352242...532638448&sr=1
https://www.amazon.com/Little-Book-C..._&dpSrc=detail
https://www.amazon.com/Common-Sense-...SMYH6ESYPRE5HJ
https://www.amazon.com/Your-Money-Br...78Y4W2PXW6ZPGP
https://www.amazon.com/Die-Broke-Rad...26+mark+levine
https://www.amazon.com/Against-Gods-...T2BE3FH6SEYHEM
https://www.amazon.com/Liars-Poker-N...F03N7SNF1ERY6K
https://www.amazon.com/Big-Short-Ins...41QR28WZ9M3EKP
https://www.amazon.com/New-Thing-Sil...2JZW1409Y4ERQA
https://www.amazon.com/How-Make-Mone...lliam+o%27neil
https://www.amazon.com/Reminiscences...RHZSFGZTBXN9AV
https://www.amazon.com/Extraordinary...6GY08BGHVY7HQ2
https://www.amazon.com/Devil-Take-Hi...VFG5K2XWBDGV75
https://www.amazon.com/Against-Gods-...F93GNBGHGCA1C3
https://www.amazon.com/Basic-Economi...asic+economics
07-26-2018, 01:22 PM
#4532
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by No Land 3
Hmm, explain or tell us where we can get educated on that.
https://www.forbes.com/sites/cbrenna.../#9a3b32b4a952
15 Best Personal Finance Podcasts to Know About - Wall Street Survivor Blog
https://thecollegeinvestor.com/6778/...ting-podcasts/
07-26-2018, 01:26 PM
#4533
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by No Land 3
Hmm, explain or tell us where we can get educated on that.
https://www.makeuseof.com/tag/10-fin...ay-top-market/
07-26-2018, 01:32 PM
#4534
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by No Land 3
Hmm, explain or tell us where we can get educated on that.
07-26-2018, 01:37 PM
#4535
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by No Land 3
Hmm, explain or tell us where we can get educated on that.
Compound Interest Calculator
07-26-2018, 02:05 PM
#4536
Banned
Joined APC: Feb 2017
Posts: 2,275
My dad was self employed growing up, I come from a family that saved for their own retirement using Roth Ira's, etc. So retirement was never a mystery having a job that will pay between 200 to 300k a year for the majority of my working life. I fully understand the majority of you are trying all you can do with the time you have left given the poor pay from before, and your yelling out loud about the importance of said programs because it would of been a blessing for you to have. I get that. I also do not want to rely on something later in life without a plan b, c ,d etc. Next go around we need to get a better retirement, but I am not counting on it, nor should anyone else.
07-26-2018, 02:36 PM
#4537
Gets Weekends Off
Joined APC: Oct 2008
Posts: 299
We should be pushing for a company contribution of 18% no match required for our 401k. I believe United is 18% and Delta is 15%. We get close to that and I’d be thrilled. Retirement is my number one complaint here and why I don’t view Kalitta as my last stop unless things change in that department. Which is a bummer because I really do like it here.
As much as I’d love an A or B Fund I just don’t see it happening and it’s kind of a fossil anyway. A sham bankruptcy can get the company out of an A Fund.
A huge retirement bump, a cost of living raise, and some contract language/guarantee fixes would be my ideal next contract.
As much as I’d love an A or B Fund I just don’t see it happening and it’s kind of a fossil anyway. A sham bankruptcy can get the company out of an A Fund.
A huge retirement bump, a cost of living raise, and some contract language/guarantee fixes would be my ideal next contract.
07-26-2018, 02:58 PM
#4538
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by jhugz
We should be pushing for a company contribution of 18% no match required for our 401k. I believe United is 18% and Delta is 15%. We get close to that and I’d be thrilled. Retirement is my number one complaint here and why I don’t view Kalitta as my last stop unless things change in that department. Which is a bummer because I really do like it here.
As much as I’d love an A or B Fund I just don’t see it happening and it’s kind of a fossil anyway. A sham bankruptcy can get the company out of an A Fund.
A huge retirement bump, a cost of living raise, and some contract language/guarantee fixes would be my ideal next contract.
As much as I’d love an A or B Fund I just don’t see it happening and it’s kind of a fossil anyway. A sham bankruptcy can get the company out of an A Fund.
A huge retirement bump, a cost of living raise, and some contract language/guarantee fixes would be my ideal next contract.
07-26-2018, 03:28 PM
#4539
Banned
Joined APC: Jun 2016
Posts: 105
Originally Posted by No Land 3
My dad was self employed growing up, I come from a family that saved for their own retirement using Roth Ira's, etc. So retirement was never a mystery having a job that will pay between 200 to 300k a year for the majority of my working life. I fully understand the majority of you are trying all you can do with the time you have left given the poor pay from before, and your yelling out loud about the importance of said programs because it would of been a blessing for you to have. I get that. I also do not want to rely on something later in life without a plan b, c ,d etc. Next go around we need to get a better retirement, but I am not counting on it, nor should anyone else.
Assume your gross earnings for 2018 are $300,000 and you are under 50 and contribute the maximum of $18.500 to your 401K.
300,000 - 18,500= 281,500
281,500 is your taxable amount
Federal Taxes (Married Filling Jointly) - 50,379
(This rate expires in 2024)
Social Security-7,960
(Cap amount at the present time)
Medicare Tax/Surtax- 5,355
(There is no Cap on Medicare)
State Income Tax- ?
You only "made" 236,306 less any State Income Tax
If you reach the 12 year pay by the amendable date and the next Contract takes 5 years to negotiate you must take inflation into account. Subtract about 9,000 for a 5 year window.
https://www.usinflationcalculator.com/
Math is hard, arithmetic doesn't have to be.
After my nap and cookies and milk I'll be doing the arithmetic that demonstrates how much a 10% non-taxable employer match is worth.
07-26-2018, 04:15 PM
#4540
Gets Weekends Off
Joined APC: Feb 2011
Position: Licking the window
Posts: 461
Originally Posted by Geezer
You will never "make" that. Here's why:
Assume your gross earnings for 2018 are $300,000 and you are under 50 and contribute the maximum of $18.500 to your 401K.
300,000 - 18,500= 281,500
281,500 is your taxable amount
Federal Taxes (Married Filling Jointly) - 50,379
(This rate expires in 2024)
Social Security-7,960
(Cap amount at the present time)
Medicare Tax/Surtax- 5,355
(There is no Cap on Medicare)
State Income Tax- ?
You only "made" 236,306 less any State Income Tax
If you reach the 12 year pay by the amendable date and the next Contract takes 5 years to negotiate you must take inflation into account. Subtract about 9,000 for a 5 year window.
https://www.usinflationcalculator.com/
Math is hard, arithmetic doesn't have to be.
After my nap and cookies and milk I'll be doing the arithmetic that demonstrates how much a 10% non-taxable employer match is worth.
Assume your gross earnings for 2018 are $300,000 and you are under 50 and contribute the maximum of $18.500 to your 401K.
300,000 - 18,500= 281,500
281,500 is your taxable amount
Federal Taxes (Married Filling Jointly) - 50,379
(This rate expires in 2024)
Social Security-7,960
(Cap amount at the present time)
Medicare Tax/Surtax- 5,355
(There is no Cap on Medicare)
State Income Tax- ?
You only "made" 236,306 less any State Income Tax
If you reach the 12 year pay by the amendable date and the next Contract takes 5 years to negotiate you must take inflation into account. Subtract about 9,000 for a 5 year window.
https://www.usinflationcalculator.com/
Math is hard, arithmetic doesn't have to be.
After my nap and cookies and milk I'll be doing the arithmetic that demonstrates how much a 10% non-taxable employer match is worth.
Thread
Thread Starter
Forum
Replies
Last Post
