There you go again. I said nice try, but you were wrong on the age. You seem to be trying to change the subject?

The numbers show I would have more career earnings if retirement age was extended, yet I am against it.

Not sure why you find that difficult to understand?

 

" I don't agree with you so I'll discredit you."

 

What's funnier is I even said "nice try" with his guess.....he just got the age wrong.

Anyway.....just say no to drugs kids.

 

No, you implied that I got everything wrong. Now you admit I got everything except the initial age guess correct.
Again, you're only against this because you're sitting in the right seat. If you were in the left seat, you'd be all for it.

It was his implication that I was completely off the mark. I wasn't.

 

I already stated that I believe the vast majority of us are, as you call it, morally inferior. Maybe you aren’t the only one, but from what I have seen you would definitely be the exception, just curious, what year did you start flying?

 

You just keep digging your hole deeper!

I don't imply things. I said "nice try". That's a compliment.

I have run the numbers. Age 68 or 70, both mean more career earnings for me....yet I am against the change. I am realizing more and more how this tumbles your gyros. It's great insight into your character.

 

That's it. How do you regulate too old JB?

 

"MyTime"s (the same name as a seniors dating site which is Tinder forth 55+ crowd) asinine, rambling, trolling, out of touch posts should be all the proof we need that cognitive decline with age is insidious and steady.

The only reasonable explanation besides that for his posts are a young person posing as a boomer to troll everyone and make it plainly obvious why the age shouldn't be raised.

 

Not everyone will fit nicely into these categories, but I spoke with an Airline Captain who had an interesting insight, about pilot age groups.

He opined, most pilots in their sixties are from a generation who believed Social Security would always be there and take care of them. So as a group they are not well prepared financially for retirement. They haven't saved for retirement like they needed to. They've lived large and bought expensive homes, and have many expensive hobbies. A divorce or two may have made their situation worse.

He suggested most pilots under the age of 55 grew up in an age where few believed that Social Security would survive, and that they would need to independently save for retirement.

They've become savvy at investing in the stock market and purchasing investment properties. They've lived a more modest lifestyle over the years and have saved a much larger percentage of their income.

He said the airline industry is in for a shock. Pilots who are in their fifties, many of them, could retire on their current nest egg, and many are making plans to quit flying by the time they reach 60 years old.

He thought pilots in their forties are in even better shape financially.

Many, if not most of them, will see no need to continue flying beyond their early to mid-fifties. For most of their adult life the stock market has been booming or rapidly recovering and they've had the best 20 year returns on investment in the history of the stock market.

The retirements for the airlines are going to be much higher than projected. Pilots in their 40s and 50s are well prepared to retire early. Everyone assumes Airline Pilots will fly until they are 65. It isn't going to happen.

But most pilots in their sixties today, need as many years as possible to compensate for poor financial planning. They will beg for 67 or 68.

 

I doubt social security factored much into most boomer pilots' financial planning.... that would be beer money compared to traditional airline compensation. They probably banked on the historic high pay and DB retirement plans, which mostly went away in the first decade of this century. Compensation came back in large part but that doesn't help much if you're 60+.