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Originally Posted by Profane Kahuna
(Post 3455381)
hahaha, both of you are so wrong it's funny. Actually, I'm starting to think the two accounts and MyTime2025 are the same.
Anyway, I ran the numbers Age 68 or 70 or whatever would result in HIGHER earnings for me....yet I am still opposed to it. Why? Simple, same as the student loans deal. If you agree to certain terms you should stick to them. There is a moral inferiority with those who enter into agreements and then advocate for legislation to change the terms to favor themselves. I won't do it. Others it appears, have no problem sinking to that level. At least they loudly self identify! |
Originally Posted by Andy
(Post 3455389)
Kernal, do I need to post several of your old posts which will confirm that you're a LUV mil retiree hired late 2017/early 2018? Let me know; I'll be happy to quote your previous posts.
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? |
Originally Posted by Andy
(Post 3455389)
Kernal, do I need to post several of your old posts which will confirm that you're a LUV mil retiree hired late 2017/early 2018? Let me know; I'll be happy to quote your previous posts.
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Originally Posted by CBreezy
(Post 3455409)
" I don't agree with you so I'll discredit you."
Anyway.....just say no to drugs kids. |
Originally Posted by Profane Kahuna
(Post 3455416)
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. 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.
Originally Posted by CBreezy
(Post 3455409)
" I don't agree with you so I'll discredit you."
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Originally Posted by Profane Kahuna
(Post 3455381)
hahaha, both of you are so wrong it's funny. Actually, I'm starting to think the two accounts and MyTime2025 are the same.
Anyway, I ran the numbers Age 68 or 70 or whatever would result in HIGHER earnings for me....yet I am still opposed to it. Why? Simple, same as the student loans deal. If you agree to certain terms you should stick to them. There is a moral inferiority with those who enter into agreements and then advocate for legislation to change the terms to favor themselves. I won't do it. Others it appears, have no problem sinking to that level. At least they loudly self identify! |
Originally Posted by Andy
(Post 3455479)
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. 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?
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"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. |
a retirement age insight
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+.
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As an early 50 year old now, it’s depressing beyond belief to think that $3-5 million saved NOW won’t be enough to sustain expenses between 62/65-death/death of spouse.
Lord help me, I got into this gig late (late 20’s). It’s not that hard if you save and marry someone who has similar habits. Xist. At that level you’re doing better than the vast majority of Americans who’ll be working forever. (Yeah. WE’RE there. Don’t **** off your spouse. Join a gym and don’t cheat. Buy flowers. Go out to eat. ). The rec here is get an airline job in your 20s-30s, live like a pauper, invest it all in real estate and spend half your life dealing with broken toilets and evicting bad renters? Why? You’re not going to be Musk, Bezos or Gates. This ain’t that career. Live under your means. Invest prudently. Don’t divorce. You’ll do fine. |
Sometimes the divorce is just a necessary thing…but if you do, for gods sake try not to get lawyers involved and do it before you upgrade!
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Originally Posted by at6d
(Post 3456088)
Sometimes the divorce is just a necessary thing…but if you do, for gods sake try not to get lawyers involved and do it before you upgrade!
Try not to get married in the first place if divorce will be necessary. Before you take the plunge... Understand where she's coming from: family, parents, upbringing, friends. If it's different than yours, could be a problem. Mutual commitment to fitness and healthy lifestyle is good... after age 40 the grass on the other side won't look so good as everybody else lets themselves go. If her family is a hot mess, that might be OK if she's committed to not living her life that way. If her friends are a hot mess, big red flag right there. Have in-depth discussions over a lengthy period about lifestyle, kids, money, geography, and airline life and hardships. Make sure she's grown-up enough to actually know what she wants. Don't marry a divorcee (this is for the younger guys, if you're both older, post-kids with a notch on the belt you know the drill). Single mom might be OK if she had the sense to not marry the loser father in the first place. I know this from 1) getting lucky myself and 2) observing friends and family not get so lucky. |
Originally Posted by DeltaboundRedux
(Post 3456052)
As an early 50 year old now, it’s depressing beyond belief to think that $3-5 million saved NOW won’t be enough to sustain expenses between 62/65-death/death of spouse.
Lord help me, I got into this gig late (late 20’s). It’s not that hard if you save and marry someone who has similar habits. Xist. At that level you’re doing better than the vast majority of Americans who’ll be working forever. (Yeah. WE’RE there. Don’t **** off your spouse. Join a gym and don’t cheat. Buy flowers. Go out to eat. ). The rec here is get an airline job in your 20s-30s, live like a pauper, invest it all in real estate and spend half your life dealing with broken toilets and evicting bad renters? Why? You’re not going to be Musk, Bezos or Gates. This ain’t that career. Live under your means. Invest prudently. Don’t divorce. You’ll do fine. ALWAYS better to divorce than live with a ****ing ***** the rest of your life. What's that worth? |
Originally Posted by Mytime2025
(Post 3456237)
I disagree
ALWAYS better to divorce than live with a ****ing ***** the rest of your life. What's that worth? |
Originally Posted by tnkrdrvr
(Post 3456510)
and now we know why you don’t want to retire
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Originally Posted by tnkrdrvr
(Post 3456510)
and now we know why you don’t want to retire
I'm set just hate constantly explaining to my wife why we are all such loser's and weak at contract time lol. Truth hurts. |
Originally Posted by Mytime2025
(Post 3456528)
Who said I don't want to retire? Don't get my jollies flying jets anymore I can guarantee you that, been there done **** long enough. Just value my career and pay more than most weak sisters here do.
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Originally Posted by Mytime2025
(Post 3456237)
I disagree
ALWAYS better to divorce than live with a ****ing ***** the rest of your life. What's that worth? |
1 Attachment(s)
Like it or not the vast majority of pilots support age 67.
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Originally Posted by Mytime2025
(Post 3456634)
Like it or not the vast majority of pilots support age 67.
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Originally Posted by Mytime2025
(Post 3456634)
Like it or not the vast majority of pilots support age 67.
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Originally Posted by Mytime2025
(Post 3456634)
Like it or not the vast majority of pilots support age 67.
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Originally Posted by Mytime2025
(Post 3456634)
Like it or not the vast majority of pilots support age 67.
Even when you totally disregard the "maybe" in the options, you get a plurality of 47% in favor of increasing, and 32% dead set against. That leaves 20% whose opinion we have no idea about, but because the way the question was framed could all be on favor of going back to age 60, leading to a majority of 52% against raising the age. I'm in favor of raising the age, for purely selfish reasons. I am also in favor of a first class medical that actually tests for physical and mental health, and cognitive abilities. |
Originally Posted by symbian simian
(Post 3456719)
I'm part of that "vast majority". I thought our generation was the one supposed to complain about young kids not being able to do math/know words.
Even when you totally disregard the "maybe" in the options, you get a plurality of 47% in favor of increasing, and 32% dead set against. That leaves 20% whose opinion we have no idea about, but because the way the question was framed could all be on favor of going back to age 60, leading to a majority of 52% against raising the age. I'm in favor of raising the age, for purely selfish reasons. I am also in favor of a first class medical that actually tests for physical and mental health, and cognitive abilities. |
Originally Posted by symbian simian
(Post 3456719)
I'm part of that "vast majority". I thought our generation was the one supposed to complain about young kids not being able to do math/know words.
Even when you totally disregard the "maybe" in the options, you get a plurality of 47% in favor of increasing, and 32% dead set against. That leaves 20% whose opinion we have no idea about, but because the way the question was framed could all be on favor of going back to age 60, leading to a majority of 52% against raising the age. I'm in favor of raising the age, for purely selfish reasons. I am also in favor of a first class medical that actually tests for physical and mental health, and cognitive abilities. |
Originally Posted by Mytime2025
(Post 3456532)
BTW remarried someone with a hell of a lot more assets than your typical pilot so please don't feel for me haha 😆
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Originally Posted by Myfingershurt
(Post 3456648)
I think you’re confused on what the term vast majority means. It’s okay. Getting old is hard. Enjoy your retirement.
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Originally Posted by Mytime2025
(Post 3456827)
You have got to be kidding me. Maybe 68 is for 68 or higher other is for higher than 68 or getting rid of madetory all together. Like it or not a non pilot ( thank God) will be heading the FAA . Im sure he grew up with his fair share of blatant discrimination. 67/68 is now a done deal and all the ALPA foot stomping won't change that fact. He was put there to FIX it after pilots jacked it up. I wish him well. FAA reauthorization will bump up the age and maybe the airlines can then execute on their growth plans. Don't worry little boy you will still be able to wear your little captains hat someday.
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Originally Posted by symbian simian
(Post 3456859)
And this is the reason I want a medical with cognitive reasoning tests. #facepalm. If you had actually read my post before starting that unhinged rant, you would see the only thing I really said was that you used majority instead of plurality based on some questionable statistics.
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Originally Posted by Margaritaville
(Post 3456895)
No kidding. I still say this guy's a troll trying to make the old guys look bad but if he's legit... sheesh. Dementia has set in.
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Originally Posted by Mytime2025
(Post 3456949)
You clearly flunked statistical trend analysis in school. Other strongly implies greater than 68. The person that put the poll together didn't want to include every age past 68 that's why it's at the end. He made it clear that the "no way" was 65 and all the rest are in favor of raising it to something greater than 65. Any 3rd grader could see that.
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Originally Posted by Mytime2025
(Post 3456949)
You clearly flunked statistical trend analysis in school. Other strongly implies greater than 68. The person that put the poll together didn't want to include every age past 68 that's why it's at the end. He made it clear that the "no way" was 65 and all the rest are in favor of raising it to something greater than 65. Any 3rd grader could see that.
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Originally Posted by Mytime2025
(Post 3456949)
You clearly flunked statistical trend analysis in school. Other strongly implies greater than 68. The person that put the poll together didn't want to include every age past 68 that's why it's at the end. He made it clear that the "no way" was 65 and all the rest are in favor of raising it to something greater than 65. Any 3rd grader could see that.
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Originally Posted by symbian simian
(Post 3456719)
I'm part of that "vast majority". I thought our generation was the one supposed to complain about young kids not being able to do math/know words.
Even when you totally disregard the "maybe" in the options, you get a plurality of 47% in favor of increasing, and 32% dead set against. That leaves 20% whose opinion we have no idea about, but because the way the question was framed could all be on favor of going back to age 60, leading to a majority of 52% against raising the age. I'm in favor of raising the age, for purely selfish reasons. I am also in favor of a first class medical that actually tests for physical and mental health, and cognitive abilities. |
Originally Posted by Margaritaville
(Post 3456952)
I didn't take "statistical trend analysis" (is that even a thing?), and none of that made any sense, gramps. Thanks for again proving why the retirement age shouldn't be raised. Your cognitive decline is very evident. Now let me help you back to bed.
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Originally Posted by Mytime2025
(Post 3457046)
Ok but first after my 8 mile mountain hike today. Yes it is a thing if you actually went to college you would know that. Used in finance and basic statistics.
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Originally Posted by ThumbsUp
(Post 3457014)
The survey is only as valid as the audiences that answered it, which is probably largely not airline pilots, particularly younger ones, since it is from avweb.
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Poll or no poll, our failure is to think we really are that important as just a cog. Definitely strength in numbers, but business is business and $$$ drives them, us, simply everyone for the most part with some exceptions. Most any pilot at 65 is at the top of their pay scale so there is minimal argument for two more years. Reality is Boomers will come and go, Gen X will come and go, followed by the next and maybe perhaps the next if they aren’t replaced by automation or reduced in some manner. Bottom line: Everyone will get old or are already older and eventually everyone dies. Longer you have remaining the more pitfalls you will be subject too within this industry. Always be prepared or ready to “Brace for Impact”, there is no normal life it’s just life - Enjoy your OneLife!
*Yup, I am older but 60 sounds like a good plan - I do have other ventures I would like to pursue, but no one knows exactly what’s right until you get there. |
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