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Old 02-15-2014 | 08:17 AM
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Plenty of corporate/fractional pilots working past 65, so the answer is yes.
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Old 02-15-2014 | 08:45 AM
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Grumpier old men
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Old 02-15-2014 | 09:06 AM
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Originally Posted by Grrrr
Would it really change that much? Are there really that many people out there who would work until 70, or that could if they wanted to?
The good news is, inflight meals will only require a spoon.
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Old 02-15-2014 | 09:24 AM
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Originally Posted by Grrrr
Would it really change that much? Are there really that many people out there who would work until 70, or that could if they wanted to?
Bottom of the list for bidding and category then. Enough "bonus round" nonsense.
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Old 02-15-2014 | 09:25 AM
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Originally Posted by Packrat
Plenty of corporate/fractional pilots working past 65, so the answer is yes.
No one cares if a corporate plane or cargo plane augers in. 121 passenger flying is a much, much higher standard in the world of public perception.
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Old 02-15-2014 | 01:48 PM
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Originally Posted by HermannGraf
I saw it. The idiot from Shark Tank suggested to raise the age to 70 to solve the problem.....
Shoot me now
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Old 02-25-2014 | 10:16 AM
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Originally Posted by Grrrr
Would it really change that much? Are there really that many people out there who would work until 70, or that could if they wanted to?
The answer from 6 years ago is still ... Yes. :/
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Old 02-25-2014 | 10:35 AM
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Originally Posted by 5ontheglide
The answer from 6 years ago is still ... Yes. :/
eh. now that people have B funds and 401k's, and in the event of BK that money is yours to keep, you wont see people desparate to stay til 70 because they lost their pensions, like what happened this past decade. Those of us who are coming into the industry knowing we don't have a pension, but instead have defined contributions, will hopefully be able to escape by age 60 to 65. If you want to fly to 70 "for the fun of it," well, that's great. but essentially it would be like working for free, and then dying. haha.
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Old 02-25-2014 | 10:48 AM
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Originally Posted by gloopy
Bottom of the list for bidding and category then. Enough "bonus round" nonsense.
Exactly, see how many gummers want to stick around if they are junior b*tch reserve FOs.
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Old 02-25-2014 | 11:37 AM
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Originally Posted by ghilis101
eh. now that people have B funds and 401k's, and in the event of BK that money is yours to keep, you wont see people desparate to stay til 70 because they lost their pensions, like what happened this past decade. Those of us who are coming into the industry knowing we don't have a pension, but instead have defined contributions, will hopefully be able to escape by age 60 to 65. If you want to fly to 70 "for the fun of it," well, that's great. but essentially it would be like working for free, and then dying. haha.
How is it working for free?

You'd still be earning a salary and contributing to your 401k. You'd be deferring consumption of said 401k. Then when you do retire, you'd have more of it and need it to last for less time (or be able to pass it along to your kids).

It's when one has a pension and is eligible to collect and keeps working, that they are working for less.
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