Training to resume Q1
#41
Gets Weekends Off
Joined APC: Oct 2019
Posts: 391
Yeah yeah, crtical Mach, Jeppesen plates, AC power, yada yada. Free.Turkey!
#42
Gets Weekends Off
Joined APC: Nov 2017
Posts: 681
True story.
#44
New Hire
Joined APC: Oct 2016
Posts: 7
I was putting money away back when I didn’t have money, sometimes it was just $50/month. We didn’t take vacations, we didn’t eat out, and we bought practical used cars and drove the wheels off of them. I’m 3/4 through my career now, and if I don’t invest another dime, I’ll be ok. By continuing to live within my means, avoiding debt, and continuing to invest, I’ll retire with zero difference in QOL once the paycheck stops. I’m always amazed at the captains that I fly with who are close to retirement with very little saved. They had boats, planes, expensive cars, big houses, and lived the airline lifestyle to the fullest. I can’t help but wonder how hard reality is going to hit them when the paycheck stops, but then again....... play stupid games, win stupid prizes.
#45
Gets Weekends Off
Joined APC: Jul 2019
Posts: 196
I was putting money away back when I didn’t have money, sometimes it was just $50/month. We didn’t take vacations, we didn’t eat out, and we bought practical used cars and drove the wheels off of them. I’m 3/4 through my career now, and if I don’t invest another dime, I’ll be ok. By continuing to live within my means, avoiding debt, and continuing to invest, I’ll retire with zero difference in QOL once the paycheck stops. I’m always amazed at the captains that I fly with who are close to retirement with very little saved. They had boats, planes, expensive cars, big houses, and lived the airline lifestyle to the fullest. I can’t help but wonder how hard reality is going to hit them when the paycheck stops, but then again....... play stupid games, win stupid prizes.
#46
Line Holder
Joined APC: Apr 2018
Posts: 78
#48
Gets Weekends Off
Joined APC: Aug 2020
Posts: 2,219
It was rough the first 5 years or so starting out, but now it’s great. Because I paid myself first and endured a little pain early on, I’m in a much better position now, and it keeps getting better. If I just keep investing the same dollars every month that I do now, and figure a conservative 6% return, I’ll retire in 15 years with just over $6,000,000 and zero debt. Yeah, my life is awful.
Edit: Starting very early is the key. If you invest $200/month from 18-25 and then not make any contributions until 60, you’ll have more money than if you start investing $200/month at 25 and continue until you are 60.
Edit: Starting very early is the key. If you invest $200/month from 18-25 and then not make any contributions until 60, you’ll have more money than if you start investing $200/month at 25 and continue until you are 60.
Last edited by Hedley; 11-16-2020 at 05:47 PM.
#49
It was rough the first 5 years or so starting out, but now it’s great. Because I paid myself first and endured a little pain early on, I’m in a much better position now, and it keeps getting better. If I just keep investing the same dollars every month that I do now, and figure a conservative 6% return, I’ll retire in 15 years with just over $6,000,000 and zero debt. Yeah, my life is awful.
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#50
Gets Weekends Off
Joined APC: Aug 2020
Posts: 2,219
They’re not haters, they’re clueless. We don’t teach or encourage fiscal literacy or responsibility in this country. It’s all about instant gratification and enjoying the moment. I’m always amazed when jumpseating and these very young regional FO’s are sporting nice watches, and talking about their vacations and toys. That stuff is great when you have discretionary income, but when you’re starting out, saving should be more important than spending, especially in this industry.
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