F9 IPOs at $6.3B EV, same as NK?
04-05-2021, 09:30 AM
#11
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Joined APC: Jan 2018
Position: A320 CA
Posts: 177
Speaking of retirement, does anyone have a link to a 401k calculator that takes company direct contribution into account.? I can only find a 401k calculator that uses company matching which will give significantly different results
04-05-2021, 11:39 AM
#13
Line Holder
Joined APC: Jul 2017
Posts: 27
Originally Posted by TrojanCMH
I think it’s both. Spirit has always been an undervalued stock/company for whatever reason. Allegiant and now Frontier seem to be a little overvalued. Never really understood why if we are larger than either of those companies, beat them or come very close in basically every metric and yet they’re still valued over us. Maybe it’s a debt issue...
04-05-2021, 04:21 PM
#14
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Joined APC: Oct 2010
Posts: 4,603
Originally Posted by Excargodog
Just making a comment - and gave both contingencies. But I’ve seen it happen, guys planning on retirement through ESOP purchases and their 401k in more company stock. That’s a plan that works until it doesn’t. But if he’s playing the market for $hits and grins, more power to him.
04-05-2021, 04:39 PM
#15
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Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,397
I bought my SAVE shares with "play money" and not my 401k contributions. I was interested in buying some well before I'd ever heard of Covid. I actually bought a few shares at the high 30s. Then a couple months later it was down to single digits so I bought a lot more.
My retirement account is 100% low cost index funds
someone above posted about a 401k calculator that takes into account a company DC fund. I have not found one but you can kind of trick it into what you want but saying you get a 15% dollar for dollar match. But that assumes that you put something along those lines into your 401k on your own
Btw, the fact that you can't find a 401k calculator that works for you shows how much better airline pilot retirement benefits are compared to normal folks
My retirement account is 100% low cost index funds
someone above posted about a 401k calculator that takes into account a company DC fund. I have not found one but you can kind of trick it into what you want but saying you get a 15% dollar for dollar match. But that assumes that you put something along those lines into your 401k on your own
Btw, the fact that you can't find a 401k calculator that works for you shows how much better airline pilot retirement benefits are compared to normal folks
04-05-2021, 06:11 PM
#16
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Joined APC: Jan 2018
Position: A320 CA
Posts: 177
Originally Posted by Aero1900
someone above posted about a 401k calculator that takes into account a company DC fund. I have not found one but you can kind of trick it into what you want but saying you get a 15% dollar for dollar match. But that assumes that you put something along those lines into your 401k on your own
Btw, the fact that you can't find a 401k calculator that works for you shows how much better airline pilot retirement benefits are compared to normal folks
04-05-2021, 06:35 PM
#17
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Joined APC: Jun 2014
Position: A320 CA
Posts: 491
It's possible to build a spreadsheet in Excel to do all the future value calculations you're looking for. It takes a bit of poking around to find the appropriate functions, but it may occupy your time on an overnight if you're so inclined.
The other thing a I've found pretty valuable is an app for my iPhone that simulates an HP 19B business calculator. This is the calculator I used in undergrad as a business major in the late 80's. I think the app is somewhere around $5 and does all kinds of future value calculations. It's a bit bittersweet for me to own the app for $5 because the actual calculator cost $200+ in 1989 dollars.
The app is sold by RLM tools dot com. If you search for "HP 19B calculator" on the App Store, you'll find it listed as RLM-19BX.
The other thing a I've found pretty valuable is an app for my iPhone that simulates an HP 19B business calculator. This is the calculator I used in undergrad as a business major in the late 80's. I think the app is somewhere around $5 and does all kinds of future value calculations. It's a bit bittersweet for me to own the app for $5 because the actual calculator cost $200+ in 1989 dollars.
The app is sold by RLM tools dot com. If you search for "HP 19B calculator" on the App Store, you'll find it listed as RLM-19BX.
04-07-2021, 02:05 PM
#18
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Joined APC: Aug 2007
Posts: 2,002
Originally Posted by Tjamaica
Speaking of retirement, does anyone have a link to a 401k calculator that takes company direct contribution into account.? I can only find a 401k calculator that uses company matching which will give significantly different results
https://www.coralfcu.org/index.php/s...ent-calculator
Last edited by nuball5; 04-07-2021 at 02:26 PM.
04-07-2021, 05:05 PM
#20
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Joined APC: Jan 2009
Posts: 1,269
F9 IPOs at $6.3B EV, same as NK?
Originally Posted by GrumpyCaptain
Except being on first year pay, is there an advantage I’m missing to why you would contribute 0%?
You could be trying to diversify into other investment vehicles. Real estate, Roth IRA, even a brokerage account... There are plenty of reasons why people would rather invest their money outside of a 401k, especially when the company is already putting in more than what most people do without the match.
