AIP Rumor Mill
09-12-2020 | 08:33 AM
#22
Gets Weekends Off
Joined: May 2009
Posts: 3,076
Likes: 3
From: The GF of FUPM
This. I'm 61 this month and want nothing more than to walk away. Since we had just about the worst EO program in the industry, my next choice was going to be VF. That would give me full furlough pay plus approximately 2 years medical, if it lasted that long. I would have no intention of returning. I'm just looking for a bit of a bridge to 65, not an entire ride. Now I'm afraid that will be gone. Almost any other airline, I would already be gone. I just learned a friend took a 2 year SRL (called "surfer leave") at Hawaiian. 50 hrs, full benefits. To me, that's an EO. At the end, I'd resign.
I'm still going to walk. It will take me a few months to strategize and at least my 5 months of SL will have the same hourly rate.
United is the only airline selling the "snapback" fantasy to their employees. It's not going to happen IMHO. With 4 years to go, I might have the same QOL by my last year that I had in Feb of this year. And it wasn't even that great, 23 years doesn't buy much here.
I'm still going to walk. It will take me a few months to strategize and at least my 5 months of SL will have the same hourly rate.
United is the only airline selling the "snapback" fantasy to their employees. It's not going to happen IMHO. With 4 years to go, I might have the same QOL by my last year that I had in Feb of this year. And it wasn't even that great, 23 years doesn't buy much here.
09-12-2020 | 08:42 AM
#23
Line Holder
Joined: Feb 2011
Posts: 67
Likes: 0
Maybe because they are most likely to avoid downgrades if there is not a furlough-just a guess.
09-12-2020 | 09:03 AM
#25
Gets Weekends Off
Joined: May 2009
Posts: 3,076
Likes: 3
From: The GF of FUPM
Jim,
Its money. What's the magic number for a couple? My dad made it to 93. That's a long time to live off of savings, especially when one considers health care concerns. I've already done a hell of a lot of damage to my liver, so I have that going for me!
No MIL pension here and my PBGC benefits are 300 dollars per month. SS might be 2800. No inheritance money coming. And I don't live in the boondocs nor care to.
I'd love to know that magic number.
Its money. What's the magic number for a couple? My dad made it to 93. That's a long time to live off of savings, especially when one considers health care concerns. I've already done a hell of a lot of damage to my liver, so I have that going for me!
No MIL pension here and my PBGC benefits are 300 dollars per month. SS might be 2800. No inheritance money coming. And I don't live in the boondocs nor care to.
I'd love to know that magic number.
09-12-2020 | 09:42 AM
#26
Gets Weekends Off
Joined: Jan 2012
Posts: 203
Likes: 0
09-12-2020 | 10:10 AM
#28
Gets Weekends Off
Joined: Dec 2013
Posts: 501
Likes: 0
Jim,
Its money. What's the magic number for a couple? My dad made it to 93. That's a long time to live off of savings, especially when one considers health care concerns. I've already done a hell of a lot of damage to my liver, so I have that going for me!
No MIL pension here and my PBGC benefits are 300 dollars per month. SS might be 2800. No inheritance money coming. And I don't live in the boondocs nor care to.
I'd love to know that magic number.
Its money. What's the magic number for a couple? My dad made it to 93. That's a long time to live off of savings, especially when one considers health care concerns. I've already done a hell of a lot of damage to my liver, so I have that going for me!
No MIL pension here and my PBGC benefits are 300 dollars per month. SS might be 2800. No inheritance money coming. And I don't live in the boondocs nor care to.
I'd love to know that magic number.
09-12-2020 | 10:55 AM
#30
Gets Weekends Off
Joined: May 2009
Posts: 3,076
Likes: 3
From: The GF of FUPM
Therin lies the rub. There's lifespan and then there's the quality of that span. In my state the average cost of a full-time nursing home is approaching ten grand per month. That kind of money can decimate a retirement portfolio in fairly short order. Unless you started very young and were very aggressive and a bit lucky. It's a moving target.
Plus, I like toys. None of the calculators I have seen say, "And you can afford (to buy, maintain and feed) one of these!"
Plus, I like toys. None of the calculators I have seen say, "And you can afford (to buy, maintain and feed) one of these!"
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