jetcareers - View Single Post - Age 65 will be in place within two months

Boom Boom · September 14th, 2007, 09:04

Part of the problem w/ age 65 for us Trash Haulers, flying back side of the clock is hard on the body now do it for 5 more years and walla, retire at 65 then die at 66... I would rather retire at 60 and die from liver desease drinking Margaritas at some carribian location then 1 year out of the cockpit!

Also look at wages.. Not only have they not gone up but gone down.. So if it takes 5 more years as an F/O; 5 more years will never make up for the $$$ lost due to compounding interest (assuming some investment), the amount of your retirement fund, inflation, etc.. Your money loses its purchasing power over time...

September 14th, 2007, 09:04	#50
Boom Boom Junior Member Join Date: May 2007 Location: Graceland Posts: 67	Re: Age 65 will be in place within two months Part of the problem w/ age 65 for us Trash Haulers, flying back side of the clock is hard on the body now do it for 5 more years and walla, retire at 65 then die at 66... I would rather retire at 60 and die from liver desease drinking Margaritas at some carribian location then 1 year out of the cockpit! Also look at wages.. Not only have they not gone up but gone down.. So if it takes 5 more years as an F/O; 5 more years will never make up for the $$$ lost due to compounding interest (assuming some investment), the amount of your retirement fund, inflation, etc.. Your money loses its purchasing power over time...