TED74

We’re trying to locate where an extra $1.25M comes from outside of income from Delta. If we’re talking about 6ish percent returns on equities, you earn $1.25M over two years on capital of roughly $10,000,000. So sure, you lose some earnings on what you no longer have in your retirement account. But it’s no where near what folks are talking themselves and others into.

You don’t even have to be good at math. Fidelity can run you some numbers for free. It’s worth it.

TED74

I’ll tell you what…your math looks great. Good chat; best of luck to you!

SideStickMonkey

Dude, I called you out for using nonsensical numbers. I see your math. Bad input = bad output.

It doesn’t take showing your work to see you’re using some bad assumptions and questionable numbers.

Puddytatt

Come on man. Clearly if you make $500k a year +17%, you get to count ALL of that without any reduction via expenses that the pilot who didn't get to work those 2 extra years has to count via their 401k withdrawals.

Herkflyr

Yep. I'm actually against raising the age, as it is amusing to see how guys only "see the light" about the unfairness of Age 65 only when they themselves are approaching retirement (but it wasn't "unfair" a decade earlier).

That said, the math is pretty easy. Age 66. Senior WB captain. If you are flying, you can make $500K without too much effort, and you get 17% (or higher) to add on to the significant retirement accounts that you should have accrued over a career. You are not only not tapping into any savings at all, retirement or not, but you still are adding to them, and probably in a significant manner (house is likely paid for by now, kids are likely on their own, etc). Or, you could be enjoying retirement, but the spigot of impressive income and company-provided contributions to retirement have gone to zero. That's not bad at all--enjoy retirement that you have earned! But the math is real, and math doesn't have agendas--only numbers.

Scoop

Otherwise known as the Entwistle. Not a bad way to go. Just google it.

Scoop

BlueSkies

Hah!

Is this trolling? This has got to be trolling right?

If it's not trolling, then I nominate this post for "Most Tone Deaf Post of 2024."

Lifeson2112

Just 2024? How about of the decade?

Gunfighter

Who?

.

Gunfighter

/S/ If you work til 65 you need to fund 17 years of retirement. If you work til 67, you only need to fund 15. That's a 12% reduction in retirement years. The benefit is even bigger than 12%, because you are eliminating the two healthiest, most active, able bodied years of your retirement. /S/

I'm resisting the siren song of correcting math errors on the internet. Can we just accept the financial calculations as proof of cognative decline and move on?