FedEx Hiring
02-09-2015, 03:31 PM
#351
Gets Weekends Off
Joined APC: Jul 2007
Position: 767 Captain
Posts: 3,989
Someone that can live? 30 years....
Someone that can fly? 30 years....
Someone that can not complain? 30 years....
live in Memphis?
not have an incident?
live to retirement +1 day and then die?
All of the above?
02-09-2015, 04:58 PM
#352
Gets Weekends Off
Joined APC: Jun 2008
Position: Retired, again...
Posts: 608
FDA/Cologne
Hey Guys,
I just read a news feed that said that Germany now offers free tuition and some other perks to US students.
Might. That be of interest to anyone considering Cologne with college age dependents ??
Regards,
BG
" college tuition"
I just read a news feed that said that Germany now offers free tuition and some other perks to US students.
Might. That be of interest to anyone considering Cologne with college age dependents ??
Regards,
BG
" college tuition"
02-09-2015, 05:45 PM
#353
Gets Weekends Off
Joined APC: Jan 2015
Posts: 174
CGN is my goal but only have a 5 year old. Darn!!!!
Sent from my iPhone using Tapatalk
02-09-2015, 07:30 PM
#355
Slainge Var'
Joined APC: Oct 2006
Position: Zeppelin Tail Gunner
Posts: 1,530
Someone who can sing karaoke at the Cage for 30 years?
02-09-2015, 11:32 PM
#356
Avoiding Memphis
Joined APC: Apr 2005
Position: Intl Feeder Jet
Posts: 504
Just because I am not one of the 12 angry men does not mean that I am some newbie who is wet behind the ears or a management plant. I have been registered on this site eight years longer than you and have twice as many posts, which you could easily have seen by looking to the left.
So let's move on to the relevant discussion about how we make this company a better place to work rather than throwing spears at each other, OK?
02-10-2015, 03:45 AM
#357
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
Just kidding. I couldn't resist.
02-10-2015, 04:24 AM
#358
Gets Weekends Off
Joined APC: Jan 2015
Posts: 174
02-10-2015, 07:16 AM
#359
Gets Weekends Off
Joined APC: Dec 2007
Position: Retired
Posts: 404
Have you looked at this on a spreadsheet? Does ALPA have one?
I played with some numbers, assuming a FO for ten years, maxed out his retirement, average salary of 130,000. Then a CA for 15 years, average salary of 260,000, maxes out his contribution, but no catch up. I came up with $2,445,000 assuming 8% return. There are mutual funds with long term records who meet or exceed that. Sure it goes up and down. That's why you need to be diversified. I don't know what $2.4M gets you after taxes though. I'm not that smart. If you took 6% of that $2.4M a year out, that's roughly $140,000 a year. That's not too bad in retirement.
I get $3.5M if you go to the 16.5% B-fund.
Public Math Warning ... I'm an engineer by trade, not a financial professional or mathematician.
I played with some numbers, assuming a FO for ten years, maxed out his retirement, average salary of 130,000. Then a CA for 15 years, average salary of 260,000, maxes out his contribution, but no catch up. I came up with $2,445,000 assuming 8% return. There are mutual funds with long term records who meet or exceed that. Sure it goes up and down. That's why you need to be diversified. I don't know what $2.4M gets you after taxes though. I'm not that smart. If you took 6% of that $2.4M a year out, that's roughly $140,000 a year. That's not too bad in retirement.
I get $3.5M if you go to the 16.5% B-fund.
Public Math Warning ... I'm an engineer by trade, not a financial professional or mathematician.
02-10-2015, 07:44 AM
#360
Organizational Learning
Joined APC: Nov 2005
Position: Directly behind the combiner
Posts: 4,948
With only a Defined Contribution plan, you should plan to die when the money runs out.
.
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