The pilot shortage is over:
03-16-2024, 04:52 AM
#93
Gets Weekends Off
Joined APC: Jul 2008
Posts: 5,016
AA is still planning on 1800+ new hires a year for many more years out IF the 321XLR and Max8s show up on time but nobody hired now will see the upward seniority movement like 2021/early 22 hires. Some of those pilots never sat reserve as FOs and now can already hold a line as LGA737 captains if they so choose.
03-16-2024, 06:14 AM
#94
Clear ECAM
Joined APC: Oct 2014
Posts: 934
Why do you believe this? AA’s hiring wave started later than Delta’s and AA has about 50-60% more retirements annually for about the next five years.
03-16-2024, 04:54 PM
#95
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,330
I'm old enough to have experienced the lost decade from the very bottom of it. It stunk. But my rational comes from the fact I have no one in my family tree that has made it more than a frew years past 65. I want to make sure I have time off to enjoy this fine income before it's too late for me.
03-16-2024, 09:46 PM
#96
Gets Weekends Off
Joined APC: Apr 2022
Posts: 1,161
Why? What would happen to you at 85 if you ran out of 401k? Walk us through it. You reverse mortgage your house, you collect what SS there is, if you truly go broke, you can apply for elderly subsidized housing. That’s a scenario that keeps one up at night? I’m thoroughly confused.
03-17-2024, 12:16 AM
#97
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,639
03-17-2024, 10:34 AM
#98
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,330
Why? What would happen to you at 85 if you ran out of 401k? Walk us through it. You reverse mortgage your house, you collect what SS there is, if you truly go broke, you can apply for elderly subsidized housing. That’s a scenario that keeps one up at night? I’m thoroughly confused.
03-17-2024, 12:03 PM
#99
Gets Weekends Off
Joined APC: Feb 2018
Posts: 425
Call me spoiled, but I would like to avoid being broke and old, I was broke when I was younger, and I am getting older, can't say I like either..... And I would like to leave my kids at least the family home. My in-laws are also rapidly approaching 90 and still lliving without help. All 4 still travelling and enjoying life until well past 80. Good chance I will be in that position, so that is what I plan for. If that means working longer and harder: my choice, my problem.
03-17-2024, 02:30 PM
#100
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,490
If you're making in excess of $200k per year, retire at normal retirement age and run out of money at 85, you didn't plan very well.
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