retirements (Real world) vs age 65..
11-05-2012, 11:54 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jul 2011
Position: airplane
Posts: 115
retirements (Real world) vs age 65..
I'm just curious.... mainly from those of you working at older/legacy type carriers, what are the retirements looking like in terms of "how many" are actually holding out to 65? Are you finding that there are many that medical out sooner?? or more over, are many just punching out at 62 for SSI or other 60 for military benefits?
just curious what the real world numbers will be like over the next 10 years?
just curious what the real world numbers will be like over the next 10 years?
11-05-2012, 12:42 PM
#2
Gets Weekends Off
Joined APC: Jun 2010
Posts: 220
I'm just curious.... mainly from those of you working at older/legacy type carriers, what are the retirements looking like in terms of "how many" are actually holding out to 65? Are you finding that there are many that medical out sooner?? or more over, are many just punching out at 62 for SSI or other 60 for military benefits?
just curious what the real world numbers will be like over the next 10 years?
just curious what the real world numbers will be like over the next 10 years?
Not to discourage you, but not only are most over-60 pilots not leaving early; many of them who are approaching the mandatory retirement age -- again, for the second time in five years -- are now griping that the retirement age should be raised to 70.
Or, as a fellow pilot so perfectly described the original Fly Past 60 movement many years ago: "I got mine. Now I want yours."
11-05-2012, 01:56 PM
#3
Gets Weekends Off
Joined APC: Jul 2012
Position: AB 320 Captain
Posts: 355
I'm just curious.... mainly from those of you working at older/legacy type carriers, what are the retirements looking like in terms of "how many" are actually holding out to 65? Are you finding that there are many that medical out sooner?? or more over, are many just punching out at 62 for SSI or other 60 for military benefits?
just curious what the real world numbers will be like over the next 10 years?
just curious what the real world numbers will be like over the next 10 years?
11-05-2012, 02:46 PM
#4
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,731
I'm just curious.... mainly from those of you working at older/legacy type carriers, what are the retirements looking like in terms of "how many" are actually holding out to 65? Are you finding that there are many that medical out sooner?? or more over, are many just punching out at 62 for SSI or other 60 for military benefits?
just curious what the real world numbers will be like over the next 10 years?
just curious what the real world numbers will be like over the next 10 years?
If they are 'holding out to 65', it's only because if their company went bankrupt, they have very little money to retire on.
11-05-2012, 05:51 PM
#8
Gets Weekends Off
Joined APC: May 2010
Position: Baja Vermont
Posts: 5,197
Cleaned out PMs, try again.
OP
Think there's old guys in the 121 world, wait til you see the FAR 91 world, if you must. I fly with guys who aren't quitting at past 65, no mention of age to protect the not so innocent.
Long ago the fear of Age 65 was exactly predicted. Guys then didn't want it because 65 would become the standard and they wanted to retire at 60. The smart ones did by paying attention early in their careers. Stay married to Wife One, pay your taxes and don't commute. Two outta three is OK, too.
GF
OP
Think there's old guys in the 121 world, wait til you see the FAR 91 world, if you must. I fly with guys who aren't quitting at past 65, no mention of age to protect the not so innocent.
Long ago the fear of Age 65 was exactly predicted. Guys then didn't want it because 65 would become the standard and they wanted to retire at 60. The smart ones did by paying attention early in their careers. Stay married to Wife One, pay your taxes and don't commute. Two outta three is OK, too.
GF
11-05-2012, 05:53 PM
#9
Da Hudge
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
Any attempts to translate what we've had into valid data are off base and subject to wide margin of error.
11-05-2012, 06:54 PM
#10
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Joined APC: Feb 2008
Position: Urban chicken rancher.
Posts: 6,070
That's not fair. They "don't got theirs" anymore. It's gone. And it was never "yours." It was "theirs" and it was taken away. If "you" were "they" I think you'd get "it."
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