SKYHIGH is in for a surprise
#41
Survival
Median Income in Hoboken is $62,550 (household).
Just to put things into perspective, the median U.S. houshold income is $46,326.
Also, median income for workers over 25 years old with a Bachelor's degree is $43,143, with a median household income of $68,728.
I wonder how all of these people can survive on incomes of less than $75k, I guess they all must be living like 23 year olds.
Just to put things into perspective, the median U.S. houshold income is $46,326.
Also, median income for workers over 25 years old with a Bachelor's degree is $43,143, with a median household income of $68,728.
I wonder how all of these people can survive on incomes of less than $75k, I guess they all must be living like 23 year olds.
Skyhigh
#42
Banned
Thread Starter
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
My mans right, for what the airlines ask us to sacrifice, it is a disgrace that I go to work everyday for $23/hr, Honestly I dont know how people respect what I do when I make so little, and it is not easy to move up, and if your lucky enough to move on, YIPPIE back to the bottom of the payscale once agian as well as a Seniority system that can allow someone to just be "stapled" to the bottom of a list............... I have to admit I wonder why I am doing this, I love to fly, but lets face it 121 isnt really flying, yes a circle to land 29 in EWR is fun but that happens every once in 3 months, I dont know I just think we as a pilot group better get some PAY and QOL back to make this "Bull****" all worth it.............
#43
Excellent
My mans right, for what the airlines ask us to sacrifice, it is a disgrace that I go to work everyday for $23/hr, Honestly I dont know how people respect what I do when I make so little, and it is not easy to move up, and if your lucky enough to move on, YIPPIE back to the bottom of the payscale once agian as well as a Seniority system that can allow someone to just be "stapled" to the bottom of a list............... I have to admit I wonder why I am doing this, I love to fly, but lets face it 121 isnt really flying, yes a circle to land 29 in EWR is fun but that happens every once in 3 months, I dont know I just think we as a pilot group better get some PAY and QOL back to make this "Bull****" all worth it.............
The sad fact is that it will only get worse. We all must either deal with the shortcomings or more on to a better life.
Skyhigh
#44
Banned
Thread Starter
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
PS. I think in todays economic environment, however, CEO's and shareholders do not care about their company being #1, they care about their bonuses and as long as they have their millions they could care less about the people that are the soul of the airline............the EMPLOYEES who have taken concessions to allow the company to only stay afloat long enough for the CEO's to take large bonuses, I just dont understand how this can happen, Look at the concessions AA pilots took, the AIRLINE is finally making money, not becuase of the CEO's brilliant leadership, but becuase of the Employees busting their asses..................and rather than give it back to the employees those greedy BASTARDS STOLE millions from them!!!!!!!!!!!!!!!!!!!!!
#45
Gets Weekends Off
Joined APC: May 2006
Position: Student Pilot
Posts: 849
It is nice to see so many pilots are that eager to let their wives/girlfriends/husbands take on most of the household functions and childraising since as pilots we are gone most of the time. Why, most pilots have to hire others to mow the lawn since they are not there to do it. And now it seems that pilots are also becoming comfortible with letting their spouses provide most of the income as well.
Eventually I would think that the spouse who is left behind to take on all the household chores and pay all the bills will wonder what that husband/wife is good for anyway?
Women must be the most generious gender of them all. I am sure that most men would be very upset if their wives wanted to run off to follow their horse dreams while leaving the men home to figure out how to take care of the children and pay for everything.
What a proud bunch we have become.
SkyHigh
Eventually I would think that the spouse who is left behind to take on all the household chores and pay all the bills will wonder what that husband/wife is good for anyway?
Women must be the most generious gender of them all. I am sure that most men would be very upset if their wives wanted to run off to follow their horse dreams while leaving the men home to figure out how to take care of the children and pay for everything.
What a proud bunch we have become.
SkyHigh
#46
I don't know many 23 year olds making $75k. Even the best paid college grads aren't much above the $60k mark. I'm assuming four year degree only. I was an engineer living in a relatively low cost area making about $55k a year in my third year. It would take me close to 10 years to hit $75k. Sure, I could make that if I moved to LA or DC, but it wouldn't go much further than my $55k in St Louis. Considering the average household income in the United States is under $50k, $75k for a single income is still doing pretty well. Remember also that many jobs outside of the airline market have superior benefits which make up for a good bit of the pay gap.
My brother graduated as a systems engineer (undergrad) in May (after a long military stint) and had three job offers around $80K. One offer was at CAT in Peoria, which is not exactly a high-cost-of living town. That's starting salary, plus he had some signing incentives.
$75K might work right up until the time that you realize that you're tired of busting your ballz just to get by.
Also I suspect that you might not be saving adequately for retirement...you will need at least $1M (million, 10^6) to fund a modest retirement. Of course you don't need any retirement planning at all if you just intend to live off of social security
#47
Gets Weekends Off
Joined APC: Jan 2006
Posts: 762
Ok here is a better question to ask, what do you consider a liveable income to be?? Considering that you would just be getting by at $75k.
Also, just for clarification, I am in no way saying that the current airline pay is justified.
Also, just for clarification, I am in no way saying that the current airline pay is justified.
#48
Banned
Thread Starter
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
It all depends on where you live...........................what kind of lifestyle you want to live, for what my $390,000.00 apartment got me, well my g/f , in Northern NJ could have bought a compound in TX, but who the hell wants to live in Hillbilly Texas
#49
-Own an upper-middle class home in a major urban area (or a modest ranch/farm in the sticks).
-Furnish your home.
-Own 2 reasonable cars.
-Save for retirement: 15% to 401k PLUS another 10-15% to personal investment vehicles. If you start at age 22, the 15% to the 401k might be enough but most folks don't start that young. For retirement planning you need to assume that you will live to age 90...that's where the trend is going and you don't want to be a burden to your kids. You will need at least $1 Million to retire modestly, more if you want to be very active and/or retire earlier than 60.
-Afford a couple of nice vacations each year.
-Pay for day care and other kiddie expenses.
-Save for college (x2).
-Own a cabin or time-share condo.
-Own a boat, airplane, dirt bikes, or other hobby item (your wife will want her own hobby...maybe a horse).
This all assumes an somewhat upper-middle class lifestyle. I can positevly 100% guarantee you that SJS will NOT allow you to be satisfied living a lower-class lifestyle for the next 30-40 years...it only lasts for 6-12 months.
I know a number of regional CA's who get by fine on $80-90K, but they all have somehing going for them...either the spouse works, or they made out in the real estate boom. A big real-estate score can pretty much provide the retirement fund....now all you need is beer money. Since we are having this conversation, I assume that you didn't do real-estate in 1999 and instead will have to save for your own retirement.
#50
Gets Weekends Off
Joined APC: Mar 2007
Position: Heavies
Posts: 1,414
All you ever talk about is how your GF makes 100,000........shut up already.... we dont care about the 335 and your rice burning honda....
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