PPRuNe Forums - View Single Post - What are you Pilots going to do when you retire?
Old 15th July 2005 | 07:38
  #23 (permalink)  
Scottie
 
Joined: Jun 2001
Posts: 436
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From: Peoples Republic of EU
Spinnaker wrote

I know some really good fishing spots, and places to sail. Beer to brew, House to paint, garden to dig, social life to live and family to enjoy. All of these things I used to do before flying. Welcome back life
Replace "flying" with "work"! Any job that pays the big bucks (over 60k) these days makes you work your ar*e off!

My father spoke to the pensions actuary at his electronic engineering firm 15 years ago (before he retired). The actuary told him on average they paid out pensions for only 4 years on average.

Every year from 60-65 that you work reduces your expected lifespan by a huge amount. I hope to be at least part time by 55 (10 days a month). Will probably work till 60 if I'm happy to do so.

I save 1/3 of my salary into investments and pensions every month and have done so since my first flying job so hopefully will be able to choose when I retire

But got no kids yet and everyone who has kids seems to be working to 60 now

Once I've retired I'll learn to fish and do my hobbies. Mrs Scottie will still be in full time work so will get the house to myself... I may of course be living in a bedsit by then
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