PPRuNe Forums - View Single Post - Can Low-Cost pilots make it to retirement?
Old 12th Jan 2007, 06:41
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XL5
 
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Retirement chart origin.

The bumph in the preamble states that a Dr. Ephrem Cheng derived the chart with the study group being retirees of Boeing Aerospace, the data being provided by actual pension payments deposited in the retirees' bank accounts plotted as a function of age.

The impetus for the study - the bumph goes on to state, was that retirement funds with Lucent technologies, AT+T, Lockheed-Martin and others weren't drawing down as expected because retirees weren't living long enough to take out the expected sums.

The study was presented as a lecture in 2002.
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