Well put,
I know most of the senior Captains would stay on till they croak and we all know the medicals are a complete joke so without a forced retirement age there will be a SERIOUS pilot shortage since all the good aviation jobs will have zero turnover and knowone will make a career out of working crappy jobs.
Pilot shortage is a myth perpetuated by senior members of pilot unions that got there first jobs with major airlines at 1200 hours and had to fly NDB circling approaches to BFE while now the average applicant for a second rate carrier tops 5000 hr + and your dispatcher will divert you to another airport if the ILS is OTS.
I don't blame the senior capts for staying on as long as they can either since they get the choice routes and the easiest work schedules but please spare me with this 'pilot shortage' bs.