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#31
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annual interruptus
Ummm... what if we save enough to pay OURSELVES?
At 59? Dave (60 days away, and "nothing " is not the plan) On 22 Feb 2007 17:23:13 -0800, "Jay Honeck" wrote: Jay, go spend a week in a classroom and then say teachers shouldn't be able to retire with 30 years at full pension. The average life expectancy of a teacher is 5 years in the classroom. Why should we pay any young person to sit around doing nothing? Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to make paying every 55 year old to sit around doing nothing work, mathematically. Unless you've found some new actuarial tool that I've never seen. |
#32
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annual interruptus
Oh Crap.. shoudda read on, I am not a teacher.
Sorry.. Dave On 22 Feb 2007 17:23:13 -0800, "Jay Honeck" wrote: Jay, go spend a week in a classroom and then say teachers shouldn't be able to retire with 30 years at full pension. The average life expectancy of a teacher is 5 years in the classroom. Why should we pay any young person to sit around doing nothing? Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to make paying every 55 year old to sit around doing nothing work, mathematically. Unless you've found some new actuarial tool that I've never seen. |
#33
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annual interruptus
Jay Honeck wrote: Things sure have changed since I was born in '58. Ha! You're an old man. I was born in 59. As for retirement, nobody retires. They just change gigs and say they are retired, but keep earning money one way or another. It's what keeps you young. John |
#34
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annual interruptus
1st- She was in her second year teaching. 1 year after my son was in her class he got married and pregnant and stayed home with her new baby. Hasn't returned to teaching. If HE got married and pregnant, HE wouldn't have ever worked a day in HIS life again. HE would be able to write a book on how HE got pregnant and retired very wealthy. Jim |
#35
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annual interruptus
("RST Engineering" wrote)
HE would be able to write a book on how HE got pregnant and retired very wealthy. [Book excerpts] "When a man and a woman love each other very, very much..." "Beer belly?" "Nope, preggers." "C-Section?" "Nope. Natural birth." "Um, ...WHY?" "I heard it gets a little bigger afterwards." "When the doctor offers to have you cut the cord, please cut ONLY the cord." "That's your focal point???" "Yeah. What's wrong with it?" "It's a football game!" "Better still, I've got my contractions timed to the commercials." "Oh look, it's all purple, and shriveled, and gooey." "What, the baby?" "Yes, what did you think I meant?" Montblack :-) |
#36
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annual interruptus
Ross wrote:
Jay Masino wrote: Jay Honeck wrote: Anyway, the point is that no 55 year-old person should be contemplating "retirement" in 2007. That's weird, I'm only 44 and not a day goes by where I don't contemplate retirement. I'm pretty sure I won't work past 59 1/2 (401K withdraw age) unless I get some airport related "retirement job". --- Jay Curious, what is your plans for insurance? However, you are only 44 and a lot can change. I am 61 and that is a concern. My company has good insurance plan. It would be costly to retire, but I am ready. -- Jay Masino "Home is where My critters are" http://www.JayMasino.com http://www.OceanCityAirport.com http://www.oc-Adolfos.com |
#37
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annual interruptus
On Fri, 23 Feb 2007 23:07:45 -0400, Dave
wrote: Ummm... what if we save enough to pay OURSELVES? At 59? Dave (60 days away, and "nothing " is not the plan) On 22 Feb 2007 17:23:13 -0800, "Jay Honeck" wrote: Jay, go spend a week in a classroom and then say teachers shouldn't be able to retire with 30 years at full pension. The average life expectancy of a teacher is 5 years in the classroom. Why should we pay any young person to sit around doing nothing? Nowadays, 55 is YOUNG -- VERY young -- and there is simply no way to make paying every 55 year old to sit around doing nothing work, mathematically. Unless you've found some new actuarial tool that I've never seen. Keem them young people working to support us retired ones. BTW, had I not gone back to college I'd have had enough time in to take full returement at just over 52 working in the chemical industry. Roger Halstead (K8RI & ARRL life member) (N833R, S# CD-2 Worlds oldest Debonair) www.rogerhalstead.com |
#38
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annual interruptus
RST Engineering wrote:
1st- She was in her second year teaching. 1 year after my son was in her class he got married and pregnant and stayed home with her new baby. Hasn't returned to teaching. If HE got married and pregnant, HE wouldn't have ever worked a day in HIS life again. HE would be able to write a book on how HE got pregnant and retired very wealthy. Jim That "S" key is so far over to the left of the keyboard I forget about it some times. |
#39
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annual interruptus
BTW, had I
not gone back to college I'd have had enough time in to take full returement at just over 52 working in the chemical industry. I doubt those types of retirement plans will be around much longer. (Well, except for our ruling class, of course.) Medically, there is no justification for them, and actuarily, they can't be sustained. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#40
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annual interruptus
On 19 Feb 2007 05:17:40 -0800, "Denny" wrote:
Well, Fat Albert still sits on jacks at Steve's shop... Not much happening... The vaunted new engine hoses have yet to arrive despite being paid for in advance... The #1 radio was sent out to the radio shop - the King KI-214 VOR heading had suddenly gone off about 12 degrees - though the ILS was working right... He started out mumbling about some tuning capacitors that change value, but what he found was a dirty pot in the KI-214... He was able to spray it with cleaner and get it working again... He left it on the test bench over night and it held alignment... But, says he can't get certified replacement pots any more so if it goes out again the 214 is junk... Having spent part of my life in industrial electronics I have no doubt I can install a pot of the proper value and taper... The problem is it won't be certified if I do and the radio shop will refuse to align it with an uncertified pot... sigh The #3 radio was tuning erratically... We decided to look at it ourselves before sending it out... Found the kilocycle tune knob was turning on the shaft at times... Managed to take the fancy, schmancy knob with it's ultra tech wedge screw mechanism apart and repair it... So, that is good to go now... : Note to manufacturer: Ya know, a simple set screw has worked for 80 + years, why get complicated? So, on to week #3... "I wanna go flying!" sob, sob Which reminds me, I have a few photos of "Albert" at one of EAA Chapter 1093's pancake breakfasts. The files are pretty big to e-mail. denny Roger Halstead (K8RI & ARRL life member) (N833R, S# CD-2 Worlds oldest Debonair) www.rogerhalstead.com |
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