Retirement

[Immortality]

Aaahhh......such love for ones children.

Not really, there was no kiwisaver when our kids were born but it's free money from govco so you might as well get it where you can.

 

[Dayvo]

I have a mate who was an aircraft technician as his trade. He is one of the most meticulous people I know. Aviation tech means that everything has a place and needs to be accounted for, every nut socket every part has its place and if it's missing or misplaced its no one goes home until that tool etc is found. His shed and roller cab was immaculate. Walk into my shed and everything gets dumped on the parts washer or extra long bench or the wheel barrow when those spaces are full. Then I spend 15 mins looking for the tool I need and give up before grabbing out another. When the pain gets too much I spend an hour or so and clean up.

My father worked in the aircraft industry in the 1960s on the infamous TSR2 in the uk which was eventually scrapped. He had a place for everything and everything in its place and God help anyone who didn't put things back where they found them. Alot of this was also drilled into him from his days in the RAF.

 

[Lex]

I have a friend that used to work in the raaf. Mechanic by trade. He once told me about accounting for all the tools after finishing for the day.

He said that 10 mm socket that you couldn't find after finishing one of the jobs he had done on the jet, he had been working on. Imagine what damage would happen when the jet hit mach 1 or mach 1.5 mach 2 whatever, that 10 mm socket or whatever tool was left lying loose somewhere on the aircraft would do?

 

[figjam]

have a friend that used to work in the raaf. Mechanic by trade. He once told me about accounting for all the tools aftere finishing for the day.

No Maccas wrappers and containers allowed on the floor in aircraft cockpits.
That is the passengers' job in cattle class ........................... although the expensive chairs near the pointy end are usually worse.

I, ( and most probably others on here ), have discovered left over tools in my car after being 'serviced' by Holden. Scored a nice Phillips head on the back seat, and small ring spanners in the engine bay. No sockets, they are small enough to fall out on the road.
Rather considerate of them, makes it easier to finish off their job myself.

 

[Lex]

No Maccas wrappers and containers allowed on the floor in aircraft cockpits.
That is the passengers' job in cattle class ........................... although the expensive chairs near the pointy end are usually worse.

I, ( and most probably others on here ), have discovered left over tools in my car after being 'serviced' by Holden. Scored a nice Phillips head on the back seat, and small ring spanners in the engine bay. No sockets, they are small enough to fall out on the road.
Rather considerate of them, makes it easier to finish off their job myself.

I'm talking about working on jet fighters.

 

[hademall]

No Maccas wrappers and containers allowed on the floor in aircraft cockpits.
That is the passengers' job in cattle class ........................... although the expensive chairs near the pointy end are usually worse.

I, ( and most probably others on here ), have discovered left over tools in my car after being 'serviced' by Holden. Scored a nice Phillips head on the back seat, and small ring spanners in the engine bay. No sockets, they are small enough to fall out on the road.
Rather considerate of them, makes it easier to finish off their job myself.

Yeah so long as the ring spanners haven’t fallen into the fan smashing it into a million pieces exiting out through the radiator and the front grill as your driving home!

 

[vc commodore]

No Maccas wrappers and containers allowed on the floor in aircraft cockpits.
That is the passengers' job in cattle class ........................... although the expensive chairs near the pointy end are usually worse.

I, ( and most probably others on here ), have discovered left over tools in my car after being 'serviced' by Holden. Scored a nice Phillips head on the back seat, and small ring spanners in the engine bay. No sockets, they are small enough to fall out on the road.
Rather considerate of them, makes it easier to finish off their job myself.

I have had a snap on 3/8 drive ratchet and ratchetting screw driver left underneath the bonnet of my car before today....

 

[figjam]

My daughter has been in the same job since school /TAFE, fairly well paid in a specialist job for 25 years.
About 10 years ago I asked her how much super she had. She had no idea. Her boss paid her Super Levy into an account at a well known bank.
Which bank ?
It didn’t matter because “It isn’t my money” according to her. “Like hell”, or similar words, was my reply. Soon got that perception sorted.

I showed her how much I had accumulated over the same period, and she could not believe what I had. This amount included salary sacrifice contributions, which were not available with her fund. But no SGL contributions, which were not available to me as I was in a 'grandfather-ed'
Super Scheme.
So, I recommended that she transfer to the same fund as me, as employees now had the choice of fund selection, and that opened a can of worms that explains why people miss out on substantial payments in retirement.

It took my financial advisor about a month to get her funds from Which bank.
When she told me how much it was, my reply was “BS !!! there has to be more”.
It was finally found that she had two accounts, the ‘missing’ account was titled some strange name, and had life insurance, and mortgage insurance payments being made from it. She had no idea about any of that ............ Sign here, thanks for coming, see ya,..............
My financial adviser had been asking the wrong questions, and Which bank had not been forthcoming with useful information and answers.
End result, about 15 years employer’s contributions, less insurance, and crap % returns amounted to less than $50K.
If she had carried on regardless, she would have found that by age 67, she may have had another $100K. Not good enough.
Maybe after the Banking Commission, these sort of rip-offs are finished.

Since then, with a bit of knowledge and education on how it all works, she is miles ahead.
I don’t know what she has now, but she acknowledges that swapping has made a big difference to what financial position she is likely will be in by 2045.

Back onto retirement …….. I am not going into my situation because I am ‘lucky’ and had it ‘easy’ ………. so I have been told.
But, at present, I have no worries about spending money on what I like. Just annoys me that during the past 2+ years, we have not been able to travel as planned to reduce our kids inheritance. Haven't seen Wave Rock, and now, probably never will.
And I am glad I resisted the urge to buy one of the last VFs, considering the problems that members seem to have with them.

 

[figjam]

I'm talking about working on jet fighters.

I was talking about JetStar Bombers.

 

[afstruct]

Yeah so long as the ring spanners haven’t fallen into the fan smashing it into a million pieces exiting out through the radiator and the front grill as your driving home!

Throw a cold ( not frozen ) chicken into a turbofan = does soooo much more damage !!!!