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» Smilin' Jack   » Specific Airline Discussions   » TWA   » Capt. Joe Heaston flys west

   
Author Topic: Capt. Joe Heaston flys west
Roger Moore
Post Captain
Member # 2204

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I see by the TARPA site that Joe Heaston has passed away. He retired about 10 years early. Must have been scared off by Carl Ican. Joe was a great guy. Carl was not.
Posts: 198 | From: Wildwood,Mo  |  IP: Logged
Capn Eddie Ricketyback
Post Captain
Member # 3010

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Sorry about Captain Heaston, who I never knew, but we had a lot in common. I retired about 9 years early, also being scared off by Icahn. The main factor in my early retirement, though, was the opportunity for a lump some payment, thereby removing the opportunity for the company to make future changes in my retirement benefits to my detriment. The downside, of course, was settling for a lot less than I would have gotten had I "stayed the course." Providing, of course, that the company would have survived that long, of which I had great doubts. To my great surprise, it did survive that long, and about 7 years longer.

It worked out fine for me, though, as thanks to a bull market, I was able to manage a very nice lifestyle over the last 30 years. I estimate that I've spent my settlement about 3 times and still have about what I received. That's not considering inflation, but I have 30 years less to live now than I did then. Given my current circumstances, I have no worries about outliving my funds (Wish I did, dammit!).

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Charlie Jennings
Post Captain
Member # 2026

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I agree with everything Roger said -- Joe was, indeed a great guy and Carl was/is, well we all know what Carl was/is!

Charlie

Posts: 54 | From: Foristell, MO  |  IP: Logged


 
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