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For people that are interested in trades, keep an eye out for partnerships with local community colleges. Right now they're doing accelerated 2 week long "cable harness wiring" bootcamps at my local CC that are worth college credit and if you pass the final certification test, they reimburse your tuition and you get an interview at Boeing.
Often times, if there's a high enough demand in a certain occupation, programs pop up to train people for free.
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@mudball thats true in any country. Here you can retire at 50 and you cant work past 55 unless you have very high rank, and still many people have heart problems especially after retirement. Its sad to see.
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I think that pensions that are 80 or 90 percent of pay are the great exception to the rule. The pension system that I am in has a 1.5% pension factor that is multiplied by the number or years worked to determine the percentage of pay in the pension. So my wife and I will retire in three years and will have 45% of pay. We both are paid in the $60,000 or so range, so it will be about $30,000 per year for 30 years worked. It's nice, but more than fair for the work involved. Also, those who die early or leave the system early tend to subsidize those who work a full career.
The 80 or 90 percent pensions are frequently in situations in which workers do not pay into social security. There are even people who work an entire career paying into social security who lose it by teaching for a few years in a state that does not participate.
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(06-15-2019, 02:57 PM)cardiacclep Wrote: Articles like this only show a narrow slice of the real world. Most people in the trades do not want their family members to follow in their footprints because it is really physically work. My whole family is electricians and plumbers and the wear and tear on the body is a real thing. Busting concretes and hauling toilets around is ok in your 20s and 30s but there will be point to where you cannot do it physically. If you are not business savvy and become a manager/owner of a company you are one bad injury from zero income. Also, the six figure trades are because of immense overtime, meaning you are never home and long days. I know many excellent tradesmen that can be laid off because of seasonal/weather, economic slow downs etc. Just like the bachelor degree path has pitfalls, so does the trades. Like anything, lucking into the right circumstances really helps.
I am going to say that I think this is overstatement. I don't think "most" people in the trades don't want family members to follow along, I personally know a lot of people who are in the trades and encouraged their kids to get into it. My dad was a lineman for 30 years, then taught it for 10. A friend's son just asked about it, and my dad was super enthusiastic about telling him how much he loved it. He declined multiple offers for promotions because there was no chance he was going to sit behind a desk rather than work outside. Yes, he worked some overtime, but not so much that he was "never" around.
And, plenty of people who make a lot in the trades are around to raise their kids. I know, because I know them, and because I was on the board at our local soccer club for several years and saw it first hand. MANY of the dads that coached were able to because they worked in the trades, and got off earlier than dads that sat in offices from 8-5:30 every day. I know my dad worked early, from 6am-2pm for much of the year, and was able to coach baseball because of that.
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