One needs a 75h pic before going multi no?
“Only my observation, but I think the best bet for having both money and time relatively quickly is…… "
To form a recording group? To be a football/tennis etc player? 
Being a football or tennis player isn’t a bet – if you are one, you already won one.
My brother was talent-spotted and invited to join one of those football academies and my parents soon figured it out – a tiny proportion of the kids would actually make it as professional footballers, and the others would end up with a few passes at GCSE due to the amount of time they spent playing football. Not necessarily a bad bet if you were the sort of kid who would only get a few passes at GCSE anyway, but quite a poor bet if you had better prospects.
I have asked perhaps 10-20,000 people ‘so what do you do for a living?’ over the past few years and have met just a few 40-somethings who have sold their tech businesses and retired. Other than that, younger people have always inherited in one way or another. There are a fair number of people who have had jobs in finance or law and retired in their 50s then moved out of London so benefited from the property boom. Then of course there are the people who don’t tell me the truth – a lot of seemingly poor people have quite a lot of money to throw around and I only ever find out how they made their money in the local paper.
There’s clearly a balance to be found between having lots of time and having lots of money. Either without the other is generally fairly miserable. A 4 day week would suit me quite well, but that doesn’t seem to be on offer for most of us, which leaves early retirement. Many people seem fit enough that I could imagine them being well enough to continue flying into their mid 70s and often mid 80s – if that was what they chose to do – so being older is probably one’s most realistic prospect of having both money and time.
For me the best way get more time and money to spend on flying in the near future would probably be to get my wife and children on board of the plane. Then flight time would no longer be seen as “wasted” for the family, and it is easier to spend money on something we all benefit from rather than just a hobby of mine.
However, as long as I am still very inexperienced as a pilot my wife doesn’t want to fly with me, which is somewhat understandable but doesn’t really help me to get more experience…a vicious cycle!
Re the posts on a doctors salary by @Peter and @kwlf
Peter is right that the NHS cannot be compared directly with the German (Or many other continental) health system(s). Doctors on the mainland are usually not government employees (The irony being here that I am, indirectly, because my hospital is run by the state of Lower Saxony). Most Germans do pay for health insurance (it is in fact legally mandated to have it, but some people drop out if the system by never paying their bills). The insurance system pays for a nearly every useful therapy in existence and then some. After the insurance fees are paid there are usually no further costs for the patients. This makes it similar to the NHS again insofar as many people think of their insurance premiums as a “flat rate”: they pay once a month (on average 15% of your salary, deducted right from your salary if you are employed) and then expect to get EVERYTHING they deem necessary or desirable out of the system.
A coronary PCI (to use one of Peter’s examples) or MR imaging and the like won’t cost you anything extra.
This leads to the German system being the second most expensive in the world at about 11% of GDP, beaten only by the hilariously expensive American health system at some 16% of GDP (UK at 8 or 9% IIRC).
This “get the best available medicine for a small monthly fee” system only didn’t collapse yet because German doctors get a modest salary by comparison (about the figures posted by kwlf, maybe slightly lower when adjusted for the exchange rate) and very few make the several 100k figures. And if you do, you usually don’t have time to spend that money. Owners of a surgery work there for 55 hours a week on average, not counting all the accounting and bureaucratic work they do at home. Hospital doctors usually have 40 or 42 hour work weeks on paper, but work a lot more in reality, including lots of shift work and even 24 hour shifts. I’m posting this from one now. .
How about to become a pilot?
I know quite a few of airline pilots who (once in their 40’s) start having enough money & enough time (flying intercontinentally) and aren’t yet affected much by jet lags.. Many get into ownership or a syndicate with fellow airline pilots it seems
How about to become a pilot?
+1 That’s what most people actually do. I mean professionally, and is the obvious and perhaps only real solution if you want to fly as much as possible without worrying about time and money.
We are in late socialists Europe, so whoever is real wealthy tends to not show it, even often overly dresses low to hide from potential ‘the wealthy’ genocide.
Yes, I do fly quite a lot, but many hours commuting to project based self-employed work. Does that enotionally count the same as the Sunday-for-a-coffee hours of leisure flying? I doubt.
No, I am not particularly wealthy. In fact, I will definitely face retirement poverty as the government collects most of my dispensible money to feed themselves and give to those unable or unwilling to make their own living.
Yes, I take the freedom of self-employment to also take a day off to fly around the bushes, but these are rare occassions in typical 70+ hours of work weeks. I just enjoy it to the day my medical will not renew.
We are in late socialists Europe, so whoever is real wealthy tends to not show it, even often overly dresses low to hide from potential ‘the wealthy’ genocide.
Socialists are losing elections all over Europe. I think most Europeans favour capitalism over socialism, but capitalism has increasingly failed the population since the 70s, most notably in the 2009 financial crash when those responsible for the misery of millions of people got away scott free and now are richer than ever while the rest of the population is squeezed between rising costs of living, sinking real wages and jobs moving abroad.
But let’s avoid a major thread drift here: Most non-pilot have little idea of how much piston planes cost to buy or operate. For some they are seen as rich man’s toys, suitable and affordable only for the most wealthy. Others see every plane without jet engines as a dangerous contraption for suicidal adventurers.
Overall I don’t think GA loses or misses many pilots through societal envy.
I think most Europeans favour capitalism over socialism
I would say it’s a different axis that divides the modern European society than socialism vs capitalism in the ordinary sense.
For some they are seen as rich man’s toys.
I have never really experienced that perception. Rich people fly expensive planes like Cirrus and up, or helicopters, but they do tend to use them to get around. Otherwise people perceive it as a hobby, recreation, like boats or car or a country house or whatever. The amount of money used on boats alone will dwarf private GA by a factor 1000 at least, probably much more.
