[amsat-bb] Re: Life Members
kl7uw at acsalaska.net
Sun Jan 17 11:35:11 PST 2010
Probably a method more personal to one's finances is compare your
paycheck at the time getting the life membership with what one is
paid, today. If I do that for 1985 vs 2009 I get 92K/15K = 6.13 Of
course It will not do for me to use 2010 pay as that is only
Unemployment ;-) I still pay my full annual Amsat dues as I was not
smart enough to get a life membership in early years. In July I will
apply for my soc. sec. and try to live on 1/3 of working years pay.
I do appreciate organizations that have a retired dues level. Of
course for ham radio memberships that would be the majority - oops!
73, Ed - KL7UW
At 09:54 AM 1/17/2010, Glen Zook wrote:
>If you use the calculator that I referenced you will come out with
>the figures that I quoted. There are several ways of measuring the
>worth and those are shown on the calculator. Using the consumer
>price index as the basis the figures are correct. Using other
>things as the basis you will definitely come up with different figures.
>--- On Sun, 1/17/10, Anthony Monteiro <aa2tx at comcast.net> wrote:
> > From: Anthony Monteiro <aa2tx at comcast.net>
> > Subject: Re: [amsat-bb] Re: Life Members
> > To: "Glen Zook" <gzook at yahoo.com>, "Amsat BB" <amsat-bb at amsat.org>
> > Cc: aa2tx at comcast.net
> > Date: Sunday, January 17, 2010, 11:27 AM
> > At 12:03 PM 1/17/2010, Glen Zook
> > wrote:
> > > ...
> > > Based on the consumer price index, the $50 that I
> > spent for my life membership back around 1970 is today the
> > equivalent of right at $3300! That is 66 times in
> > "absolute dollars". Compare that to the present life
> > membership fee of $880. That means that we who
> > obtained our life memberships back in the early 1970s paid
> > 3.75 times what new life members are paying.
> > >
> > > If you don't believe these figures then do the
> > calculations on the following website:
> > >
> > > http://www.measuringworth.com/uscompare/
> > ...
> > Hi Glen,
> > I appreciate your sentiment about the fact that
> > AMSAT needed the money back then but I don't think
> > your math is correct. $1 in 1970 is equivalent to
> > around $5.50 - $6.00 in todays dollars depending
> > on how you compare it.
> > Using the "Measuring Worth" web site, the CPI
> > equivalent value of $50 in 1970 is $277.17
> > in 2009 dollars.
> > 73,
> > Tony AA2TX
> > AMSAT VP Engineering
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