Jumpkix
New member
I am still active duty and my contract doesn't end till November next year. However, the military is down sizing and offering a decent check to get out. For me being an E6 with 11 years in I may be able to get a 45k check. My wife can work while I go to school full time. From what I'm seeing I can get my private license, commercial rating and CFI (cert. flight instructor) within 8-10 months. It won't take me much to sell off some toys/tools and cook up another 10-15k. I may even be able to pay cash for the whole school.
I have also been thinking of getting my private license out of the way before I get out. I make a lot more than my wife can so I can easily pay cash for my private cert which will run about 12k.
The GI Bill won't pay for the private cert but I can use it for the commercial cert. the good thing about using the GI Bill once I'm out is that it will not only pay for my school but it will also give me an additional ~$1500 per month to help pay for housing.
Once I'm done with school I will definitely need to get my hours up so I can get experience and be able to fly bigger aircraft and make more mulah. It seems like that's the harder part because not a lot of companies hire rookie pilots due to insurance reasons. There are companies out there that will pay 20-30 bucks an hour for a rookie pilot though for small jobs. That's not a bad way to log hours. I can also use some of my time as a flight instructor to log hours and it will help reduce the cost of me getting flight time.
I would definitely pay cash for your private cert if you can. Personally, I hate borrowing money unless it's for a house. But this also gives you flexibility to change course again if you want to. Given all your flight experience in the military, I think you're pretty set on what you want to do and you're not like majority of people who say they want to spend a pile of money to go do something they might like, and then decide afterwards that it's not for them. Again, I know that's not you, but it's always nice to have options, and not have debt or payments.
Just make sure that getting out is the right decision for you. If it is, make sure you have a well thought out backup plan. Be very diligent about setting aside some money in retirement every month. (I'm not trying to come across as condescending at all, but it's scary how little people invest in retirement.) Again, you're a smart dude and I don't think that will be an issue you will encounter. I think the biggest challenge will just be hustling and working your butt off to get certified and start logging hours. However, if there's huge demand for heli pilots in your area, then you should be a slam dunk candidate with your resume and experience, assuming you don't wear a tuxedo to the interview...
PS-As far as the PNW goes, I know they are always hiring pilots like crazy. I work next to the Hillsboro airport, and there are tons of students training there constantly in the Robinson R22s. Seems like job placement is excellent, but you would have to do your own research on that.