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. > >Glen, K9STH > >Website: http://k9sth.com > > >--- On Sun, 1/17/10, Anthony Monteiro <aa...@comcast.net> wrote: > > > From: Anthony Monteiro <aa...@comcast.net> > > Subject: Re: [amsat-bb] Re: Life Members > > To: "Glen Zook" <gz...@yahoo.com>, "Amsat BB" <amsat-bb@amsat.org> > > Cc: aa...@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 > > > > > > > > > > > > >_______________________________________________ >Sent via amsat...@amsat.org. Opinions expressed are those of the author. >Not an AMSAT-NA member? Join now to support the amateur satellite program! >Subscription settings: http://amsat.org/mailman/listinfo/amsat-bb _______________________________________________ Sent via amsat...@amsat.org. Opinions expressed are those of the author. Not an AMSAT-NA member? Join now to support the amateur satellite program! Subscription settings: http://amsat.org/mailman/listinfo/amsat-bb
