I work in retail and have a 401 k but it is not adding up fast enough. Other companies that would take 6 years manager experience?
2007-05-16 14:24:33 · 4 answers · asked by Michael R 1 in Business & Finance ➔ Personal Finance
I wouldn't rely upon your current employer or future employer to secure your retirement. I'd take that responsibility yourself.
Step 1: Live beneath your means. Whatever you earn, live like someone who earns 10% less (and this is perfectly possible, because you know there are people in your neighborhood who do exactly that).
Step 2: Invest that 10% in your 401k, with company match if applicable, and invest it appropriately for your age.
Step 3: Own your own home, rather than renting.
That's how to secure a good retirement.
Good luck,
Doug
2007-05-17 06:46:29 · answer #1 · answered by Doug M 4 · 0⤊ 0⤋
Anything in Oil & Gas. There are defined benefit and pension programs that aren't going away in the near future. In just about any other industry, a pension is about as good as social security.
2007-05-16 14:28:13 · answer #2 · answered by ptstrobl 3 · 0⤊ 0⤋
US military. You can retire in your late 30s if you start when you are 18.
2007-05-16 15:50:15 · answer #3 · answered by Nelson_DeVon 7 · 0⤊ 0⤋
A Ford Plant pays A LOT and there is no School degree for it eighther. They have good plans to.
2007-05-16 14:32:47 · answer #4 · answered by a5683e 2 · 0⤊ 0⤋