In the past, many people stayed at one job, or at least one company, for almost their entire working lives. When they retired, they could typically count on a pension, the value of which was based on their years of service and earnings.
But today, workers can expect to hold several different jobs in their lifetime, and to a great extent, pensions have been replaced by 401(k) plans, which place much of the funding responsibility on employees.
So, assuming you will change jobs at some point, and you do have a 401(k), what should you do with it?
Christmas is right around the corner and yet, there are so many things left to be done before I feel I have completed my home and tidings of joy for the season. Everyone has their last-minute stops that take priority, while others work to complete as many job obligations, so that they have many opportunities to begin new family traditions for the New Year. Just last week my friend Georgia was talking about her sisters and her mother, all taking some time to whisk and whirl about the Coates’ family kitchen. She wondered if this might be a new tradition, as this 2010 year had taken her grandmother and her father; although the bowls were quite full, the tears were full that day with joy and sadness.
No matter how dangerous your job may be, there is someone out there who does something that requires a little more risk.
Whether it be someone in the armed forces, a window cleaner in a large city or a Secret Service agent, there are some jobs that require a certain amount of risk that just isn’t associated with other jobs.
With that being said, pretty much every one of us, no matter what we do for a living, is taking a very big chance just by getting on the roads and heading to work each day, especially if we are driving there in our own vehicles.