What to Do If Your Job Doesn’t Have Retirement Benefits

What to Do If Your Job Doesn’t Have Retirement Benefits
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Anne Johnson
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Maintaining a quality of life when you retire is vital. But you can’t work forever, and Social Security may not be enough. Many companies provide retirement plans to help with future goals. Pension plans are long gone, but most companies have a 401(k) plan available.
But what if your company doesn’t have anything? You could change companies in the hopes of better benefits or chart your retirement course. What are your options?

Individuals Without Retirement Benefits

More than a third of the private sector doesn’t have a work-sponsored retirement plan available. This number jumps for millennials, with more than two-thirds without a plan. About half of Gex Xers participated in a plan, while 56 percent of baby boomers took part in one.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.
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