interbiznet.com
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August 1, 2002 Way back when, a loyal employee stayed with the same company for life. Twenty to thirty years was the norm. The average length of employment today is about 5 years. The tight labor market is causing many to consider switching jobs every two to three years. It is hard to resist the possibility of increasing your wages and experiencing exciting new opportunities. With this in mind, you need to think about your retirement planning. With a long list of employers, you may find that you did not stay long enough to vest in the pension plans. You need to take control of your financial future. The Pension and Welfare Benefits Administration (PWBA) has long list of helpful publications, such as, Top 10 Ways to Beat the Clock and Prepare for Retirement and Women and Retirement Savings. There is an interesting (though slightly dated) article on CNNfn, Quit your job, not savings It's too easy to squander retirement money when you change jobs, that is worth a read as you move forward with planning for your future. Check out the related articles at the bottom of the CNNfn page.
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