I worked 24 years for a company that closed up when I was in my mid-forties. Real wake up call as far as retirement goes. My wife and I started thinking about our future a lot. I had a 401k that I hadn't really done much with and my new employer had a company match plan that I now took full advantage of. I only worked there three years. When I left I rolled both of those plans into an annuity. Why an annuity? Because for me I was more concerned about not losing what I had than growth. Fortunately my financial advisor got me in a product that provided both a no loss guarantee and growth. My new job offered a choice of a pension plan or an investment plan. I opted for the pension plan, again more concerned with guaranteed money than growth possible. We decided I would work at least 15 years as that would allow me to keep my employer based health care until Medicare eligible at age 65. But in reality, 65 was a target for retirement. So with this info I could run the Social Security estimator, my pension estimator and I already knew my guaranteed minimum income from my annuity. That allowed me to plan, based on "known" future income for retirement. As it works out my annuity has grown more than I ever thought it would. The numbers worked out that at the completion of my 15 years at my latest employer I could retire at 63.5 years old. My net income will slightly exceed my working income and my living expenses should slightly decrease allowing me to continue my current lifestyle, which is far from extravagant, but is comfortable. I feel very blessed. I talked with a lot of coworkers who have totally different visions than me. Some are working out very well and some are not. No regrets, I did it my way, and I am content with the results. I owe a lot to my financial advisor who got me in the right plan 15 years ago.