Remember when I asked the question at Queercents, “Why did you cash out your 401(k)?” Your comments were my inspiration for a guest post yesterday over at the Shifting Careers blog.
Marci Alboher, the Shifting Careers columnist for The New York Times, invited me to post about work and money. While our 401(k) might lack the sizzle of other financial topics, the treatment of these funds throughout our career is what will set us apart in retirement.
If you’re not familiar with her Shifting Careers column and blog, Marci is also known as the author of One Person/Multiple Careers: A New Model For Work/Life Success (reviewed here). We were introduced last year when I was writing for BlogHer and she participated in the Ten Money Questions series.
Yesterday’s post begins with this:
In the last decade, I’ve had six different employers. I work in technology where it looks like 18 to 24-month stints will likely be the norm for the foreseeable future. Try explaining this to my mother who has saved every business card of my illustrious career. Each time I’ve changed jobs or ahem, been “smartsized,” I’m confronted by the decision to “cash out, leave put or rollover” funds from my 401(k). Apparently, I’m not alone in this dilemma.Continue reading at Shifting Careers.