Road map to retirement

Frontiers August 2014 Issue

Road map to retirement Boeing provides resources for employees at every stage in their careers By Carrie Howard Frontiers August 2014 27 W hen Adam Hoefer joined Boeing as a structural and payload design engineer two years ago, he was just starting to pay off his college loans. But even though retirement was a long way off, Hoefer already had a plan. From his first day on the job in Huntsville, Ala., Hoefer began contributing to Boeing’s Voluntary Investment Plan, or VIP, even though he had his student loan financial obligations. “I’ve had a plan for retirement since starting my career, and I’ve always known that I needed to start saving as soon as I could,” said Hoefer, who works at the Boeing site in Advanced Design and Prototype Solutions, part of the Phantom Works organization with Defense, Space & Security. “Once you set the money aside, you don’t miss it,” he added. Regardless of where employees are in their careers, Boeing provides a range of resources to help them achieve their long-term financial goals, according to Tony Parasida, senior vice president, Human Resources and Administration. But some employees are not taking “Once you set the money aside you dont miss it.” —Adam Hoefer, structural and payload design engineer, Phantom Works PHOTO: ERIC SHINDELBOWER/BOEING


Frontiers August 2014 Issue
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