Jobs That Pay Off in Your Golden Years

Jobs That Pay Off in Your Golden Years

By Heather Boerner, for Yahoo! HotJobs

Between plunging stocks, Bernie Madoff's Ponzi scheme and the seemingly poor health of some of the country's most established companies, it can seem like finding a job that provides good pay and good retirement is about as probable as running across a unicorn on your morning commute.

Not so, says Steve Vernon, president of Rest-of-Life Communications and a former retirement program consultant.

"Maybe it's surprising, but jobs with good retirement benefits are still out there," says Vernon. "They're usually with companies that are profitable and need to attract and keep highly skilled people."

The best retirement programs? A traditional pension -- which is professionally managed and requires no contribution from you -- plus a 401k with a company match. But if you can get a 401k with employer contributions -- with or without a match from you -- you're in good shape, too.

Trades: Electricians, Plumbers, Truck Drivers, Construction

For these jobs, you'll need to sign up with a union to get a good retirement, says Vernon. Unions negotiate and fight for traditional pensions.

"Look for unions that are strong and doing well," says Vernon. "United Auto Workers may offer a good pension, but that's not a good field to enter right now."

Insurance: Underwriters, Actuaries, Accountants, Secretaries

"The insurance industry is in the business of providing benefits, so philosophically, they'll want their employees to experience their own products," Vernon says.

Pharmaceuticals: Sales, Scientists, Marketing, Accountants, Secretaries

Pharmaceuticals is a great industry in which to seek better retirements, because the companies tend to take a long view with their products.

"Drugs are out for many years, and they'll want the scientists to be around for years, too," says Vernon. "And because of benefits law, once they offer good retirement to scientists, they have to offer it to the rank-and-file as well."

Public Employees: Police, Fire, Accountants, Secretaries, Planners, Engineers

Governments may be cutting back now, but if you can snag one of the open jobs, you're likely to be enrolled in a state pension program that can pay you up to 90 percent of your salary at retirement. In California today, for example, 480 state retirees collect more than $100,000 a year in pensions. Most of them are retired police or fire officers or their survivors.


Layoffs are under way in states heavily affected by the housing crisis, but if you can get and keep a teacher job in a public grade school or university, you're likely to get a great retirement program.

"And those plans are often offered to the rank-and-file employees, like aides and secretaries, as well," Vernon adds.


"There's a tremendous demand for any kind of nurse, and some have good retirements," Vernon says.

The key is to find larger hospital systems that can support hefty retirement programs, or a hospital that has a unionized nursing staff. In the past 15 years, registered nurses in particular have fought for and won traditional pensions.

Latest Jobs

Legacy Wealth Alliance
Posted: 05/25/2015
Tempe, AZ, 85284
Posted: 05/25/2015
Houston, TX, 77036
Mattson Resources
Posted: 05/25/2015
Irvine, CA, 92620
Posted: 05/25/2015

Want more personalized results?  Update Your Profile


Monster Communities

Teaching Community
Where teachers meet and learn.
Create and connect.
Networking for the career-minded woman.
Nursing Link
Where nurses call the shots.
More Monster Communities

Monster Partners

Scholarships, financial aid and more ways to pay for school.
Find top campus and online degree programs.
Military portal for the US Army, Navy, Air Force, Marine Corps and Coast Guard.
Financial Aid
Scholarships & financial aid.
Staffing for Government Jobs
Staffing and hiring solutions for federal government agency jobs.
More Monster Partners

Job Hunt Strategy

Six Ways to Make a Recruiter Hate You
If you want to blow your chances with recruiters -- and, by extension, with the companies they work for -- here are six perfect ways to do so.

Resumes & Cover Letters

Rev Up Your Resume to Relocate
Hoping to relocate? Get the ball rolling on landing the right job in the right location with these expert resume and cover letter tips.


100 Potential Interview Questions
Interview questions can run the gamut. You probably won't face all 100 of these, but you should still be prepared to answer at least some of them.

Salary & Benefits

10 Questions to Ask When Negotiating Salary
Most of us aren't natural negotiators, but asking these 10 questions during salary negotiations can help you get everything you deserve.

Employee Sourcing

Alt text
November Monster Employment Index Grows 13% Year-Over-Year, Tenth Consecutive Month of Positive Annual Growth.

For Seekers

Campus and Online Degrees
Advance your career and earn more with an online degree.
Free Salary Wizard
What are you worth? Find out and negotiate a better salary.
Research Careers
Get information on jobs and career paths to help guide your choices
Questions & Answers
Find answers to all your career related questions -- powered by Yahoo! Answers
Resume Distribution Service
Our distribution service puts your resume right in the hands of recruiters.
Resume Writing Services
Our experts will craft a keyword-rich resume that stands out in the crowd.
More Career Resources

For Employers

Career Ad Network
Target your job posting to more candidates on thousands of websites.
Hire Right Background Checks
Explore our background check packages to improve the quality of your hires.
Hiring Home Page
Find the best candidates for your business with Monster hiring solutions.
Job Postings
Find the right solution for your hiring needs. Starting at $99.
Power Resume Search
Monster's new search technology precisely matches people with your jobs.
Resource Center
Find staffing insights, labor trends, HR best practices and more.
Target Post
Connect with skilled, hourly and administrative candidates for only $99.

Social Media

Jobs on Twitter
Find jobs in your area and industry.
Monster Careers
Tune into our career advice and discussions tackling a wide range of topics and industries.
Monster Corporate & PR
Stay up-to-date on the latest news. Get the 'Who', 'What', 'When', and 'Why' on all things Monster related.
Monster Customer Service
Got a Monster question? We've got the answer. Whether you're a job seeker or employer, we can help you find the answers you need.
Monster for Employers
Find advice on hiring.
Follow Us
Check out our many pages and stay connected with the latest industry news, events, career advice and job openings.

Other Links

Monster Company Profiles
Explore companies and get information to guide your career decisions.
Compare Salaries
See how your pay stacks up to others in your field.
iPhone Application
Download the Monster app for iPhone and iPod touch.
Monster Job Seeker Blog
Monster Job Seeker Blog.
Monster Thinking Blog
Monster's Recruitment Trends Blog.
Jobs & Career Resources
Search Jobs:
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2015 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2015.8.0.34-304