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Edwards Lifesciences Employees: Discover the Rising Trend of 'Work for Pleasure' in Your Retirement Journey

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A recent Fidelity Investments poll illuminates new trends in the ever-changing retirement planning landscape.  Notably, 66% of respondents envision a phased-in approach to retirement, which deviates from the conventional full-stop strategy.  This choice shows a shift towards flexible retirement solutions across generations, as evidenced by the significant interest shown by both Gen Zers and millennials.

The wide-ranging implications of this trend point to the necessity of flexibility in retirement advice and planning when preparing to retire from Edwards Lifesciences. The departure from traditional retirement models highlights a more comprehensive reassessment of retirement goals and work-life balance, reflecting shifting perspectives toward the end of your Edwards Lifesciences career. Advisors who want to fulfill their Edwards Lifesciences clients' complex needs must have a thorough understanding of these preferences as retirement planning continues to change.


A growing number of retirees who desire social connection and intellectual stimulation in addition to financial security are adopting the idea of 'Work for Pleasure' in phased retirement, a viable option for Edwards Lifesciences employees.  According to an American Psychological Association study, continuing to work after retirement can enhance mental well-being, increase life satisfaction, and facilitate the transition to complete retirement. Retirement is now seen as a new chapter with opportunity for learning, growth, and contribution rather than as an end. This is especially true for seasoned professionals from high-ranking roles. 

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Retirement is becoming less and less like the unexpected curtain call at the end of a play and more like a well planned art display. Similar to how an exhibition progressively moves from one theme and era to another, providing visitors with an extensive array of experiences, the modern retirement trip, as defined by Fidelity Investments, takes place in stages. With this method, people can combine the elegant brushstrokes of their personal passions and hobbies with their professional creations. Today's retirees and soon-to-be retirees find joy and fulfillment in doing work that pleases them, much like an artist who paints for the love of art even after their formal career has concluded. This is creating a retirement experience that is as nuanced and fulfilling as a well-curated gallery.

What type of retirement plan does Edwards Lifesciences offer to its employees?

Edwards Lifesciences offers a 401(k) savings plan to help employees save for retirement.

Does Edwards Lifesciences match employee contributions to the 401(k) plan?

Yes, Edwards Lifesciences provides a matching contribution to employee 401(k) contributions, subject to certain limits.

How can I enroll in the 401(k) plan at Edwards Lifesciences?

Employees can enroll in the Edwards Lifesciences 401(k) plan through the company's benefits portal during the open enrollment period or upon hire.

What is the eligibility requirement for the 401(k) plan at Edwards Lifesciences?

Generally, all full-time employees of Edwards Lifesciences are eligible to participate in the 401(k) plan after completing a specified period of service.

Can I change my contribution percentage to the Edwards Lifesciences 401(k) plan?

Yes, employees can change their contribution percentage to the Edwards Lifesciences 401(k) plan at any time through the benefits portal.

What investment options are available in the Edwards Lifesciences 401(k) plan?

The Edwards Lifesciences 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, allowing employees to choose based on their risk tolerance.

When can I start withdrawing from my Edwards Lifesciences 401(k) plan?

Employees can typically begin withdrawing from their Edwards Lifesciences 401(k) plan without penalty at age 59½, subject to plan rules.

Is there a loan option available through the Edwards Lifesciences 401(k) plan?

Yes, Edwards Lifesciences allows employees to take loans against their 401(k) balance, subject to specific terms and conditions.

How often can I make changes to my investment allocations in the Edwards Lifesciences 401(k) plan?

Employees can typically make changes to their investment allocations in the Edwards Lifesciences 401(k) plan on a quarterly basis or as specified in the plan documents.

What happens to my Edwards Lifesciences 401(k) plan if I leave the company?

If you leave Edwards Lifesciences, you can roll over your 401(k) balance to another retirement account, withdraw the funds, or leave the balance in the plan, depending on the plan’s rules.

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For more information you can reach the plan administrator for Edwards Lifesciences at One Edwards Way Irvine, CA 92614; or by calling them at (949) 250-2500.

*Please see disclaimer for more information

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