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Why Amica Mutual Insurance Employees Can Thrive in Retirement Without a Bucket List

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The first few years of retirement are frequently a time of transitions for many, including those leaving Amica Mutual Insurance. It is a critical period that can influence the next few decades financially and emotionally. At the age of sixty-six, Wall Street Journal distinguished editor Stephen Kreider Yoder announced his retirement. His wife, sixty-seven-year-old Karen Kreider Yoder, followed suit. Their experiences, highlighted in the 'Retirement Rookies' column each month, demonstrate a departure from conventional retirement preparation. They emphasize crafting adaptable, meaningful experiences that serve as a foundation for future undertakings over following predetermined bucket lists.


This approach to retirement highlights a larger movement among individuals reimagining their post-employment years. By focusing on personal development and continual exploration, retirees can ensure a fuller, more satisfying experience. This narrative offers invaluable insights for Amica Mutual Insurance employees looking to maximize their life-changing retirement years.

Recent studies by the American Psychological Association (APA) underline the advantages of the Yoders' method of unstructured retirement planning. The research indicates that retirees adhering rigidly to their pre-planned bucket lists report lower levels of satisfaction and fulfillment compared to those who engage in activities based on their own interests and whims. This suggests that a flexible retirement lifestyle can lead to more fulfilling and significant experiences, an important consideration as employees transition from structured careers to the freedom of retirement.


In the Retirement Rookies column, Stephen and Karen Kreider Yoder share their journeys and offer a fresh perspective on retirement planning. Learn why they're passing on typical bucket lists in favor of flexible, meaningful experiences, and how this strategy might enhance your post-work years at Amica Mutual Insurance. Discover how embracing an unstructured retirement can lead to increased contentment and pleasure, setting the stage for a rewarding future.

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Forgoing a conventional retirement plan is akin to sailing a ship without a defined course. Retirees like the Yoders choose to navigate the waters of their golden years with the liberty to uncover new horizons as they appear, rather than charting every port of call. This method, much like a sailor discovering new adventures in uncharted waters, allows them to encounter unexpected joys and experiences, enriching each day with personal growth and satisfaction.

What type of retirement plan does Amica Mutual Insurance offer to its employees?

Amica Mutual Insurance offers a 401(k) retirement savings plan to its employees.

Does Amica Mutual Insurance provide a company match for its 401(k) contributions?

Yes, Amica Mutual Insurance provides a company match for employee contributions to the 401(k) plan.

At what age can employees of Amica Mutual Insurance start participating in the 401(k) plan?

Employees of Amica Mutual Insurance can typically start participating in the 401(k) plan as soon as they meet eligibility requirements, usually at age 21.

How can Amica Mutual Insurance employees enroll in the 401(k) plan?

Employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

What investment options are available in the Amica Mutual Insurance 401(k) plan?

The Amica Mutual Insurance 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Can employees of Amica Mutual Insurance take loans against their 401(k) savings?

Yes, Amica Mutual Insurance allows employees to take loans against their 401(k) savings under certain conditions.

What is the vesting schedule for the company match at Amica Mutual Insurance?

The vesting schedule for the company match at Amica Mutual Insurance typically follows a graded vesting schedule, which means employees gradually earn ownership of the match over time.

How often can employees of Amica Mutual Insurance change their 401(k) contribution amounts?

Employees of Amica Mutual Insurance can change their 401(k) contribution amounts at any time, subject to plan rules.

What is the maximum contribution limit for the Amica Mutual Insurance 401(k) plan?

The maximum contribution limit for the Amica Mutual Insurance 401(k) plan is set by the IRS and may change annually; employees should check the latest limits for accuracy.

Does Amica Mutual Insurance offer any educational resources regarding the 401(k) plan?

Yes, Amica Mutual Insurance provides educational resources and workshops to help employees understand their 401(k) plan options and investment strategies.

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For more information you can reach the plan administrator for Amica Mutual Insurance at 100 Amica Way Lincoln, RI 2865; or by calling them at (800) 652-6422.

*Please see disclaimer for more information

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