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Why Edwards Lifesciences 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 Edwards Lifesciences. 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 Edwards Lifesciences 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 Edwards Lifesciences. 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 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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