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Why Home Depot 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 Home Depot. 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 Home Depot 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 Home Depot. 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 is the Home Depot 401(k) plan?

The Home Depot 401(k) plan is a retirement savings plan that allows employees to save for retirement through pre-tax contributions, with the option for after-tax contributions as well.

How does Home Depot match contributions to the 401(k) plan?

Home Depot matches a percentage of employee contributions to the 401(k) plan, helping employees to increase their retirement savings.

What is the eligibility requirement for Home Depot's 401(k) plan?

Employees are generally eligible to participate in Home Depot's 401(k) plan after completing a certain period of service, typically 30 days.

Can Home Depot employees take loans against their 401(k) savings?

Yes, Home Depot allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan.

What investment options are available in Home Depot's 401(k) plan?

Home Depot's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

How can Home Depot employees access their 401(k) account information?

Home Depot employees can access their 401(k) account information through the company's benefits portal or by contacting the plan administrator.

What happens to my Home Depot 401(k) if I leave the company?

If you leave Home Depot, you have several options for your 401(k), including rolling it over to another retirement account, cashing it out, or leaving it in the Home Depot plan if eligible.

Does Home Depot offer financial education resources for 401(k) participants?

Yes, Home Depot provides financial education resources to help employees make informed decisions about their 401(k) savings and investments.

Are there any fees associated with Home Depot's 401(k) plan?

Yes, Home Depot's 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.

Can I change my contribution rate to the Home Depot 401(k) plan?

Yes, Home Depot employees can change their contribution rate to the 401(k) plan at any time, subject to the plan's guidelines.

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