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Why Popular 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 Popular. 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 Popular 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 Popular. 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 savings plan does Popular offer to its employees?

Popular offers a 401(k) retirement savings plan to its employees.

How can employees at Popular enroll in the 401(k) plan?

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

Does Popular provide any matching contributions to the 401(k) plan?

Yes, Popular provides a matching contribution to the 401(k) plan, helping employees maximize their retirement savings.

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

Employees at Popular typically become eligible for the 401(k) plan after completing a specified period of service, usually within the first year of employment.

Can employees at Popular change their contribution percentage to the 401(k) plan?

Yes, employees at Popular can change their contribution percentage at any time, subject to the plan's guidelines.

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

Popular's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Is there a loan provision in Popular's 401(k) plan?

Yes, Popular's 401(k) plan includes a loan provision, allowing employees to borrow against their savings under certain conditions.

How often can employees at Popular review their 401(k) account statements?

Employees at Popular can review their 401(k) account statements quarterly, and they can also access their account online anytime.

What happens to my 401(k) balance if I leave Popular?

If you leave Popular, you can choose to roll over your 401(k) balance to another retirement account, cash it out, or leave it in the Popular plan if eligible.

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

Yes, there may be administrative fees associated with Popular's 401(k) plan, which are disclosed in the plan documents.

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