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Why Sleep Number 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 Sleep Number. 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 Sleep Number 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 Sleep Number. 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 types of retirement savings plans does Sleep Number offer to its employees?

Sleep Number offers a 401(k) retirement savings plan to help employees save for their future.

How can Sleep Number employees enroll in the 401(k) plan?

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

Does Sleep Number match employee contributions to the 401(k) plan?

Yes, Sleep Number provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the maximum contribution limit for Sleep Number’s 401(k) plan?

The maximum contribution limit for Sleep Number’s 401(k) plan is determined by IRS guidelines, which can change annually.

Are there any vesting requirements for Sleep Number’s 401(k) matching contributions?

Yes, Sleep Number has a vesting schedule for its matching contributions, which means employees must work for a certain period to fully own those contributions.

Can Sleep Number employees take loans against their 401(k) savings?

Yes, Sleep Number allows employees to take loans against their 401(k) savings under certain conditions.

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

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

How often can Sleep Number employees change their 401(k) contribution amounts?

Sleep Number employees can change their 401(k) contribution amounts at any time, subject to payroll processing deadlines.

Is there a waiting period for new employees to join Sleep Number's 401(k) plan?

Sleep Number typically allows new employees to enroll in the 401(k) plan after a specified waiting period, which can vary based on company policy.

How does Sleep Number provide information about the 401(k) plan to employees?

Sleep Number provides information about the 401(k) plan through employee handbooks, informational sessions, and the HR portal.

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For more information you can reach the plan administrator for Sleep Number at , ; or by calling them at .

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