What profession has the best retirement?

Professions with the best retirements often involve public service (police, firefighters, teachers, government workers) or highly regulated/specialized industries (utilities, finance, actuarial science), thanks to strong pensions, good benefits, and early retirement options, though tech (software developers) and healthcare (nurses) also offer pathways for early retirement, while roles in utilities and aircraft manufacturing show high employer contributions, notes US News Money and BenefitNews.

Which jobs have the best retirement?

Jobs that pay off in your golden years

• Trades: Electricians, Plumbers, Truck Drivers, Construction. ...
• Insurance: Underwriters, Actuaries, Accountants, Secretaries. ...
• Pharmaceuticals: Sales, Scientists, Marketing, Accountants, Secretaries. ...
• Public Employees: Police, Fire, Accountants, Secretaries, Planners, Engineers. ...
• Teachers.

What jobs make $3,000 a month without a degree?

What jobs make $3,000 a month without a degree?

• Dental Assistant. Dental assisting is one of the best-paying jobs you can start with no degree. ...
• Medical Assistant. ...
• Electrician or HVAC Technician. ...
• Delivery Driver or Courier. ...
• Office or Administrative Assistant. ...
• Security Guard. ...
• Real Estate Agent.

What do the happiest retirees do?

SunLife's 2025 Life Well Spent report, which surveyed more than 2,000 adults age 50 and older, found that the happiest retirees spend 43 more minutes per week in nature and significantly less time watching TV than unhappy retirees. (Image credit: SunLife, Life Well Spent Happiness Report, 2025.)

Can I retire at 62 with $400,000 in 401k?

You can retire at 62 with $400k if you can live off $30,200 annually, not including Social Security Benefits, which you are eligible for now or later.

5 Part Time Jobs That Make Retirement SO Much Better

What is the average 401k balance for a 65 year old?

For a 65-year-old, the average 401(k) balance is around $299,000, but the more representative median balance is significantly lower, at about $95,000, indicating many high savers pull the average up, with balances varying greatly by individual savings habits, income, and other retirement accounts. 

How long will $750,000 last in retirement at 62?

With careful planning, $750,000 can last 25 to 30 years or more in retirement. Your actual results will depend on how much you spend, how your investments perform, and whether you have other income.

How many Americans have $1,000,000 in retirement savings?

Only a small fraction of Americans, roughly 2.5% to 4.7%, have $1 million or more in retirement savings, with the percentage rising slightly to around 3.2% among actual retirees, according to recent Federal Reserve data analyses. A higher percentage, about 9.2%, of those nearing retirement (ages 55-64) have reached this milestone, though the majority of households have significantly less saved. 

What is the number one mistake retirees make?

The top ten financial mistakes most people make after retirement are:

• 1) Not Changing Lifestyle After Retirement. ...
• 2) Failing to Move to More Conservative Investments. ...
• 3) Applying for Social Security Too Early. ...
• 4) Spending Too Much Money Too Soon. ...
• 5) Failure To Be Aware Of Frauds and Scams. ...
• 6) Cashing Out Pension Too Soon.

What are the 3 R's of retirement?

The Three R's of Retirement: Resiliency, Resourcefulness & the Renaissance Spirit.

What skill pays $100 an hour?

To earn $100 an hour, professionals typically need specialized expertise in high-demand fields such as executive consulting, advanced IT services, legal counsel, or medical specializations, often backed by advanced degrees or certifications.

What jobs pay $5000 a week without a degree?

$5000 per week no degree jobs

• Virtual Sales Representative. All Star Life Group. ...
• Live Streamer. The Shark Tank. ...
• Life Insurance Agent. Anchor Life Strategies LLC. ...
• Pool Maintenance Laborer. America's Swimming Pool Co. - ...
• Janitor Mornings. ...
• Create a profile on Indeed. ...
• Remote Sales Representative. ...
• Daycare Teacher Aide.

What is the most fun job that pays well without a degree?

12 fun jobs you can do without a degree

1. Freelance photographer. National average salary: $40,658 per year Primary duties: Freelance photographers offer photography and photo editing services as a freelancer. ...
2. Security guard. ...
3. Flight attendant. ...
4. Personal trainer. ...
5. Bartender. ...
6. Line cook. ...
7. Groundskeeper. ...
8. Firefighter.

What is the best career to start at 60?

Becoming a trainer or an educator in a specific trade is one of the best careers for seniors over 60: You'll be able to share your knowledge of your craft and inspire the next generation. You might try connecting with your local trade school to see if they have any available openings for educators or trainers.

What is the easiest job but pays good?

15 Easy Remote Jobs That Pay Well

1. Administrative Jobs. Median Salary: $54,739. ...
2. Bookkeeping Jobs. Median Salary: $48,716. ...
3. Customer Support Jobs. Median Salary: $53,450. ...
4. Data Entry Jobs. Median Salary: $45,447. ...
5. Graphic Design Jobs. Median Salary: $51,821. ...
6. IT Support Jobs. ...
7. Marketing Coordination Jobs. ...
8. Medical Coding Jobs.

How do I stop boredom in retirement?

Plan what you want to do before you retire

Terry offered this simple but powerful advice: “If you have nothing to do, keep working. Otherwise, you'll be bored.” Planning retirement is NOT just about your finances—it's about knowing how you'll spend your time.

What is the biggest regret in retirement?

Not Saving Enough

If there's one regret that rises above all others, it's this: not saving enough. In fact, a study from the Transamerica Center for Retirement Studies shows that 78% of retirees wish they had saved more.

What is the golden rule for retirement?

The gist is that ideally you would spend 4% of your retirement portfolio each year in retirement, adjusted for inflation. For example, if you retired with $1 million in savings, you'd withdraw $40,000 the first year and a bit more each successive year, based on the inflation rate.

What does Suze Orman recommend for retirement?

Once you pay off the house, I want you to keep making monthly payments—to yourself. Invest that same amount in a Roth IRA. If you follow a few simple rules, you'll be able to withdraw all the money in retirement without paying a penny of tax.

Can I live off the interest of 1 million dollars?

Yes, you can likely live off the interest of $1 million, but it depends heavily on your annual expenses, location, and investment strategy; using the 4% Rule suggests about $40,000/year (plus inflation adjustments), but a more conservative approach or lower spending might be needed to last, while higher-risk/return investments (like S&P 500) could yield more, like $100,000 annually before taxes, notes SmartAsset.com and Investopedia. 

What age is best to retire?

To maximize savings and investments, you might have to work until you're 67 or longer. Or maybe you should quit when you're 62 and still healthy and active. If getting Medicare means everything to you, 65 is a good age to consider.

What does Suze Orman say about taking Social Security at 62?

Orman explained that you can start Social Security as soon as 62, but that you shouldn't. She said: "Don't settle for a reduced Social Security benefit. If you are in good health, the best financial move you can make is to not claim Social Security before you reach your full retirement age."

How many Americans have $500,000 in their 401k?

Believe it or not, data from the 2022 Survey of Consumer Finances indicates that only 9% of American households have managed to save $500,000 or more for their retirement. This means less than one in ten families have achieved this financial goal.

How much do you have to make to get $3,000 a month in Social Security?

To get around $3,000/month in Social Security, you generally need a high earning history, around $100,000-$108,000+ annually over your top 35 years, but waiting to claim until age 70 maximizes this amount, potentially reaching it with lower yearly earnings, say under $70k if you wait long enough, as benefits are based on your highest indexed earnings over 35 years. The exact amount depends heavily on your specific earnings history and the age you start collecting benefits.