To save jobs, shipping giant FedEx froze 401 contributions and minimize all salaried workers' pay for 2009. Other prime executives had been reduce by 7.5% to 10%, and the rest of the salaried employees received a 5% hit. The firm made these cuts despite the very fact that it was nonetheless profitable—it was looking ahead to an anticipated downturn in transport attributable to the sluggish financial system.

The highway to retirement is a protracted one and we can help you to take the…