Whether you’re 55 or 25, saving for your retirement should be on your mind. As our Qualified Benefits Manager, Cathy Johns advocates for retirement readiness at L&P. Here are her Top 5 Tips toward retiring comfortably.
1. Start somewhere. It’s funny how the most critical tip is also the simplest. If you’re not yet saving for retirement, just start somewhere. Nobody else is saving for you! Even a minimal effort to start is better than nothing.
2. Maximize your match. Many companies offer contribution matching programs, so contribute at a level that allows you to receive the most match you can. Don’t walk away from free money!
3. Choose your investments. While lots of programs have default investment options, you don’t always have to go with them. Evaluate your risk tolerance and choose which investment options are right for you.
4. Name your beneficiaries. This isn’t too difficult to do, but it’s very important. Naming your beneficiaries can also bring you (and your loved ones) peace of mind.
5. Continually monitor and budget. Saving for retirement probably shouldn’t be a “set it and forget it” event. We recommend periodically examining your situation and altering your budget for the ups and downs life brings. Then, you can fine-tune and adjust the amount you’re saving as you go.
It’s time to party! Even though our founders were born 7 years and several states apart, they coincidentally shared a very special day every March 6th.
Happy Birthday to the duo who started it all!
Throughout March, we’re highlighting people, places, and products within our Residential Products segment. First up, meet Javier Montano with Vertex Fasteners.
Vertex develops, manufactures, and distributes fasteners (such as clips, staples, nails, and rings), fastening tools, and fastening machines used in the assembly of many products.
Vertex primarily serve the markets of upholstered furniture, bedding, automotive seating, cages and traps, and fencing and razor wire. Serving this many distinct markets means serving many different customers, which is where Javier shines. As International Sales Manager, he interacts with customers around the world every single day.
Tell us about your background.
I have a background in Industrial Engineering, although for most of my career, I have worked in the technical side of sales. For almost 20 years, I worked for a company in the gas and welding industry, leading a marketing and business development unit as well as a team of welding applications experts. Continue reading
We love our coffee here at L&P. Apparently, Cornelius Platt did too.
Here’s an ad from his venture into wholesale groceries with George Porter (this was in addition to his partnership with J.P. Leggett). Legend has it that in 1926, Platt and Porter roasted and ground 200,000 pounds of green coffee beans that yielded 165,000 pounds of coffee.
For your best sleep yet, the Sleep Chill + Mattress Protector from our Consumer Products Group uses advanced Aere™ Crystal gel-infused fibers that cool the surface while wicking away any heat and moisture. The ultra-soft fabric also provides a soothing, luxurious feel for maximum comfort.
If you want to get to know Leggett & Platt, you should get to know our people first. What better way than by seeing a few of their favorite things?
Mary’s role: Business Profitability Analyst in LBSO (which stands for Leggett Business Systems Office)
Job in a nutshell: Building and maintaining financial models to help our business units allocate general ledger costs to customers and products.
Want to see more? Check out a few Office Must-Haves from the past.
