Skip to main content

"I grew up in a household where saving and paying yourself first was key," explains Nancy Paddison, PTA, BA, of MD Anderson Cancer Center in Houston, Texas.

"Prior to coming to MD Anderson, I saved on my own and was always putting money into retirement and stock accounts," says Paddison, who is certified as a lymphedema specialist by the Lymphology Association of North America. "I saved something from every paycheck and put it away every month. Now I've been able to build up a good amount of retirement money."

Paddison's experience reflects the "new normal" of retirement planning. Previous generations could expect to retire comfortably on Social Security and pensions, but things are more complicated today. Pension plans are practically nonexistent, and most retirement programs today are "defined contribution" rather than "defined benefit" — with no promise that the retirement program will provide a specific amount of income.

Log in or create a free account to keep reading.


Join APTA to get unlimited access to content.


You Might Also Like...

Perspective

Taking Control of Your Financial Future: 3 APTA Resources That Can Help

Apr 30, 2021

It's never too late to start holding yourself accountable for your money management.

Perspective

In a Few Minutes, Access a Wealth of Financial Resources

Apr 9, 2021

APTA is here to help you take control of your financial future.

Quiz

What Do You Know About PT and PTA Student Debt? Take Our Quiz

Apr 5, 2021

APTA is raising awareness about debt burden and providing support through the APTA Financial Solutions Center.