6 of 12
BACK NEXT
Bill Chitwood - Worried about outsourcing
Process operator, 46
Greenwood, Ind.

I feel like I have lost a lot of my buying power in the last 7 years. I've worked at one of the largest companies based in Indiana for the last 27 years. I have had 2 raises in the last 7 years.

I have been saving about 20 percent of my pay in my 401k during those 7 years and now have close to $450,000, but now when I could really use some decent returns is when the market is down.

I also do not feel very good about my job security. My previous job at this company was contracted out in 2004, but I was lucky enough to find a comparable job from within.

My company now is in the process of contracting many more jobs out. I worry that one of them will be mine. I am in the process of selling my home in a depressed market so I will be ready if my job is contracted.

NEXT: Erik Krohn - Living within his means

Last updated August 28 2008: 4:39 PM ET
More Galleries
17 cool gadgets that tease the future Smart telescopes, surveillance for dogs, an electric roadster and more from CES 2018. More
These 12 airplane beds let you really sleep on a flight For the price of a premium class ticket, you may just get a space that's comfortable, private, and quiet enough to ensure a good rest. More
CES 2018 kicks off with oddball gadgets The biggest tech show of the year opened with a collection of quirky gadgets. More

Special Offer