Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
5 great day trips from Sydney Standout escapes just a short journey from Australia's largest city. More
New cameras go weird, wearable - even old school Meet the new crop of digital cameras, an eclectic group each with a very particular set of skills. More
Exploring 10 great cities for business in Asia From Shanghai to Tokyo, Mumbai to Hong Kong, here's how to make the most of the days between the deadlines. More

Special Offer