If you have a 401k benefit, you have a portable pension that you can take with you from job to job -- roll it into an individual retirement account when you're done.

If you don't have a 401k benefit, you can fund an IRA yourself.

Many folks are learning the hard way that you really don't want to bet your retirement on a single company remaining both solvent and honest for the next 70 years.

I'm young (24), so I guess I'm coming from a different mindset (entitled millennial here!), but the thought of working at a single place for life gives me nightmares.

Sure, companies 'evolve' (for better or worse) and theoretically your job changes as you climb the ladder, but surely you job learning and loving work if you do the same thing for 40+ years?

I guess this is the difference between people who see work as an obligation vs an opportunity.

They don't get them in Japan either as companies go out of business.

Many large company jobs are de facto jobs-for-life. But things sometimes get boring mid-way into careers.

University jobs as well. Almost no way to get fired, unless you are just flagrantly negligent. Huge amounts of paid time off, generally flexible hours. Middling salary but generally great benefits. Boring but stable and predictable. Some people like that.