\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t(Photo: Jacob Blanck, CC BY-SA 4.0, via Wikimedia Commons)<\/p>\n
\t\t\t\t\t\t\t\t\t\t\t\tby Selena Hill <\/p>\n
July 15, 2026<\/p>\n
An Arizona Costco cashier built more than $1 million in retirement savings <\/p>\n
A longtime Costco cashier is proving that even everyday workers can become millionaires. <\/p>\n
Tony Barzar, 60, has spent nearly four decades with the warehouse retailer, growing his retirement savings to more than $1 million while working an hourly job in Tucson, Arizona. Today, he earns $32.90 an hour, owns a three-bedroom home with a pool, and has traveled to Europe twice\u2014all thanks to decades of steady employment, disciplined investing, and Costco\u2019s employee benefits, reports Moneywise<\/em>.<\/p>\n Barzar began working for Costco\u2019s predecessor<\/a>, Price Club, in 1986, collecting shopping carts in a parking lot for $5.85 an hour. When the company transitioned to a 401(K) retirement plan in 1993, he began contributing a portion of every paycheck to the account. His strategy was simple: keep contributing as his wages increased<\/a> and let compound growth do the heavy lifting.<\/p>\n Looking back on his financial journey, Barzar admitted he never imagined where his career would lead.<\/p>\n \u201cI didn\u2019t think me and my family would reach where we sit now,\u201d Barzar told The Wall Street Journal<\/em>.<\/p>\n Although he\u2019s financially able to stop working, retirement isn\u2019t on his immediate agenda.<\/p>\n \u201cI could retire. But what would I do? Costco has been good to me,\u201d he said. <\/p>\n Barzar credits more than his paycheck for his financial security. After his wife was diagnosed with stage 3 brain cancer, Costco\u2019s health insurance covered the full cost of her three brain surgeries\u2014a benefit Moneywise described as \u201cso comprehensive\u201d that it eliminated what could have been devastating medical expenses. <\/p>\n His experience isn\u2019t unique<\/a>. According to Costco Chief Financial Officer Gary Millerchip, \u201cmany thousands\u201d of the retailer\u2019s U.S. hourly employees now have more than $1 million in their 401(k) accounts, reports Yahoo Finance.<\/em><\/p>\n Costco has long differentiated itself by paying above-average wages and rewarding employee longevity. The company recently raised its top hourly wage to $32.90, increased annual bonuses, and added another week of paid vacation for employees with at least 30 years of service. The retailer believes retaining experienced workers costs less than constantly hiring and training new employees\u2014a philosophy Moneywise<\/em> says \u201cruns counter to most of the retail industry.<\/p>\n RELATED CONTENT: Return-To-Office Mandates Are Costing Workers $55 A Day<\/p>\n","protected":false},"excerpt":{"rendered":" (Photo: Jacob Blanck, CC BY-SA 4.0, via Wikimedia Commons) by Selena Hill July 15, 2026 An Arizona Costco cashier built more than $1 million in retirement savings A longtime Costco cashier is proving that even everyday workers can become millionaires. Tony Barzar, 60, has spent nearly four decades with the warehouse retailer, growing his retirement […]<\/p>\n","protected":false},"author":1,"featured_media":36742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg","fifu_image_alt":"","footnotes":""},"categories":[10666],"tags":[26389,26390,20996,26388,22460,5078],"class_list":["post-36741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reparations","tag-costco","tag-millionaires","tag-newsletter-1","tag-retirement-accounts","tag-wednesday-newsletter-1-archives","tag-workers"],"rttpg_featured_image_url":{"full":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",0,0,false],"landscape":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",0,0,false],"portraits":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",0,0,false],"thumbnail":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",150,150,false],"medium":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",300,300,false],"large":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",1024,1024,false],"1536x1536":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",1536,1536,false],"2048x2048":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",2048,2048,false],"post-thumbnail":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",370,265,false],"kava-thumb-s":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",150,85,false],"kava-thumb-s-2":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",230,230,false],"kava-thumb-m":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",400,400,false],"kava-thumb-m-vertical":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",370,500,false],"kava-thumb-m-2":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",570,450,false],"kava-thumb-l":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",1170,650,false],"kava-thumb-xl":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",1920,1080,false],"kava-thumb-masonry":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",600,999,false],"kava-thumb-justify":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",640,640,false],"kava-thumb-justify-2":["https:\/\/blackenterprise-prod.b-cdn.net\/wp-content\/blogs.dir\/1\/files\/2025\/03\/1024px-Costco_Wholesale_Club.jpg",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios","author_link":"https:\/\/design-providers.com\/rise\/author\/ralph-c\/"},"rttpg_comment":0,"rttpg_category":"REPARATIONS NEWS<\/a>","rttpg_excerpt":"(Photo: Jacob Blanck, CC BY-SA 4.0, via Wikimedia Commons) by Selena Hill July 15, 2026 An Arizona Costco cashier built more than $1 million in retirement savings A longtime Costco cashier is proving that even everyday workers can become millionaires. Tony Barzar, 60, has spent nearly four decades with the warehouse retailer, growing his retirement…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/36741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=36741"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/36741\/revisions"}],"predecessor-version":[{"id":36743,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/36741\/revisions\/36743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/36742"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=36741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=36741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=36741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}