I've been helping some people out with advice. Basically despite the drop in stock and real estate values, they still represent the only investment paths for financial security in retirement. But to invest you need spare finances. It sounds like city pay is so low that you may wind up broke or in debt by the time your pensions kick in at retirement.maybe it's ok if your spouse gets a city job while your job is the main income. In addition health care benefits are a big target for the city to cut costs. But outside of your finances, it's important to build up your skill set whether it's training or classes. Try to find a job that has the best balance between work your passionate about and your financial goals. Recognize the market is pretty cyclic and it appears even govt jobs like NYC is no longer a real safe haven from economic cycles due to politicians not believing in rainy day funds.