The 10 best places to retire in 2023
Employee Benefit News
The leading information resource for the ever-changing HR and Benefits marketplace.
RETIREMENT: If you're planning to retire in the next year, the first question you might have on your mind is, "Where should I live?" Deciding on a location for retirement is a crucial step to making sure your wealth, health and happiness are optimal once you leave the workforce. To help retirees make these decisions, U.S. News & World Report released their annual ranking of the best cities in the country for retirees. The rankings are based on factors like access to healthcare, retiree tax rates and overall happiness for the senior set. Think you'll be surprised at this year's list? Check out which cities made the top 10:
EDUCATION BENEFITS: When Polyanna Unruh , MBA first joined Bank of America in 2019, one of the first things she did was get acquainted with the organization's benefits and employee resources. Bank of America offers $7,500 worth of tuition assistance per employee per year, which can be used towards professional certifications or degrees. For Unruh, who had moved to the U.S. from Brazil in 2017 with nothing more than a high school diploma on her educational resume, these benefits offered a roadmap to more than a job in finance, but a long-term career.
Starting her studies in May 2020, Unruh completed an online Bachelor's degree in business management and administration in October 2021, followed immediately by an online MBA program, from which she graduated in July of 2022. She earned both degrees from Western Governors University , one of Bank of America's partner schools, all while maintaining a full-time schedule with her employer. Unrah shares her story and why the bank's support has inspired even greater loyalty.
Recommended by LinkedIn
MENTAL HEALTH: Forty-seven percent of industrial workers are stressed at their jobs, according to a recent report conducted by Strongarm Tech and research firm YouGov . Twenty-four percent of respondents said the strain is having a negative effect on their mental health, while 29% said it is taking a toll on their physical health, too.
"Industrial workers are so often overlooked but they keep nearly every industry running — it's critical we address their safety and wellbeing before we drive too many away from these critical jobs," says Sean Petterson , CEO of StrongArm Technologies. "A larger industry mindset shift needs to take place to realize, workers need support — they are not machines. We can both do well and do good by supporting them better."