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These Countries Are Safer for Retirees Than the U.S. – What Mohawk Industries Employees Need to Know

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'Mohawk Industries employees planning their retirement should consider the stability and peace of their chosen destination, as a tranquil environment not only enhances well-being but can also offer financial advantages, such as tax exemptions, making for a truly rewarding retirement experience.' – Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement.

'Mohawk Industries employees looking to retire abroad should prioritize destinations that combine peace, low cost of living, and favorable tax incentives, as these factors contribute to a more relaxed and financially efficient retirement.' – Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

  1. The most peaceful countries for retirees in 2025, including Portugal, Malaysia, and Costa Rica.

  2. Key factors, such as the Global Peace Index and Global Retirement Index, influencing retirement destinations.

  3. The lifestyle and financial benefits of retiring in these peaceful countries, specifically for Mohawk Industries employees.

Retirement should be a time of comfort, leisure, and, most importantly, well-being. After years of hard work at Mohawk Industries, the freedom to relax in a calm and tranquil setting becomes essential. According to a recent International Living study, the most peaceful countries for retirees in 2025 were identified using data from the Global Peace Index and the Global Retirement Index. This list features countries like Portugal, Malaysia, and Costa Rica, all renowned for their low crime rates and peaceful environments, offering retirees an opportunity to live with less stress.

The research was compiled by International Living's team using their annual Global Retirement Index, which rates countries based on factors like health care, cost of living, infrastructure, and overall quality of life for seniors. The inclusion of the Global Peace Index, which measures political stability and crime rates, lends further depth to this list. These countries are ideal for those looking for a calm and serene retirement abroad, as they score highly on both indexes, making them particularly relevant for Mohawk Industries employees considering life after retirement.

Why These Nations Stand Out

The countries highlighted in International Living's 2025 list not only provide a peaceful and stable environment but also offer economic benefits such as affordable health care and low living costs. Portugal, for instance, consistently ranks highly for its tranquility and low crime rate. With its welcoming culture and excellent infrastructure, Portugal is an attractive option for those seeking a slower pace of life without sacrificing comfort. It ranks 7th on the Global Peace Index and 2nd on the Global Retirement Index, making it a top choice for retirees, including Mohawk Industries employees.

One retiree interviewed by International Living, who has lived in Portugal for over seven years, shares that the country offers a 'sense of calm that wraps around you like a warm blanket—steady, comforting, and always present.' With its peaceful environment and high standard of living, Portugal may provide an ideal retreat for retirees, including Mohawk Industries employees looking to unwind after years of hard work.

Malaysia, ranked 7th on the Global Retirement Index and 10th on the Global Peace Index, is another top destination. Known for its blend of modernity and tradition, Malaysia is a peaceful, cosmopolitan country that boasts low crime rates and a laid-back lifestyle. Cities like Penang and Langkawi are especially popular with expatriates. An expat interviewed by International Living, a 16-year resident of Malaysia, emphasizes that the country’s cultural respect and harmonious cohabitation are key to its tranquility—ideal for those from Mohawk Industries looking for a calm place to retire.

Another favorite among retirees is Costa Rica, which ranks 3rd on the Global Retirement Index. Despite its lower ranking on the Global Peace Index (38th), Costa Rica is known for its natural beauty, stable democracy, and affordable health care. 'I'm grateful that my kids have grown up on the beach, surrounded by nature's playground,' says an International Living interviewee, who has lived in Costa Rica since 2013. Costa Rica offers retirees a lifestyle that is harmonious with nature, making it an appealing choice for those from Mohawk Industries looking for a peaceful retirement.

Other Noteworthy Retirement Locations

In addition to Portugal, Malaysia, and Costa Rica, several other countries offer peaceful and tranquil retirement options. Ireland, ranked 2nd on the Global Peace Index and 15th on the Global Retirement Index, is another excellent option. With its stable political climate, low crime rate, and high-quality health care, Ireland provides a peaceful and enjoyable lifestyle for retirees, including those from Mohawk Industries, who are seeking relaxation in retirement.

Vietnam, ranked 16th on the Global Retirement Index and 41st on the Global Peace Index, is also gaining popularity among retirees. With its vibrant culture, affordable living, and stunning landscapes, Vietnam offers a cost-effective and tranquil retirement option for those, including Mohawk Industries employees, looking to settle in Southeast Asia.

Uruguay, often overlooked, ranks 14th on the Global Retirement Index and 52nd on the Global Peace Index. Known for its low crime rates and political stability, Uruguay provides retirees with a peaceful lifestyle and a friendly, welcoming community. With easy access to both the beach and countryside, Uruguay offers a relaxed and affordable way of life—perfect for those from Mohawk Industries seeking a laid-back retirement.

Retirement Planning and Global Peace Index

When considering potential retirement destinations, the Global Peace Index is an important factor. In 2024, the United States ranked 132nd on the Global Peace Index, which is much lower than many of the countries listed by International Living. For Mohawk Industries employees seeking peace of mind, it's important to consider not only the cost of living but also the stability and tranquility of the country.

For those planning to retire abroad, the level of stability should be a key consideration. Retirees who settle in countries with high Global Peace Index scores are more likely to feel at ease, allowing them to enjoy their retirement without the concerns of living in an unstable region. Whether it’s the peaceful streets of Portugal, the cultural harmony of Malaysia, or the natural beauty of Costa Rica, these countries offer retirees, including those from Mohawk Industries, the ideal setting for a worry-free life.

In Conclusion

Retirement is a time to enjoy the fruits of years of hard work and planning, and choosing the right location is essential for a fulfilling future. According to International Living, the most peaceful retirement locations offer a blend of affordability, stability, and tranquility, making them perfect for those seeking a calm and enjoyable lifestyle. By considering both the Global Retirement Index and the Global Peace Index, Mohawk Industries employees can make informed decisions about where to spend their golden years, helping them enjoy a high quality of life and stability.

Many of the countries on this list, including Portugal and Malaysia, also provide retirees with significant financial advantages. Portugal, for example, offers a tax structure for non-habitual residents that allows retirees to enjoy tax exemptions on certain types of income for up to ten years. Malaysia also offers tax breaks, including exemptions on foreign pension income. These tax benefits can help reduce the overall cost of retirement abroad, which may be particularly appealing for Mohawk Industries employees looking to stretch their retirement savings.

For Mohawk Industries employees planning their retirement, exploring these countries may provide the perfect opportunity to enjoy a tranquil and affordable retirement. Consider retiring in a place that offers both financial incentives and a calm, tranquil environment where you can truly unwind. 

Selecting the right retirement destination is like choosing a second home. The United States, while offering many benefits, can be like living in a bustling city where the constant activity may detract from the tranquility you desire. Countries like Portugal, Malaysia, and Costa Rica offer a quieter, more peaceful environment—much like a relaxing retreat—where you can enjoy the calm and serenity of retirement, making them the perfect destination for Mohawk Industries employees seeking a less stressful future.

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Sources:

1. International Living Editorial Team. 'The 2025 Annual Global Retirement Index.'   International Living , Apr. 2025,  https://internationalliving.com/the-best-places-to-retire/?utm_source=chatgpt.com .

2. Institute for Economics & Peace. 'Global Peace Index 2024.'   Vision of Humanity , June 2024,  https://www.economicsandpeace.org/wp-content/uploads/2024/06/GPI-2024-web.pdf?utm_source=chatgpt.com .

3. Travel + Leisure Editorial Team. 'These Countries Were Just Named Safer for Retirees Than the U.S.'   Travel + Leisure , May 2025,  https://www.travelandleisure.com/countries-safer-for-retirement-than-usa-11739864?utm_source=chatgpt.com .

4. Kiplinger Editorial Team. 'Retire in Costa Rica for Expat Heaven.'   Kiplinger , May 2025,  https://www.kiplinger.com/retirement/happy-retirement/retire-in-costa-rica-for-expat-heaven?utm_source=chatgpt.com .

5. SeniorLiving.org Editorial Team. 'Best Places to Retire for Seniors in 2025.'   SeniorLiving.org , Mar. 2025,  https://www.seniorliving.org/retirement/best-places/?utm_source=chatgpt.com .

What is the 401(k) plan offered by Mohawk Industries?

The 401(k) plan at Mohawk Industries is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can I enroll in the Mohawk Industries 401(k) plan?

Employees can enroll in the Mohawk Industries 401(k) plan by completing the enrollment process through the company’s benefits portal or by contacting the HR department for assistance.

Does Mohawk Industries offer a matching contribution to the 401(k) plan?

Yes, Mohawk Industries offers a matching contribution to the 401(k) plan, which helps employees boost their retirement savings.

What is the vesting schedule for the Mohawk Industries 401(k) matching contributions?

The vesting schedule for Mohawk Industries' 401(k) matching contributions typically follows a graded vesting schedule, which means employees earn rights to the matching contributions over a period of time.

Can I change my contribution percentage to the Mohawk Industries 401(k) plan?

Yes, employees can change their contribution percentage to the Mohawk Industries 401(k) plan at any time, subject to the plan's guidelines.

What investment options are available in the Mohawk Industries 401(k) plan?

The Mohawk Industries 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk profiles.

Is there a loan option available under the Mohawk Industries 401(k) plan?

Yes, Mohawk Industries allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan.

What happens to my 401(k) account if I leave Mohawk Industries?

If you leave Mohawk Industries, you have several options for your 401(k) account, including rolling it over to another retirement account, cashing it out, or leaving it with Mohawk Industries.

How often can I access my Mohawk Industries 401(k) account statements?

Employees can access their Mohawk Industries 401(k) account statements online, typically on a quarterly basis, or they can opt for annual paper statements.

Are there any fees associated with the Mohawk Industries 401(k) plan?

Yes, there may be certain fees associated with the Mohawk Industries 401(k) plan, such as administrative fees or investment management fees, which are disclosed in the plan documents.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Pension Plan: Name: Mohawk Industries, Inc. Pension Plan Eligibility: 5 years of service; benefits start at age 65. Formula: Based on average salary and years of service. 401(k) Plan: Name: Mohawk Industries, Inc. 401(k) Retirement Savings Plan Eligibility: 30 days of employment.
Restructuring and Layoffs: In 2023, Mohawk Industries announced a significant restructuring plan that involved laying off approximately 10% of its workforce. The company cited declining demand in key markets and the need to streamline operations as the reasons for these cuts. This decision reflects broader economic challenges and shifting market conditions, emphasizing the importance of staying informed about such changes.
Stock Options: In 2022, Mohawk Industries granted stock options as part of its executive compensation plan. These options were available to senior executives and key management personnel. The company used "MSO" for Mohawk Stock Options in its filings. RSUs: Restricted Stock Units (RSUs) were also offered to executives and senior employees. These RSUs vested over a period of time based on performance criteria. The acronym used for these was "RSU-MI".
Health Benefits Adjustments: There have been no significant announcements regarding major changes to Mohawk Industries' health benefits for 2023 or 2024. The company has maintained a stable benefits package with periodic reviews to ensure competitiveness. Industry Trends: Companies similar to Mohawk Industries are increasingly adopting more flexible benefits options and enhancing wellness programs, but there is no specific information indicating Mohawk is making any radical changes.
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For more information you can reach the plan administrator for Mohawk Industries at , ; or by calling them at .

https://mohawkind.com/

*Please see disclaimer for more information

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