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Discover the Top 8 California Cities Perfect for Carlisle Employees to Embrace Retirement Bliss

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California's diverse landscape, encompassing mountains, beaches, deserts, palm trees, national parks, and consistently sunny weather, has become a significant draw for Carlisle retirees across the United States. The state's natural beauty and lifestyle options are a major attraction, despite the relatively high cost of living and housing expenses, especially in coastal areas. While California is known for its less favorable tax environment for Carlisle retirees, many have strategically planned their finances to make the most of what the state has to offer.

To assist in Carlisle retirement planning, we have compiled a comprehensive list of the best places to retire in California. This list, crafted with the expertise of local real estate professionals, balances various factors such as cost, environment, location, lifestyle, services, and healthcare.

1. Greater Palm Springs : Spanning nine cities, the Coachella Valley offers a variety of options for Carlisle retirees, including numerous over-55 communities and new developments like Cotino in Rancho Mirage. The median price for a standard home here is around $580,000, with luxury homes in top country clubs averaging about $3.8 million. Palm Springs International Airport provides connectivity, and the cost of living is approximately 31% above the national average. The area also boasts excellent healthcare facilities.

2. Oxnard : This Ventura County city, located near Los Angeles, features beaches, farms, and historic sites. It's the gateway to the Channel Islands National Park and offers a rich cultural scene. The cost of living is about 54% above the national average, but affordable housing options are available, with entry-level homes starting between $350,000 to $600,000.

3. Paso Robles : Situated midway between Los Angeles and San Francisco, this region is known for its wineries, lakes, and hot springs. The median home price was $715,000 as of October 2023. It offers a blend of cultural richness and scenic beauty, with various community options for Carlisle retirees, including new and affordable housing projects.

4. Torrance : Close to Los Angeles, Torrance is known for its health-focused lifestyle, beaches, and hiking trails. It was ranked among the best cities for retirees in America and one of the healthiest places to live. The median home price is around $1.1 million.

5. Lakeport : In Lake County, known for its excellent air quality and being one of the most affordable places in California, Lakeport offers outdoor activities and community events. The median home price is $339,000, with living costs and healthcare close to national averages.

6. Carmel-by-the-Sea : A picturesque town in Monterey County, it tops the list of best places to retire in California for 2023. The cost of living is 52% above the national average, with a median home price of $2.3 million. It offers a mix of cultural and outdoor activities.

7. Bakersfield : Known for its warm climate and outdoor activities, Bakersfield's cost of living is slightly below the national average. It's recognized for its dry summers, mild winters, and fresh local produce. The median home price is $439,000.

8. Carlsbad : In North San Diego County, Carlsbad is known for its beaches, cultural activities, and small-town atmosphere. While the cost of living is 55% above the national average, the area is appreciated for its natural beauty and healthcare facilities. The median home price is $978,500.

Each of these locations offers unique benefits and challenges, and the choice largely depends on personal preferences and financial considerations. These destinations reflect California's diverse offerings, from luxury options to more affordable, yet still enriching, retirement lifestyles.

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In addition to the picturesque locations and lifestyle amenities, many of these top Carlisle retirement destinations in California offer robust senior community programs that focus on lifelong learning and enrichment. For instance, places like Carmel-by-the-Sea and Pasadena are home to institutions like community colleges and cultural centers that offer a variety of courses and workshops tailored for retirees. These programs often cover topics from local history to technology, appealing to the intellectually curious and socially active retiree. Engaging in such community-based educational programs not only enhances mental stimulation but also provides opportunities for social interaction, a key aspect of a fulfilling retirement. This aspect is particularly appealing to the target demographic of accomplished professionals and retirees who value continued learning and community engagement. (Source: AARP, 'Lifelong Learning Opportunities in Retirement Communities,' published in 2022).

Discover the best places to retire in California, a guide for those seeking a fulfilling and luxurious retirement lifestyle. Explore our expertly curated list of top retirement destinations, including Palm Springs, Oxnard, Paso Robles, Torrance, Lakeport, Carmel-by-the-Sea, Bakersfield, and Carlsbad. Each location offers unique benefits, from serene coastal living to vibrant cultural scenes, ensuring a rich and diverse Carlisle retirement experience. Learn about the cost of living, healthcare facilities, and real estate options in these sought-after Californian locales. Ideal for discerning retirees who prioritize quality of life, natural beauty, and a range of activities in their golden years.

Choosing the perfect retirement spot in California is like selecting a fine wine from a prestigious vineyard. Just as a connoisseur appreciates the unique notes and qualities of a vintage, tailored to their palate, retirees can select from California's diverse locales, each offering distinct lifestyles and amenities. Palm Springs, with its vibrant outdoor culture, is akin to a bold Cabernet Sauvignon, full of flavor and depth. Oxnard's coastal serenity resembles a crisp Chardonnay, offering a refreshing and tranquil experience. The historical richness of Paso Robles mirrors a complex Merlot, while the bustling, health-focused lifestyle of Torrance is like a rejuvenating sparkling wine. Lakeport's affordability and natural beauty are comparable to a hidden gem of a Pinot Noir, offering quality without pretense. Carmel-by-the-Sea's artistic charm is akin to a sophisticated Bordeaux blend, rich and layered. Bakersfield, practical and sunny, is like a reliable Zinfandel, while Carlsbad's luxurious coastal living is reminiscent of a top-shelf Champagne. Just as each wine appeals to different tastes, these Californian destinations cater to various retirement dreams, ensuring a fulfilling and enriched golden era.

 

What is the Carlisle 401(k) Savings Plan?

The Carlisle 401(k) Savings Plan is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax or Roth after-tax basis.

How does Carlisle match contributions to the 401(k) plan?

Carlisle offers a matching contribution to the 401(k) plan, which typically matches a percentage of the employee's contributions, up to a certain limit.

When can I enroll in the Carlisle 401(k) Savings Plan?

Employees can enroll in the Carlisle 401(k) Savings Plan during their initial onboarding period or during the annual open enrollment period.

What are the eligibility requirements for the Carlisle 401(k) Savings Plan?

To be eligible for the Carlisle 401(k) Savings Plan, employees must meet certain criteria, including age and length of service, as specified in the plan documents.

Can I take a loan from my Carlisle 401(k) account?

Yes, Carlisle allows employees to take loans from their 401(k) accounts under certain conditions, as outlined in the plan's loan policy.

What investment options are available in the Carlisle 401(k) Savings Plan?

The Carlisle 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

How can I change my contribution percentage to the Carlisle 401(k) plan?

Employees can change their contribution percentage to the Carlisle 401(k) plan by accessing the plan's online portal or contacting the HR department.

What happens to my Carlisle 401(k) account if I leave the company?

If you leave Carlisle, you have several options for your 401(k) account, including rolling it over to an IRA, transferring it to a new employer's plan, or cashing it out.

Does Carlisle offer any educational resources for 401(k) participants?

Yes, Carlisle provides educational resources and tools to help employees understand their 401(k) options and make informed investment decisions.

How often can I change my investment allocations in the Carlisle 401(k) plan?

Employees can change their investment allocations in the Carlisle 401(k) plan at any time, subject to the plan's trading policies.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Carlisle Companies offers its employees the Carlisle, LLC Employee Incentive Savings Plan (CEISP), a comprehensive retirement savings plan. The CEISP allows employees to contribute between 1% and 50% of their eligible pay on a pretax, Roth, or after-tax basis, with annual contribution limits of $23,000 for those under 50 and $30,000 for those 50 and older in 2024. Employees are automatically enrolled at a 3% deferral election if they don't opt out. The plan offers immediate 100% vesting on both employee and employer contributions, making all funds fully owned by the participant from the start. Carlisle’s 401(k) plan includes a company match of 100% on the first 3% contributed and 50% on the next 2%, making it a beneficial program for long-term financial planning.
Restructuring Layoffs: Carlisle Companies have been navigating various financial adjustments and structural changes in 2023 and 2024. They have announced strategic acquisitions and share repurchases, alongside continuous dividend increases to stabilize their financial standing and enhance shareholder value.
Carlisle Companies' Stock Options and RSUs 2022 In 2022, Carlisle Companies (NYSE: CSL) issued a broad-based stock option grant to employees, which marked the third such grant in the last 12 years. The goal of these grants was to provide significant incentives for employees to achieve long-term company objectives. The stock options are available to a wide range of employees, promoting a sense of ownership and alignment with the company’s success (source: Carlisle Companies’ 2022 Employee Stock Option Grant Announcement, page 1). 2023 In 2023, Carlisle continued its practice of offering stock options and RSUs to its employees. The RSUs are part of the company’s long-term incentive plan, designed to retain key employees and align their interests with shareholders. RSUs vest over a specified period, typically requiring continued employment with the company (source: Carlisle Companies’ Third Quarter Results Report, page 3). 2024 For 2024, Carlisle has maintained its commitment to employee equity compensation by offering both stock options and RSUs. The latest offerings include performance-based RSUs that vest based on the company achieving specific financial targets. These are available to managerial and executive-level employees, ensuring that key decision-makers have a vested interest in the company’s long-term performance (source: Carlisle Companies’ Fourth Quarter Results Report, page 4).
Carlisle Companies provides a comprehensive and industry-leading health benefits package to its employees, focusing on holistic wellness and financial security. The benefits include medical, dental, and vision coverage, as well as health savings accounts (HSAs) and flexible spending accounts (FSAs) to help manage healthcare costs. Additionally, Carlisle offers wellness programs that promote physical and mental health, including fitness incentives, stress management resources, and preventive care initiatives​ (Carlisle ESG Data Center)​ (Carlisle). In 2023, Carlisle emphasized sustainability in its operations, which includes the health and safety of its employees. The company's initiatives are detailed in their Corporate Sustainability Report, highlighting their commitment to reducing emissions and waste, and improving energy efficiency, which indirectly supports a healthier work environment​ (Carlisle). Key healthcare-related terms and acronyms used by Carlisle include: HSA (Health Savings Account): A tax-advantaged account used to pay for eligible medical expenses. FSA (Flexible Spending Account): Allows employees to set aside pre-tax dollars for healthcare expenses. LEED (Leadership in Energy and Environmental Design): A certification for environmentally friendly buildings, which aligns with Carlisle's focus on creating healthier workspaces​ (Carlisle ESG Data Center)​ (Carlisle). Recent news affecting Carlisle includes their progress towards sustainability goals, such as reducing Scope 1 & 2 emissions by over 21% and Scope 3 emissions by over 12% from their 2021 base year. These efforts reflect Carlisle's broader commitment to employee well-being through a healthier and more sustainable work environment​
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For more information you can reach the plan administrator for Carlisle at 16430 N. Scottsdale Rd. Scottsdale, AZ 85254; or by calling them at +1 480-781-5000.

https://www.carlisle.com/investors/news/press-release-details/2024/Carlisle-Companies-to-Announce-Second-Quarter-2024-Results-on-July-24-2024/default.aspx https://www.carlisle.com/investors/news https://carlislebenefits.com/Money/Retirement-Savings https://careers.carlisleconstructionmaterials.com/benefits/ https://www.kiplinger.com/ https://www.emparion.com/ https://am.gs.com/ https://esgdatacenter.carlisle.com/gri-data-center-detail/default.aspx https://www.carlislebenefits.com/ https://carlsoncap.com/articles/nua-net-unrealized-appreciation/ https://www.fidelity.com/learning-center/personal-finance/retirement/company-stock https://www.newretirement.com/retirement/net-unrealized-appreciation-nua-tax-smart-company-stock-rollover/ https://www.mercer.com/ https://www.milliman.com/ https://www.nextgen-wealth.com/ https://www.livewell.com/ https://www.foxrothschild.com/ https://www.kirkland.com/news/press-release/2024/01/kirkland-advises-carlisle-companies-on-sale-of-carlisle-interconnect-technologies https://www.techopedia.com/tech-layoffs-predictions https://www.fastcompany.com/91140449/here-2024s-growing-list-u-s-layoffs-by-sector https://www.challengergray.com/tags/job-cut-report/ https://intellizence.com/insights/layoff-downsizing/leading-companies-announcing-layoffs-and-hiring-freezes/ https://contracts.justia.com/companies/carlisle-companies-inc-242/contract/780782/

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