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Fortive Retirees: Discover the Hidden Charms of Small-Town Living for Your Next Chapter!

Healthcare Provider Update: Fortive Corporation partners with various healthcare providers through its Advanced Healthcare Solutions segment, focusing on delivering mission-critical technologies for medical instruments and healthcare facilities. As of 2025, Fortive is well-positioned to navigate the anticipated shifts in healthcare costs and innovations related to connected workflows. Looking ahead to 2026, healthcare costs are expected to rise significantly, potentially impacting many American families. Record premium increases for Affordable Care Act (ACA) marketplace plans are projected, with some state premiums soaring by over 60%. This surge in costs is largely driven by higher medical expenses, the potential cessation of federal premium subsidies, and increased rates from major insurers. Without congressional action to extend these subsidies, many policyholders could see their premiums spike by up to 75%, highlighting the urgent need for consumers to prepare for these financial changes. Click here to learn more

Small towns across America offer a unique blend of nostalgia, tradition, and practicality that makes them attractive retirement destinations. These towns vary in size, often defined by their quaint appearance, supportive lifestyles, and strong community bonds. This guide explores a variety of such towns, assessing them based on factors like cost of living, crime rates, healthcare availability, senior housing options, transportation, and local attractions.

1. Greer, South Carolina

Greer, a town of about 39,000 in upstate South Carolina, exemplifies small-town charm with its revitalized downtown and numerous community activities. Its proximity to the Greenville-Spartanburg International Airport and Amtrak services enhances its accessibility. The town's offerings include a weekly farmers market, regular festivals, and diverse recreational activities, making it an engaging place for active Fortive retirees.

2. Coolidge, Arizona

Located in the Sonoran Desert, Coolidge is a small town of over 14,700 residents. Known for its warm summers and moderate winters, it appeals to retirees who prefer desert climates. The cost of living here is lower than both the national and Arizona averages. Coolidge is home to the Casa Grande Ruins National Monument and offers educational opportunities at Central Arizona College.

3. Dillsboro, North Carolina

Dillsboro, nestled on the Tuckasegee River near the Great Smoky Mountains, is a historic railroad town with fewer than 300 residents. It offers a unique blend of 19th-century charm and modern amenities. The cost of living aligns with the national average, and its proximity to Asheville makes it a favorable option for retirees seeking a balance between tranquility and accessibility.

4. Fredericksburg, Texas

Fredericksburg, a town of approximately 11,000 residents, is steeped in German heritage. The town is a haven for wine enthusiasts and stargazers, thanks to its location amidst over 100 wineries and status as a Dark Sky Community. Its tourist appeal is heightened by its historical landmarks, diverse culinary scene, and proximity to major cities like San Antonio and Austin.

5. Cedar Key, Florida

This Gulf Coast town with fewer than 900 residents is a serene and scenic retirement choice. Florida's tax benefits for retirees and Cedar Key's moderate cost of living are significant draws. The town is known for its nature trails, wildlife refuge, and fresh seafood, providing a tranquil environment for Fortive retirees.

6. Paso Robles, California

Halfway between San Francisco and Los Angeles, Paso Robles is a city of around 31,000. It offers a lively downtown, numerous wineries, and a range of outdoor activities. The town's mild climate and proximity to the coast make it an attractive destination for Fortive retirees who enjoy an active lifestyle.

7. Stroudsburg, Pennsylvania

Located in the Pocono Mountains, Stroudsburg is a small town with a population under 6,000. It blends historical charm with modern amenities and hosts various community events, making it ideal for retirees who value cultural engagement and family-friendly activities.

8. Mequon, Wisconsin

Mequon, near Milwaukee, is known for its open spaces and outdoor recreational opportunities. The Village of Thiensville within Mequon adds to its charm with various events and local amenities. Its proximity to Milwaukee enhances its appeal for those seeking a blend of suburban and urban experiences.

9. Bristol, Vermont

Bristol, nestled in the Green Mountains with a population of less than 4,000, is a quintessential New England town. It offers a range of community events and maintains a traditional atmosphere, complete with horse-drawn recycling collection. Its scenic beauty and historic downtown appeal to those looking for a tranquil retirement setting.

10. Hamilton, Montana

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For those who value wide-open spaces and a rural lifestyle, Hamilton is an ideal choice. With fewer than 5,000 residents, it offers a strong sense of community while being close to the amenities of a larger city. The town's historical significance and natural beauty make it a compelling choice for independent, active retirees.

An additional aspect that may appeal to our target audience of established professionals and retirees is the availability of high-quality healthcare services in small towns. For example, Fredericksburg, Texas, not only offers cultural richness and scenic beauty, but also boasts the Hill Country Memorial Hospital, which has been recognized for its excellence in patient care. This hospital has received numerous accolades, including being named one of the nation's 100 Top Hospitals by IBM Watson Health. Access to top-tier healthcare facilities is a crucial consideration for retirees, ensuring peace of mind and well-being in their chosen community.

Selecting a small town for retirement from Fortive is akin to choosing the perfect vintage wine from a distinguished vineyard. Just as a connoisseur appreciates the unique notes, history, and region of a fine wine, retirees can savor the distinct characteristics of each small town. Greer, SC, with its lively community events, resembles a vibrant and robust red, while the tranquil desert ambiance of Coolidge, AZ mirrors the smooth, subtle notes of a classic white. Fredericksburg, TX, with its rich cultural heritage, is akin to a rare, aged bottle, steeped in history and flavor. Each town, much like a carefully curated wine collection, offers its own unique bouquet of lifestyle, culture, and comfort, promising a fulfilling and refined Fortive retirement experience.

What type of retirement plan does Fortive offer to its employees?

Fortive offers a 401(k) retirement savings plan to help employees save for their future.

Does Fortive provide a company match for contributions made to the 401(k) plan?

Yes, Fortive provides a company match on employee contributions to the 401(k) plan, enhancing the overall savings potential.

What is the eligibility requirement to participate in Fortive's 401(k) plan?

Employees are eligible to participate in Fortive's 401(k) plan after completing a specified period of employment, typically 30 days.

Can employees at Fortive choose their contribution percentage to the 401(k) plan?

Yes, employees at Fortive can choose their contribution percentage, allowing for flexibility in saving according to their financial goals.

What investment options are available in Fortive's 401(k) plan?

Fortive's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

How often can employees change their contribution amounts to Fortive's 401(k) plan?

Employees can change their contribution amounts to Fortive's 401(k) plan at any time, subject to plan rules and limits.

Does Fortive allow for loans against the 401(k) balance?

Yes, Fortive's 401(k) plan may allow employees to take loans against their balance, subject to specific terms and conditions.

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

If you leave Fortive, you can choose to leave your funds in the plan, roll them over to another qualified plan, or withdraw them, subject to tax implications.

Is there a vesting schedule for Fortive's company match in the 401(k) plan?

Yes, Fortive has a vesting schedule for the company match, meaning employees must work for a certain period to fully own the matched contributions.

Can I access my Fortive 401(k) funds in case of financial hardship?

Yes, Fortive allows for hardship withdrawals under certain conditions, following IRS guidelines and plan rules.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Fortive offers a defined benefit pension plan, specifically a cash balance plan, which provides a guaranteed retirement benefit based on a formula that combines elements of both traditional defined benefit plans and defined contribution plans. In a cash balance plan, Fortive credits a participant's account with a set percentage of their annual salary, plus interest, which grows over time. Eligibility typically includes full-time employees who meet certain service or age requirements, although specifics can vary based on employment status and tenure. In recent years, Fortive has adapted its cash balance plan to reflect changes in tax laws and interest rate strategies. For instance, in 2022, the company adjusted its plan interest crediting rates to align with prevailing market conditions and IRS regulations. By 2023 and 2024, Fortive continued to refine these rates to ensure compliance with updated tax laws and to optimize the financial performance of the plan.

Restructuring and Layoffs: In early 2024, Fortive announced a significant restructuring initiative aimed at streamlining its operations and reducing operational redundancies. This move resulted in layoffs affecting approximately 5% of its workforce across various divisions. The restructuring is part of Fortive's broader strategy to optimize its portfolio and focus on core growth areas. This is critical to follow given the ongoing economic volatility and investment uncertainties, which may impact both job security and company performance.

In 2022, Fortive granted stock options and RSUs to key employees and executives. Stock options were performance-based, and RSUs were part of long-term incentives. (Source: Fortive 2022 Annual Report, p. 49)

Health Insurance: Fortive offers a range of health insurance options including medical, dental, and vision coverage. The company provides comprehensive coverage plans with options for employees to choose from based on their needs. Wellness Programs: Fortive emphasizes wellness through programs that may include health screenings, fitness reimbursements, and mental health resources. Flexible Spending Accounts (FSAs): Employees can use FSAs for eligible medical expenses. Employee Assistance Programs (EAPs): Access to confidential counseling services for personal and work-related issues. Company Annual Reports or SEC Filings Benefit Details: Recent reports confirm that Fortive provides competitive health benefits in line with industry standards. They continue to offer robust health insurance packages and wellness programs to support employee well-being. Benefit Trends: There has been a focus on enhancing mental health resources and expanding access to telehealth services.

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