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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Discover Why Cleveland is the Top Affordable Retirement Haven for Nu Skin Enterprises Employees

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Healthcare Provider Update: Nu Skin Enterprises offers healthcare benefits to its employees through various providers, primarily collaborating with large national insurers. For 2026, Nu Skin Enterprises employees should prepare for potential healthcare costs to rise significantly. Record premium increases are anticipated, particularly within the Affordable Care Act marketplace; some states may see hikes exceeding 60%. Contributing factors include escalating medical costs, the potential expiration of enhanced federal premium subsidies, and aggressive rate increases from major insurers. As many companies consider shifting a greater share of healthcare expenses onto employees, Nu Skin's workers might face larger out-of-pocket costs, making it crucial for them to stay informed about benefit adjustments and optimize their healthcare plan selections. Click here to learn more

The current state of the economy has become more difficult, with high interest rates and inflation causing major challenges for Americans who are trying to plan for retirement. Ohio has become a desirable retirement destination for Nu Skin Enterprises retirees, despite these difficulties because of its affordability and high standard of living. This article explores the reasons why Ohio is a great place for Nu Skin Enterprises individuals to retire, especially in relation to places like Cleveland, Youngstown, Akron, and Toledo.


Ohio's cities have drawn notice for their reasonably priced housing. This is especially true for Toledo, Youngstown, and Akron, whose cheap cost of living has been noted in a number of reports. Ohio is a desirable option for anyone looking for a comfortable retirement free from the strain of excessive prices because of these qualities.

Cleveland, the largest city on Lake Erie and the second most populous city in Ohio, provides a special combination of affordable urban life. Cleveland is a shining example for Nu Skin Enterprises retirees looking for big-city facilities without the hefty price tag, coming in at number eight on GoBankingRates.com's list of locations where one can live comfortably on less than $2,500 per month. GoBankingRates' survey put the monthly cost of groceries, entertainment, and transportation in Cleveland at about $1,690. For a pleasant retirement in the city, one need budget at least $2,312 in addition to the average monthly mortgage expenditures of $622. Being the biggest city on the list, Cleveland provides retirees with a wide range of experiences and activities.

Cleveland boasts a sizable senior population, with 14.6 percent of its 372,000+ residents being 65 years of age or older. Its proximity to Lake Erie and its position at the mouth of the Cuyahoga River give it a milder climate than the rest of the state, with warmer winters and cooler summers.

With 25,000 acres and 325 miles of trails for bicycling, hiking, golfing, fishing, and swimming, the city's Metroparks system offers retirees plenty of chances to keep active and connected to the natural world. At premier sports stadiums, fans of sports can cheer on Cleveland's major league teams, the Cavaliers, the Browns, and the Guardians.

Another allure is Cleveland's vibrant cultural environment. Cleveland citizens are entitled to free admission to some of the best cultural institutions in the nation, including the Rock & Roll Hall of Fame and Cleveland's Art Museum. In addition, there's a wide variety of shows at Playhouse Square, the nation's second-biggest theater district after New York City.


One of the main reasons Cleveland appeals to Nu Skin Enterprises retirees is its affordability, especially when it comes to housing. The biggest factor contributing to Cleveland's cheaper cost of living, according to the Council for Community and Economic Research, is housing. Groceries and utilities are little more than the national average, but housing is still incredibly cheap. According to Zillow, as of December 2023, Cleveland's median home price was $113,300, substantially less than the $382,600 national median.

Regional vice president Janis McCormick of Howard Hanna Real Estate Services/Luxury Portfolio International observes that Cleveland is a reachable market near large cities. Relocating to downtown areas or neighboring cities like Ohio City, Tremont, and Gordan Square is a notable trend among empty nesters. Furthermore, while smaller neighborhoods like Chagrin Falls, Bay Village, and Hudson offer tranquil settings with nearby facilities, inner-ring communities like Cleveland Heights, Shaker Heights, and Lakewood are close to cultural hubs.

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Potential purchasers, particularly those from outside the state, are advised by McCormick to thoroughly tour the city in order to appreciate the diversity found in both its urban and rural locations. For assistance navigating the various housing alternatives, it is also advised to work with an experienced local real estate agent.

Finally, for Nu Skin Enterprises retirees looking for an inexpensive, active, and practical retirement destination, Cleveland and Northeast Ohio offer a lot. Ohio is a top retirement destination because to its affordable living standards, affordable metropolitan facilities, and rich cultural diversity.

Apart from its cost-effectiveness and cultural attractions, Cleveland also has excellent healthcare services, which is a crucial factor for Nu Skin Enterprises retirees. World-class medical care is offered by the esteemed Cleveland Clinic, which is frequently listed among the best hospitals in the country by U.S. News & World Report (2023), especially in cardiology and heart surgery. This is particularly important for retirees because retirement planning is heavily reliant on having access to first-rate healthcare. The fact that Cleveland offers such excellent medical care adds even more allure to those thinking about retiring in this easily accessible and culturally diverse city.

What a luxury cruise is to vacation, Cleveland is to retirement living: it provides an all-inclusive, first-rate experience without the astronomical cost. Cleveland offers an inexpensive yet luxurious retirement lifestyle, much like a luxury cruise offers a combination of leisure, amusement, and comfort. Its natural and cultural attractions are comparable to the range of onboard activities and locations offered by cruise ships. The city's luxury healthcare facilities, such as the Cleveland Clinic, serves as a safety net, similar to having an elite medical team on board, while the reasonably priced housing market is like having access to a luxury suite at a fraction of the price. Cleveland is a port worth docking in for retirees looking for a retirement that blends the luxury of a wide range of experiences with the affordability of affordability.

What type of retirement savings plan does Nu Skin Enterprises offer to its employees?

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

Is participation in the 401(k) plan at Nu Skin Enterprises mandatory?

No, participation in the 401(k) plan at Nu Skin Enterprises is voluntary, allowing employees to choose whether or not to enroll.

What is the employer match policy for the 401(k) plan at Nu Skin Enterprises?

Nu Skin Enterprises provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

How can employees at Nu Skin Enterprises enroll in the 401(k) plan?

Employees at Nu Skin Enterprises can enroll in the 401(k) plan through the company’s HR portal during designated enrollment periods.

What are the contribution limits for the 401(k) plan at Nu Skin Enterprises?

The contribution limits for the 401(k) plan at Nu Skin Enterprises are set in accordance with IRS guidelines, which can change annually.

Can employees at Nu Skin Enterprises take loans against their 401(k) savings?

Yes, employees at Nu Skin Enterprises may have the option to take loans against their 401(k) savings, subject to specific plan rules.

What investment options are available in the Nu Skin Enterprises 401(k) plan?

The 401(k) plan at Nu Skin Enterprises offers a variety of investment options, including mutual funds and target-date funds, to suit different risk tolerances.

How often can employees at Nu Skin Enterprises change their 401(k) contribution amounts?

Employees at Nu Skin Enterprises can change their 401(k) contribution amounts at any time, subject to the plan’s guidelines.

What happens to the 401(k) savings if an employee leaves Nu Skin Enterprises?

If an employee leaves Nu Skin Enterprises, they have several options for their 401(k) savings, including rolling it over to another retirement account or cashing it out.

Does Nu Skin Enterprises provide educational resources for employees regarding their 401(k) plan?

Yes, Nu Skin Enterprises offers educational resources and workshops to help employees understand their 401(k) plan and make informed investment decisions.

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