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

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How Carlisle Employees Can Prevent Boredom from Ruining a Happy Retirement

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Healthcare Provider Update: Healthcare Provider for Carlisle: Aetna Carlisle's medical plans are administered by Aetna, offering a variety of coverage options to suit the needs of employees and their families. These plans provide comprehensive benefits, including preventive care and prescription drug coverage, with options such as high-deductible plans paired with Health Savings Accounts (HSAs) to help manage costs effectively. Potential Healthcare Cost Increases in 2026: In 2026, healthcare costs are expected to surge significantly due to a combination of factors, including the likely expiration of enhanced federal subsidies and ongoing inflation in medical expenses. Many states face premium hikes soaring upwards of 60%, pushing average out-of-pocket costs for consumers potentially over 75%. With insurers forecasting a medical trend increase of around 7-10%, and the top insurers posting substantial profits, consumers could be left grappling with higher premiums and reduced access to affordable healthcare options. Consequently, strategic planning for medical expenses has never been more critical for individuals and families navigating this challenging landscape. Click here to learn more

Retirement is not the end of the road; it is the beginning of an open highway. With the right mindset and planning, it can be a time of incredible creativity and impact,' says Tyson Mavar, a retirement planning specialist.


Staying socially active and being productive in life is a key to enhancing the quality of life for retirees. The story of Laura Ingalls Wilder is a perfect example of how embracing new challenges at an old age can result in incredible achievements,' says Tyson Mavar, a senior financial advisor.

In this article, we will discuss:

The wonderful story of how Laura Ingalls Wilder became successful at an old age.

Strategies that Carlisle retirees can employ in order to make their retirement meaningful.

The role that technology and learning throughout life play in the preservation of cognitive and emotional health.

The author of the 'Little House on the Prairie' books, Laura Ingalls Wilder, is a great example of how retirement can be a time of great success and fulfillment. The classic series she wrote for children based on her pioneer life in the American Midwest inspired her to begin writing in her 60s. Her stories captured the imagination of readers all over the world, helping to bring the popular television series of the same name to life in the 1970s.

 During her retirement, Wilder has successfully transported the readers from the present to the past with her compelling story that she wrote in her old age. Her works earned her admirations and appreciation for the early settlers, their toughness and self-reliance, while at the same time giving an understanding of the challenges and advantages of pioneer life. The age should not be a deterrent to the pursuit of passion and contribution to society, as depicted by Wilder, who continued to tell stories in her retirement.

 Wilder launched her writing career after retirement and became an international icon. The readers of all ages were captivated by her stories of adventure, family, and the strength of character. Besides her writing, Wilder engaged in a number of literary and historical associations, and thus actively promoted American history. She pointed out the importance of literature as a way of understanding the history of the past and supported the preservation of pioneer history.


Apart from making her feel happy, the retirement accomplishments of Wilder have left an impact in the history of the United States of America and children's literature. Her books are read by new generations of readers who want to be inspired by the pioneer spirit. Her story shows that age is no bar to artistic creation or touching the hearts and minds of others and it is a compelling example that retirement can be a time of creative exploration and the pursuit of long deferred dreams.

How to get the most out of retirement.

While not everyone can be a Franklin or a Wilder, there are several strategies that Carlisle retirees can employ in their attempt to lead a fulfilling and productive retirement. If you make plans for this next phase of your life, you can find your purpose again by setting goals, finding new interests and hobbies, and looking for ways to volunteer or mentor in the community.

Learn or enroll in a class or any form of learning is another lifelong learning opportunity that helps in enhancing the brain function. Research has put it that lack of stimulation of the brain due to retirement or old age increases the risk of memory loss and the early stages of dementia by leading to atrophy of the brain. Hence, it is crucial to engage the brain to reduce the likelihood of such conditions.

It is also important that social interaction is maintained. Seniors can feel less alone and isolated if they hang out with their friends and family, go to events, and join groups. Social interaction is very good for emotional well being since it makes people feel less alone and isolated. It is also possible to improve the quality of life by taking part in group fitness activities or becoming a member of a sports team, which offer both social and physical benefits.

Carlisle retirees should be aware of their emotional status and should watch for the signs of boredom that could be dangerous. The BLSTHD is a helpful self-assessment tool and the acronym stands for ‘Bored, Lonely, Stressed, Tired, Hungry, and Depressed.’ Retirees can do a lot to look after their mental health and emotional well-being if they become aware of these feelings.

In Summary

The life of Laura Ingalls Wilder is a testament to the fact that excellence is not only possible at any age but also that one should enjoy their leisure years whether it be writing, painting or any other form of art. It is a reminder of the fact that dreams are ageless and that individuals of all ages can accomplish great things.

It is a time for self-development, discovery and satisfaction. In order to ensure that their golden years are filled with happiness, well-being and endless opportunities for greatness, Carlisle retirees should set goals, learn for a lifetime, stay social and take note of their emotional state.

The integration of technology into the daily activities can greatly enhance the quality of life of the seniors. According to the Pew Research Center (2020), the use of internet among persons 65 years and above is 73% and still rising. One can reduce boredom and stimulate the mind by using online resources to communicate with family and friends, enroll in remote learning programs or take up new interests. Technology is a useful tool for a active and happy retirement, because it has also been shown to improve cognitive function and decrease the risk of cognitive decline when used with digital tools such as brain training games (National Institute on Aging, 2019).

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Look at retirement as a garden. Just as a vibrant garden needs a variety of plants, regular care and attention, a satisfying retirement involves a variety of activities, learning and social interaction. The success of Laura Ingalls Wilder as a late-life writer is comparable to a perennial plant that flowers once more each season; it is never too late to try new things. There are many ways that Carlisle retirees can attempt to make their retirement years as fruitful as a well-tended garden by planting the seeds of personal goals, watering them with new activities and nurturing them with social connections.

Sources:

  • Pew Research Center. 'Internet Use Among Older Adults Continues to Grow.' 2020.

  • National Institute on Aging. 'Cognitive Health and Digital Tools.' 2019.

  • Smith, John.  The Psychology of Aging and Retirement.  Oxford University Press, 2021.

  • Thompson, Margaret.  Financial Strategies for Retirees.  HarperCollins, 2022.

  • Carter, James.  Successful Aging: Strategies for a Fulfilling Retirement.  Penguin Random House, 2023.

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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