<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Coinbase Global Employees Discover the Joys of Camping: A Comprehensive Guide to Embracing Nature in Retirement

image-table

Healthcare Provider Update: Provides medical, dental, vision, and mental health coverage, along with wellness programs and unlimited PTO 4. With ACA subsidies set to expire, Coinbases robust benefits and mental health support offer a stable and attractive alternative to rising marketplace costs. Click here to learn more

Camping is a great way to unplug and find some health benefits, especially if you are a retiree from a Coinbase Global company looking to add some meaning to your golden years,'' says Patrick Ray of The Retirement Group, a division of Wealth Enhancement Group.


The increase in camping among senior Coinbase Global employees shows that the escape to nature is a growing trend among older individuals as a way to improve their health,'' notes Michael Corgiat from The Retirement Group, a division of Wealth Enhancement Group.

1. Increasing Population of Elderly Americans Who Enjoy Camping:  Describing the growing trend of camping among the elderly and why they are attracted to outdoor activities.

2. The Health Benefits of Outdoor Activities:  Disclosing the physical and psychological benefits to seniors engaging in camping and similar activities.


3. Camping for Seniors:  Different Types of Camping – From Basic to Luxurious Glamping for Different Levels of Comfort and Budget.

John Muir, the naturalist, in 1909 said, “Thousands of tired, nerve-shaken, over-civilized people are beginning to find out that going to the mountains is going home, that wildness is a necessity, and parks are fountains of life” this captures the spirit of outdoor exploration perfectly.
 This attitude is still present more than a century later especially among the elderly population who are happy to answer the call of the wild.

The number of elderly Americans who go camping has increased significantly, and there are many different reasons why they choose to spend time in nature.
 10% of Baby Boomer’s camping vacations in North America in 2022 according to Statista, increased this age category’s participation since 2015. It is the same whether it is the satisfaction of hearing an alligator in the Everglades or a grizzly bear in Yellowstone, these veteran travelers find comfort and excitement in nature.  The Coinbase Global retirees are also a part of this trend, and they are finding a new kind of rejuvenation and adventure in the outdoors.

The health benefits of outdoor activities

According to Peter James, an environmental epidemiologist at Harvard, it is clear that humans heal better from the stress in natural environments and that is where humans are supposed to be.
 These environments help in the physical as well as the mental relaxation, thus meaning that people should engage in outdoor activities. This is something that can be very useful for Coinbase Global employees who have spent many years in demanding positions and may therefore benefit from the calm and physical activities that camping offers.

Things You Need to Take Camping

The market has a large selection of products that are intended to enhance the comfort and convenience of people who are planning to go camping in an RV or a tent. Marcia Cohen of Madison, Wisconsin, who is 67, explains how she used camping as a positive way of rehabilitation after she had her knee replaced.
 What makes her camping trip fun and empowering is her basics – a portable commode, a comfy cot, and a CORE six-person quick tent. The retirees of Coinbase Global companies can get an idea of this and make sure that they have the right equipment for camping that will make them comfortable.

The Price of Camping

Camping is another affordable vacation option. Senior citizens 65 years and older can camp in Florida state parks for as low as $8 per night, a significant discount from the usual fees. The cost of RV camping varies by location and facilities and typically starts at $30 and goes up to $45 per night.
 Boondocking, or free camping in the wild, is an option that saves money for tourists while allowing them to enjoy the outdoors. These economical options can be taken advantage of by Coinbase Global retirees to enjoy nature without spending a lot of money.

Where to Set Up Camp

There are many camping locations in the US that are suitable for experienced campers. These locations provide a variety of experiences for all interests, including the historical ambience of Yellowstone National Park, the scenic beauty of Yosemite and the bio-diversity of the Great Smoky Mountains.
 Every park has something special to offer, from spectacular climbs in Yosemite to wildlife safaris in Yellowstone, every visit is unforgettable. These destinations can be explored by Coinbase Global employees to find the perfect spot for their next adventure.

Alternatives to Conventional Camping


Glamping is a more sophisticated way of camping that could suit someone who wants a more luxurious experience.  This glamorous version of camping offers home comforts in beautiful surroundings. The glamping sites provide the best of the two worlds between luxury and nature with features like toilets, electricity and luxurious furnishings. Glamping can be a great option for Coinbase Global retirees who want a comfortable camping experience with nature.

In Summary

Whether you decide to go camping in the traditional way or choose the more extravagant glamping, older people are able to get a revitalising break. It is a way of getting back to nature, exercising and benefiting from the positive effects of being outdoors for your mental health.
 If you are looking to add some adventure and peace to your retirement years, then camping is still a realistic and rewarding option, with a number of ideas to suit different levels of mobility and comfort. Camping is a way for Coinbase Global retirees to enjoy health, happiness and incredible experiences in their retirement.

Featured Video

Articles you may find interesting:

Loading...

Sources:

1. Hoffman, Robert. 'Five Reasons Why Slow Travel is Great in Retirement.' Kiplinger, March 31, 2024, www.kiplinger.com/features. In this article, the author discusses the advantages of slow travel in retirement, including its positive impact on mental health, finances, and the travel experience, making it a perfect leisure activity for retirees who want to make the most out of their trips.


'Retire Early for Adventure: Go Travel and Volunteer.' Kiplinger, www.kiplinger.com. This piece outlines the benefits of combining travel with volunteering in retirement, giving retirees a chance to have an adventure, learn something new, and help others, which makes for a fulfilling retirement.


'What Is It Like to Own an RV in Retirement?' Kiplinger, www.kiplinger.com. This article gives a full account of the RV experience for retirees, discussing the liberation it provides, the social network within RV communities, and the logistics of living in a vehicle.


'11 Reasons to Retire in an RV.' Kiplinger, www.kiplinger.com. This source lists different advantages of retiring in an RV, including the costs, the ability to change location easily, and the potential to travel and volunteer, which is convenient for retirees who want an active retirement.

'Retirees Are Into Camping Now — Here’s How You Can Be, Too.' Kiplinger, www.kiplinger.com. It focuses on the curative and empowering aspects of camping for retirees, explaining how interaction with nature can improve the physical and mental health.

What type of retirement plan does Coinbase Global offer to its employees?

Coinbase Global offers a 401(k) retirement savings plan to its employees.

How can employees of Coinbase Global enroll in the 401(k) plan?

Employees of Coinbase Global can enroll in the 401(k) plan through the company’s HR portal during the enrollment period.

Does Coinbase Global match employee contributions to the 401(k) plan?

Yes, Coinbase Global provides a matching contribution to employees' 401(k) plans, subject to certain limits.

What is the maximum contribution limit for the 401(k) plan at Coinbase Global?

The maximum contribution limit for the 401(k) plan at Coinbase Global is in line with IRS regulations, which can change annually.

Can employees of Coinbase Global take loans against their 401(k) savings?

Yes, employees of Coinbase Global may have the option to take loans against their 401(k) savings, subject to the plan's terms.

What investment options are available in the Coinbase Global 401(k) plan?

The Coinbase Global 401(k) plan offers a variety of investment options, including mutual funds, index funds, and target-date funds.

Is there a vesting schedule for the employer match in Coinbase Global’s 401(k) plan?

Yes, Coinbase Global has a vesting schedule for the employer match, which outlines how long employees must work to fully own the matching contributions.

Can employees of Coinbase Global change their contribution percentage at any time?

Employees of Coinbase Global can change their contribution percentage during designated times, typically during open enrollment or after a qualifying event.

What happens to the 401(k) plan if an employee leaves Coinbase Global?

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

Are there any fees associated with the Coinbase Global 401(k) plan?

Yes, there may be administrative fees associated with the Coinbase Global 401(k) plan, 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.
In early 2024, Coinbase Global announced a restructuring plan involving a reduction of approximately 15% of its workforce. This move comes in response to declining cryptocurrency market conditions and regulatory challenges.
New call-to-action

Additional Articles

Check Out Articles for Coinbase Global employees

Loading...

For more information you can reach the plan administrator for Coinbase Global at 100 Pine Street, Suite 1250 San Francisco, CA 94111; or by calling them at (888) 908-7930.

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Coinbase Global employees