ANY IDEAS ABOUT THE SAFEST CARS FOR RETIREES TO DRIVE
Toyota made it to the top of the safe to drive car list with Honda coming in second by The Insurance Institute for Highway Safety. The criteria used was CRASH WORTHINESS (how well the vehicle protects its occupants) and CRASH AVOIDANCE and MITIGATION (how well the vehicle prevents or lessens the severity of the crash).
Each year Federal retirees make up the largest group of persons moving into retirement. In addition to learning how to use benefits in retirement, they are looking for resources that best answer their needs. They are looking for safe affordable places to live and cars that give good mileage and offer the greatest possible degree of safety.
Although retirement may not be the best time to take on debt, it is a good time to purchase a reliable and safe vehicle to drive to avoid costly repairs. Retirement means that you won’t be getting a pay check every two weeks and retirement income is generally less than what you earned as a full-time regular employee, so spend wisely.
Many retirees use retirement as the opportunity to purchase the luxury car they could never afford during their work career. Lump sum payments that come from accrued annual leave may end up being quite a tidy bundle for a lot of Federal retirees. However, care should be taken to not spend that lump sum hastily because it just might be the bridge you need to carry you over until your annuity check start.
P. S. Always Remember to Share What You Know.
Dianna Tafazoli
