How safe is your driving? If you’re looking for a long and happy retirement, it’s vital that you take care when you’re driving. Safer drivers are less likely to be injured or killed in accidents – meaning you may have to save more into your 401k plan if you plan to live to a ripe old age!
Forbes recently published some suggestions for how to make yourself a safer driver as you get older. Here, we look at how you can enjoy a long retirement through safer driving and examine the rules for getting your driving license reviewed as a senior.
How often does a 65 year old have to get their drivers license renewed?
In many states, the rules for renewing your driving license change as you get older. Generally, you have to get your license renewed more regularly and, in many cases, you cannot renew your license by mail. You often have to apply in person and, in some states, you must take a vision test or even a road test before your license is renewed. The map below shows the renewal term for US drivers aged 65 years old. For example, in California you have to renew your license every 5 years whereas in Florida it is every 8 years. via chartsbin.com
In some states, the renewal requirements become more regular after the age of 65. In Hawaii you have to renew every 2 years if you are 72 or over, it’s 3 years for drivers aged 70 and over in Missouri and 2 years for drivers aged 85 and over in Texas. If you want to keep driving in your retirement – and enjoying the benefits of your 401k plan! – it’s important that you take additional care. Next, we look at some tips for safer driving.
Safer driving can help your 401k plan
Forbes says that ‘a serious car accident can devastate an otherwise perfect retirement plan.’ It is a fact that your skills are likely to erode as you get older. Skills in reaction time and attentiveness can weaken when you drive less often, and with age.
So, to enjoy the fruits of your 401k savings, here are some tips to help you drive more safely.
1. Check your eyesight regularly
It is natural that your eyes won’t work as well as they did 20 years ago. If you have noticed things starting to go out of focus, don’t wait for an accident to get to the eye doctor. If you need glasses, get them, if just for occasions when you need to drive.
2. Don’t be in denial
Forbes recommends that if you have a near miss or other scare while driving you should go to the doctor for a checkup. They say: ‘Many age related driving problems could be addressed by medical intervention. You could also consider a driving safety course recommended by senior organizations like AARP.’
3. Don’t drive in difficult conditions
If you’re less confident than you were when you were younger, don’t drive in difficult conditions. Try not to drive at night or in bad weather such as a rain storm or snow.
Forbes concludes: “Simply being a bit more humble about your driving and accepting the fact that accidents become more likely as you age can go a long way. At this stage in life, you don’t need to rush and you’re not competing with anyone. Just take your time and enjoy the ride!”