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How Allison Transmission Holdings Retirees Are Using AI to Simplify Everyday Life

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'Artificial intelligence is helping many Allison Transmission Holdings employees simplify their transition into retirement by organizing finances and daily routines, but the key is to use these tools as support—not substitution—for thoughtful planning and professional guidance.' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.

'Allison Transmission Holdings employees are finding that AI can streamline everything from budgeting to wellness, but lasting success in retirement comes from combining technology’s efficiency with informed financial decision-making.' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

How artificial intelligence (AI) is helping Allison Transmission Holdings retirees simplify daily life and handle complex tasks.
The ways AI can enhance health, home, and financial organization in retirement.
Why retirees are increasingly confident using AI to boost efficiency and reclaim valuable time.

Many Allison Transmission Holdings retirees are discovering that slowing down isn’t always easy, despite looking for respite from decades of early mornings, complex undertakings, and global operations. Handling investments, planning vacations, and staying organized can still feel demanding during retirement.

That’s where artificial intelligence (AI) has stepped in. What once seemed futuristic is now a practical tool for Allison Transmission Holdings’s retired professionals who want to streamline routines and reclaim valuable time.

According to Wealth Enhancement financial planner Kevin Won, CFP®, AWMA®, CRPC®, “we’re seeing older adults experimenting with AI tools for efficiency. They understand that these tools can help them reclaim time, which is one of life’s most precious resources.”

Simplifying Complex Tasks

While still in the workforce, AI is helping Allison Transmission Holdings employees transform their daily workflow. Tasks that once took hours—such as reviewing financial reports or tracking industry or market data—now take minutes with the help of AI assistants that can summarize data, highlight key performance trends, and draft personal reports.

Others are using AI to enhance their personal lives. For instance, with an AI-powered trip planner, it's possible to enter your preferred travel destinations, dates, and hobbies, and have the chatbot design an itinerary for you complete with dining, sightseeing, and activity suggestions.

The same is true after retirement. “The retirees I work with value how AI brings order and clarity,” Won adds. “Whether it’s comparing health care options or managing monthly expenses, these tools can handle the heavy lifting so retirees can focus on other areas of their lives.”

Improving Health and Home Management

Many former Allison Transmission Holdings professionals are also turning to AI for personal wellness and home organization. Some use chatbots for home maintenance guidance, while others leverage AI to build custom workout plans that adapt to travel schedules or physical limitations. These tools help retirees maintain consistency without needing advanced tech skills or expensive memberships.

According to Won, “AI can give older adults autonomy. They don’t need to wait for instruction or assistance. Technology enables them to take the lead in their daily lives, including finances and health care choices.”

A Modern Assistant for Financial Confidence

Retirees can also use AI to help arrange their financial information before meetings with advisors. From summarizing financial articles to preparing questions, AI helps retirees save time while staying informed. Some even use it as a digital filing assistant, categorizing tax documents, receipts, and travel logs for the upcoming year.

Won cautions, however, that “AI should be viewed as guidance, not a promise. It’s a powerful assistant, but it can still make errors—especially on topics like health or finance—so always double-check important information.”

From Skepticism to Confidence

While some retirees were initially hesitant to adopt AI, many have now incorporated it into their routines. Surveys show that, while older generations are slower to adopt new technologies, comfort and usage are steadily rising.¹

Won explains, “Retirees who’ve spent decades adapting to innovation in corporate environments, like Allison Transmission Holdings, already have the resilience and mindset needed to learn new tools. Now, AI works for them—reducing complexity, not adding to it.”

A Smart Way to Simplify Retirement

For many retirees, using AI is about boosting productivity, not just curiosity. Automating travel planning, organizing budgets, and reducing decision fatigue can make retirement more manageable and less stressful.

According to Won, “you’re really adding peace of mind when you integrate smart tools into daily life. The goal isn’t to master the technology. It’s to let it operate behind the scenes so you can focus on what matters most.”

If you’re a Allison Transmission Holdings retiree looking to organize your finances, streamline health care costs, or enjoy your retirement with fewer hassles, The Retirement Group can help. Call (800) 900-5867 to speak with a knowledgeable representative today.

For more information, visit WealthEnhancement.com or call Wealth Enhancement Group at (800) 492-1222 to speak with a Certified Financial Planner.

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Sources:

1. Kakulla, Brittne, Laura Skufca, Patty David, Jessica Boothe, and Kristen Garrett. ' Empowering Independence With Technology Among Adults Age 50-Plus .' Washington, DC: AARP Research, Jan. 2025.
2. “Young Adults Are Leading the Way in AI Adoption.” AP-NORC Center for Public Affairs Research, 29 July 2025.
3. Chui, Michael, et al. The Economic Potential of Generative AI: The Next Productivity Frontier. McKinsey Global Institute, June 2023.
4. Chatbots in Consumer Finance. Consumer Financial Protection Bureau, June 2023.
5. “Older Adults Express Mixed Views on Artificial Intelligence.” NORC at the University of Chicago, Oct. 2023.

What is the 401(k) plan offered by Allison Transmission Holdings?

The 401(k) plan at Allison Transmission Holdings is a retirement savings plan that allows employees to save a portion of their earnings on a tax-deferred basis.

How does Allison Transmission Holdings match employee contributions to the 401(k) plan?

Allison Transmission Holdings offers a matching contribution up to a certain percentage of the employee's salary, which enhances the overall savings potential.

When can employees at Allison Transmission Holdings enroll in the 401(k) plan?

Employees at Allison Transmission Holdings can enroll in the 401(k) plan during their initial onboarding or during the annual open enrollment period.

What types of investment options are available in the Allison Transmission Holdings 401(k) plan?

The 401(k) plan at Allison Transmission Holdings includes a variety of investment options, such as mutual funds, stocks, and bonds, allowing employees to diversify their portfolios.

Is there a vesting schedule for the 401(k) contributions made by Allison Transmission Holdings?

Yes, there is a vesting schedule for the matching contributions made by Allison Transmission Holdings, which determines how much of the employer's contributions employees can keep if they leave the company.

Can employees at Allison Transmission Holdings take loans against their 401(k) savings?

Yes, employees at Allison Transmission Holdings may have the option to take loans against their 401(k) savings, subject to the plan's rules and limits.

What happens to the 401(k) plan if an employee leaves Allison Transmission Holdings?

If an employee leaves Allison Transmission Holdings, they can choose to roll over their 401(k) balance into another retirement account, leave it in the Allison Transmission Holdings plan, or cash it out, subject to taxes and penalties.

Are there any fees associated with the 401(k) plan at Allison Transmission Holdings?

Yes, there may be administrative fees associated with the 401(k) plan at Allison Transmission Holdings, which are disclosed in the plan documents.

How often can employees at Allison Transmission Holdings change their 401(k) contribution amounts?

Employees at Allison Transmission Holdings can typically change their 401(k) contribution amounts during the open enrollment period or as permitted by the plan rules.

Does Allison Transmission Holdings provide educational resources about the 401(k) plan?

Yes, Allison Transmission Holdings offers educational resources and workshops to help employees understand their 401(k) options and make informed investment decisions.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

News: Allison Transmission Holdings has announced a restructuring plan that includes a significant reduction in their workforce. They are also revising their pension and benefit plans.
Importance: Addressing this news is crucial due to the ongoing economic uncertainties and potential impacts on employees' financial security. The changes reflect broader trends in the industry that could influence investment and tax strategies.

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For more information you can reach the plan administrator for Allison Transmission Holdings at One Allison Way Indianapolis, IN 46222; or by calling them at (317) 242-5000.