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Brink's Employees Confront the Fear of Running Out of Money in Retirement

Healthcare Provider Update: Healthcare Provider for Brink's Brink's employees have access to healthcare through various insurance providers depending on their selected plans. Notably, some of the major national insurers like UnitedHealthcare and Anthem may be involved, particularly as employees explore options in the ACA marketplace. As healthcare plans can differ between locations and employment types, it's advisable for employees to consult their HR department for specific provider details tailored to their needs. Potential Healthcare Cost Increases in 2026 As 2026 approaches, Brink's employees should be prepared for significant healthcare cost increases tied to the ACA marketplace. Insurers are poised to propose premium hikes of up to 66% in certain states, impacting overall affordability of healthcare. The expiration of enhanced federal premium subsidies may leave many employees facing out-of-pocket costs that could surge by over 75%. With many companies, including Brink's, likely shifting more healthcare expenses onto their employees, understanding benefit adjustments and planning for these rising costs will be crucial for maintaining financial health in the coming year. Click here to learn more

'To allay long-term financial concerns, Brink's employees may benefit from a comprehensive retirement strategy that addresses inflation, health care costs, and tax planning.' – Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement.

'Proactive retirement planning—especially around inflation, health care, and shifting tax policies—can help Brink's employees gain clarity and reduce uncertainty in the years leading up to retirement.' – Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article we will discuss:

Key causes of retirement anxiety, including inflation, health care, and taxes.
Generational differences in money concerns and readiness.
The value of broad retirement planning approaches.

Retirement Anxiety is On The Rise

Employees across industries, including those at Brink's, have long worried about how they will fund retirement. These concerns have grown considerably in today’s economy. Nearly two out of three Americans (64%) said they worry more about outliving their resources than they do about dying, according to the Allianz Center for the Future of Retirement’s 2025 Annual Retirement Study. ¹

Main Causes of Retirement-Related Worry

The Allianz study lists several key triggers of these fears. Regarding long-term planning, 54% of respondents said inflation was their top worry. Increases in health care costs, housing, and food prices are still undermining people’s purchasing power.

Concerns around Social Security’s future and tax burdens are also high. 43% said they feared Social Security might not offer adequate support. And another 43% named high taxes as a major issue.

Generational Gaps in Money Stress

Gen X—often balancing care for both kids and aging parents—report the highest worry: 70% versus 66% of millennials and 61% of boomers. Among corporate workers, including those at Brink's, this dynamic underlines how family obligations can magnify retirement concerns.

The Gap Between Worry and Action

The survey shows a gap between concern and conversation: just 23% of respondents have talked about outliving their assets with a retirement specialist, down from 28% in 2024. ² That said, Americans are considering several strategies to allay these fears, ranking the following approaches as most helpful:

41% said cutting current spending to funnel more toward retirement 
44% said increasing retirement contributions 
39% said postponing retirement
While increasing contributions to retirement accounts could help address these concerns, barriers remain: daily necessities (63%), credit card debt (40%), mortgage or rent (35%) were top reasons people weren’t contributing more.

The Emotional Side of Retirement Anxiety

Retirement fears influence not just finances, but lifestyle, career choices, and family planning. Worries about independence, dignity, and quality of life often accompany fear of running short on funds.

Health care need are often underestimated too, complicating the equation. Medicare covers many basic services, but long‑term care, home assistance, and uncovered treatments can add large bills—adding uncertainty even for high‑income employees.

Broader Retirement Planning Matters

The Allianz findings emphasize planning well beyond just saving. With people living 25 to 30 years post‑work, a solid planning mindset is critical. As Kelly LaVigne, VP at Allianz Life, noted, “Americans areliving longer… your money needs to go farther. A good plan considers 25 to 30 years of retirement, not just the first ten.” ²

Key components often include:

Income strategies: setting up regular monthly disbursements from assets
Tax planning: reducing tax burdens on withdrawals
Health care planning: factoring in Medicare gaps and long‑term care
Inflation alignment: keeping income responsive to cost increases

Combined, these strategies can help build resilience, confidence, and preparedness even in uncertain times.

In Conclusion

The 2025 Allianz Retirement Study makes it clear: a majority of Americans—and Brink's employees among them—see the threat of running out of money as more frightening than death. Rising inflation, health care spending, and uncertainty around Social Security are central drivers. Fewer are taking direct action through planning conversations or boosted contributions.

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Yet there is opportunity. The IRS now permits catch‑up 401(k) contributions of up to $11,250 for those aged 60–63 in 2025—above the standard limit. For many, this is a practical way to fortify resources in those final working years.

A Final Thought

Think of retirement like a long sea voyage. Death may be the storm ahead, but empty savings are the leak that can sink the ship first. According to the Allianz study, 64% of Americans fear that leak more than the storm. For Brink's employees, the goal is to build a well-structured plan—with consistent income, planning for health costs, and tax awareness—that can keep the vessel afloat for the long haul.

Sources:

1. Allianz Life Insurance Company of North America, ' How Americans feel about retirement in 2025 ,' by the Allianz Center for the Future of Retirement ^TM , June 2025.

2. businesswire, ' Americans Are More Worried About Running Out of Money Than Death ,' April 22, 2025.

What type of retirement savings plan does Brink's offer to its employees?

Brink's offers a 401(k) retirement savings plan to its employees.

How can Brink's employees enroll in the 401(k) plan?

Brink's employees can enroll in the 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department.

Does Brink's offer a company match for the 401(k) contributions?

Yes, Brink's offers a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions.

What is the maximum contribution limit for Brink's 401(k) plan?

The maximum contribution limit for Brink's 401(k) plan is determined by the IRS guidelines, which can change annually.

Can Brink's employees change their contribution percentage to the 401(k) plan?

Yes, Brink's employees can change their contribution percentage at any time by accessing their account online or contacting HR.

What investment options are available in Brink's 401(k) plan?

Brink's 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance.

When can Brink's employees start withdrawing from their 401(k) plan?

Brink's employees can start withdrawing from their 401(k) plan at age 59½, or earlier under certain circumstances, such as financial hardship.

Does Brink's provide educational resources for employees regarding their 401(k) plan?

Yes, Brink's provides educational resources and workshops to help employees understand their 401(k) plan and make informed investment decisions.

Are there any fees associated with Brink's 401(k) plan?

Yes, Brink's 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.

What happens to a Brink's employee's 401(k) if they leave the company?

If a Brink's employee leaves the company, they can roll over their 401(k) balance to another retirement account, cash out, or leave the funds in the Brink's plan if allowed.

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

Brink's announced a restructuring plan that includes significant layoffs and a review of employee benefits. The company is focusing on streamlining operations to improve efficiency amid economic uncertainties. Additionally, there may be changes to pension and 401(k) plans as part of cost-saving measures.

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For more information you can reach the plan administrator for Brink's at 1801 Bayberry Court Richmond, VA 23226; or by calling them at +1 804-289-9600.