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Hyatt Hotels Employees Confront the Fear of Running Out of Money in Retirement

Healthcare Provider Update: Healthcare Provider for Hyatt Hotels Hyatt Hotels partners with Lantern Health, a provider focused on connecting employees with a range of healthcare services. Through this relationship, Hyatt aims to enhance employee wellbeing while also reducing costs associated with healthcare. Healthcare Cost Increases for 2026 As we approach 2026, Hyatt Hotels, like many employers, may experience significant healthcare cost increases due to the escalating premiums in the Affordable Care Act (ACA) marketplace. Reports indicate that some states could see hikes exceeding 60%, driven by a combination of rising medical costs, the potential expiration of enhanced federal subsidies, and robust rate hikes proposed by major insurers. As a result, employees could face out-of-pocket premium increases of over 75%, making it crucial to strategically manage healthcare benefits to mitigate these impending financial pressures. Click here to learn more

'To allay long-term financial concerns, Hyatt Hotels 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 Hyatt Hotels 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 Hyatt Hotels, 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 Hyatt Hotels, 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 Hyatt Hotels 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 Hyatt Hotels 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 is the 401(k) plan offered by Hyatt Hotels?

The 401(k) plan at Hyatt Hotels is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can Hyatt Hotels employees enroll in the 401(k) plan?

Employees of Hyatt Hotels can enroll in the 401(k) plan through the company's HR portal or by contacting the HR department for assistance.

Does Hyatt Hotels offer any matching contributions to the 401(k) plan?

Yes, Hyatt Hotels offers matching contributions to the 401(k) plan, which helps employees grow their retirement savings.

What is the eligibility requirement to participate in Hyatt Hotels' 401(k) plan?

Employees of Hyatt Hotels are generally eligible to participate in the 401(k) plan after completing a specified period of service, as outlined in the plan documents.

Can Hyatt Hotels employees change their contribution rate to the 401(k) plan?

Yes, employees at Hyatt Hotels can change their contribution rate to the 401(k) plan at any time, subject to certain guidelines.

What investment options are available in the Hyatt Hotels 401(k) plan?

The Hyatt Hotels 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Is there a vesting schedule for Hyatt Hotels' matching contributions to the 401(k) plan?

Yes, Hyatt Hotels has a vesting schedule for matching contributions, which means employees must work for the company for a certain period before they fully own the matching funds.

How can Hyatt Hotels employees access their 401(k) account information?

Employees can access their 401(k) account information through the online portal provided by Hyatt Hotels or by contacting the plan administrator.

Are there any fees associated with the Hyatt Hotels 401(k) plan?

Yes, like most 401(k) plans, the Hyatt Hotels 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.

Can Hyatt Hotels employees take loans against their 401(k) savings?

Yes, Hyatt Hotels allows employees to take loans against their 401(k) savings, subject to the terms and conditions of the plan.

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

Hyatt Hotels Pension Plan Details: Name of Pension Plan: Find the specific name of Hyatt Hotels’ pension plan. Eligibility: Determine the age and years of service requirements. Pension Formula: Identify the formula used to calculate the pension benefits. Sources: Include document names and page numbers. Hyatt Hotels 401(k) Plan Details: Name of 401(k) Plan: Determine the name of Hyatt Hotels’ 401(k) plan. Eligibility: Identify who qualifies for the 401(k) plan. Sources: Include document names and page numbers.

1. Restructuring and Layoffs: In 2023, Hyatt Hotels announced a significant restructuring plan aimed at streamlining operations and improving efficiency. This plan included a reduction in workforce across various departments. The decision to downsize was influenced by evolving market conditions and the need to adapt to new business models. The company emphasized that these changes were necessary to ensure long-term growth and competitiveness. 2. Benefit Changes: Hyatt also made adjustments to its employee benefit programs in 2024. This included modifications to health insurance plans and retirement benefits. The changes were designed to better align with current economic conditions and provide more flexibility to employees. Given the shifting landscape in benefits, it is crucial for employees to stay informed about these updates to make the best decisions regarding their personal and financial planning.

Hyatt Hotels offered stock options (SO) and Restricted Stock Units (RSU) primarily to senior executives and high-level management. The RSU program was designed to align their compensation with long-term shareholder value. 2023: For 2023, Hyatt Hotels continued to offer RSUs and stock options, focusing on performance-based grants. The company aimed to reward key talent and incentivize performance with these stock options and RSUs. 2024: In 2024, Hyatt Hotels maintained its approach, providing stock options (SO) and RSUs as part of its compensation strategy. The allocation was extended to senior management and selected high-performing employees.

Health Benefits Overview: Hyatt provides a comprehensive benefits package including medical, dental, and vision insurance. They also offer mental health support, wellness programs, and flexible spending accounts (FSAs). Healthcare-Related Terms: PPO (Preferred Provider Organization), HSA (Health Savings Account), EAP (Employee Assistance Program), preventive care

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For more information you can reach the plan administrator for Hyatt Hotels at , ; or by calling them at .

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