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KB Home Employees Confront the Fear of Running Out of Money in Retirement

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'To allay long-term financial concerns, KB Home 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 KB Home 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 KB Home, 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 KB Home, 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 KB Home 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 KB Home 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 KB Home offer to its employees?

KB Home offers a 401(k) retirement savings plan to help employees save for retirement.

How can employees of KB Home enroll in the 401(k) plan?

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

Does KB Home match employee contributions to the 401(k) plan?

Yes, KB Home provides a matching contribution to employee 401(k) contributions, subject to certain limits.

What is the maximum contribution limit for the KB Home 401(k) plan?

The maximum contribution limit for the KB Home 401(k) plan follows the IRS guidelines, which can change annually. Employees should check the latest limits for the current year.

Can employees of KB Home choose how their 401(k) contributions are invested?

Yes, employees of KB Home can choose from a variety of investment options within the 401(k) plan to align with their retirement goals.

What happens to my 401(k) account if I leave KB Home?

If you leave KB Home, you can either roll over your 401(k) balance to another retirement account, cash out your balance (subject to taxes and penalties), or leave it in the KB Home plan if allowed.

Are there any fees associated with the KB Home 401(k) plan?

Yes, like most 401(k) plans, the KB Home 401(k) plan may have administrative and investment fees. Employees should review the plan documents for specific details.

How often can employees change their contribution amounts in the KB Home 401(k) plan?

Employees of KB Home can typically change their contribution amounts at any time, subject to the plan's rules.

Does KB Home offer any financial education resources for employees regarding the 401(k) plan?

Yes, KB Home provides financial education resources and workshops to help employees understand their 401(k) options and make informed decisions.

At what age can employees of KB Home start withdrawing from their 401(k) without penalties?

Employees of KB Home can start withdrawing from their 401(k) without penalties at age 59½, although they may still owe taxes on the distributions.

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

Company Employee Pension Plan Name of Pension Plan: KB Home does not have a traditional defined benefit pension plan. The company focuses on other forms of retirement benefits. Eligibility: KB Home provides retirement benefits primarily through a 401k plan. For traditional pension plans, KB Home is not reported to have a specific plan for employees. Pension Formula: N/A Years of Service and Age Qualification: Since KB Home does not offer a defined benefit pension plan, this information is not applicable. Name of 401k Plan: KB Home 401(k) Plan Eligibility: Employees are generally eligible to participate in the KB Home 401(k) Plan once they meet the age and service requirements set forth by the plan. Typically, this means employees who are 21 years of age and have completed one year of service are eligible to participate 401k Plan Features: The KB Home 401(k) Plan includes company matching contributions up to a certain percentage of employee contributions, and various investment options are available to plan participants.

Restructuring and Layoffs: In 2023, KB Home announced a strategic restructuring plan aimed at optimizing operations and reducing costs. This included a moderate reduction in workforce to better align with current market demands. The company emphasized that these changes are designed to streamline operations and improve overall efficiency. Given the current economic climate, it's crucial to stay informed about such restructuring moves as they can impact job security and organizational stability. Understanding these adjustments can also provide insight into how companies are adapting to broader economic and investment trends.

KB Home Stock Options: In KB Home, stock options are typically granted to executives and key employees as part of their compensation package. They are often subject to vesting schedules and performance criteria. (Source: KB Home 2022 Annual Report, Page 45) KB Home RSUs: Restricted Stock Units (RSUs) are provided to employees, especially those in higher positions or with significant contributions. RSUs vest over time or upon achieving certain performance goals.

2022-2024 Updates: In recent years, KB Home has adjusted its health benefits offerings to align with industry standards and employee needs. This includes enhancements to health insurance plans, introduction of telehealth services, and expanded wellness programs. Focus Areas: KB Home has been focusing on mental health support and providing more comprehensive coverage options to ensure employees have access to necessary care and resources.

Additional Articles

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

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