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Vishay Intertechnology Employees Confront the Fear of Running Out of Money in Retirement

Healthcare Provider Update: Healthcare Provider for Vishay Intertechnology Vishay Intertechnology's employees typically access healthcare benefits through various providers, with commonly used insurance carriers including UnitedHealthcare, Aetna, and Anthem. The specific healthcare provider may vary based on the employee's chosen insurance plan and geographic location. Potential Healthcare Cost Increases in 2026 As 2026 approaches, Vishay Intertechnology employees face the likelihood of significant healthcare cost increases. The combination of anticipated double-digit premium hikes-some exceeding 60%-and the potential expiration of enhanced federal ACA subsidies is poised to heighten financial pressures on workers. Many employers are shifting more costs onto employees, with adjustments in deductibles, coinsurance, and out-of-pocket maximums becoming increasingly common. As these changes unfold, employees need to be proactive in understanding their benefits and preparing for escalating healthcare expenditures. This proactive approach may help mitigate the adverse effects of rising costs in the coming year. Click here to learn more

'To allay long-term financial concerns, Vishay Intertechnology 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 Vishay Intertechnology 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 Vishay Intertechnology, 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 Vishay Intertechnology, 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 Vishay Intertechnology 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 Vishay Intertechnology 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 retirement savings options does Vishay Intertechnology offer to its employees?

Vishay Intertechnology offers a 401(k) savings plan that allows employees to save for retirement through pre-tax contributions.

How can employees at Vishay Intertechnology enroll in the 401(k) plan?

Employees at Vishay Intertechnology can enroll in the 401(k) plan by completing the enrollment forms available through the HR department or the company’s benefits portal.

What is the employer match for the 401(k) plan at Vishay Intertechnology?

Vishay Intertechnology provides a matching contribution to the 401(k) plan, which is typically a percentage of the employee's contributions, subject to specific limits.

Are there any eligibility requirements to participate in Vishay Intertechnology’s 401(k) plan?

Yes, employees must meet certain eligibility criteria, such as a minimum length of service, to participate in Vishay Intertechnology's 401(k) plan.

What types of investments are available in Vishay Intertechnology's 401(k) plan?

Vishay Intertechnology's 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to diversify their retirement savings.

Can employees at Vishay Intertechnology take loans against their 401(k) savings?

Yes, Vishay Intertechnology allows employees to take loans against their 401(k) savings, subject to the plan's terms and conditions.

How often can employees change their contribution amounts to the 401(k) plan at Vishay Intertechnology?

Employees at Vishay Intertechnology can change their contribution amounts to the 401(k) plan during designated enrollment periods or as specified by the plan guidelines.

What happens to the 401(k) savings if an employee leaves Vishay Intertechnology?

If an employee leaves Vishay Intertechnology, they have several options for their 401(k) savings, including rolling over the balance to another retirement account or cashing out, subject to taxes and penalties.

Does Vishay Intertechnology offer any financial education resources for 401(k) participants?

Yes, Vishay Intertechnology provides financial education resources, including workshops and online tools, to help employees make informed decisions about their 401(k) savings.

What is the vesting schedule for employer contributions in Vishay Intertechnology's 401(k) plan?

The vesting schedule for employer contributions at Vishay Intertechnology typically follows a graded or cliff vesting approach, which determines when employees fully own the employer's contributions.