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The Southern Company Employees Discover the Joys of Camping: A Comprehensive Guide to Embracing Nature in Retirement

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Healthcare Provider Update: The Southern Company's healthcare provider is generally managed through an employer-sponsored health plan, which typically relies on insurers such as Aetna or Cigna, although specific arrangements can vary. As we approach 2026, significant healthcare cost increases are anticipated due to a multitude of factors affecting the Affordable Care Act (ACA) marketplace. With some states projecting premium hikes of over 60%, the expiration of enhanced federal subsidies is expected to push monthly costs for many enrollees up by more than 75%. This unprecedented rise in premiums combined with ongoing inflation in medical costs, driven by higher hospital and drug prices, creates a complex financial landscape for consumers navigating their health insurance options in the coming year. Employers like The Southern Company may need to strategize effectively to mitigate the impact of these escalating costs on their employees' healthcare coverage and overall well-being. Click here to learn more

Camping is a great way to unplug and find some health benefits, especially if you are a retiree from a The Southern Company company looking to add some meaning to your golden years,'' says Patrick Ray of The Retirement Group, a division of Wealth Enhancement Group.


The increase in camping among senior The Southern Company employees shows that the escape to nature is a growing trend among older individuals as a way to improve their health,'' notes Michael Corgiat from The Retirement Group, a division of Wealth Enhancement Group.

1. Increasing Population of Elderly Americans Who Enjoy Camping:  Describing the growing trend of camping among the elderly and why they are attracted to outdoor activities.

2. The Health Benefits of Outdoor Activities:  Disclosing the physical and psychological benefits to seniors engaging in camping and similar activities.


3. Camping for Seniors:  Different Types of Camping – From Basic to Luxurious Glamping for Different Levels of Comfort and Budget.

John Muir, the naturalist, in 1909 said, “Thousands of tired, nerve-shaken, over-civilized people are beginning to find out that going to the mountains is going home, that wildness is a necessity, and parks are fountains of life” this captures the spirit of outdoor exploration perfectly.
 This attitude is still present more than a century later especially among the elderly population who are happy to answer the call of the wild.

The number of elderly Americans who go camping has increased significantly, and there are many different reasons why they choose to spend time in nature.
 10% of Baby Boomer’s camping vacations in North America in 2022 according to Statista, increased this age category’s participation since 2015. It is the same whether it is the satisfaction of hearing an alligator in the Everglades or a grizzly bear in Yellowstone, these veteran travelers find comfort and excitement in nature.  The The Southern Company retirees are also a part of this trend, and they are finding a new kind of rejuvenation and adventure in the outdoors.

The health benefits of outdoor activities

According to Peter James, an environmental epidemiologist at Harvard, it is clear that humans heal better from the stress in natural environments and that is where humans are supposed to be.
 These environments help in the physical as well as the mental relaxation, thus meaning that people should engage in outdoor activities. This is something that can be very useful for The Southern Company employees who have spent many years in demanding positions and may therefore benefit from the calm and physical activities that camping offers.

Things You Need to Take Camping

The market has a large selection of products that are intended to enhance the comfort and convenience of people who are planning to go camping in an RV or a tent. Marcia Cohen of Madison, Wisconsin, who is 67, explains how she used camping as a positive way of rehabilitation after she had her knee replaced.
 What makes her camping trip fun and empowering is her basics – a portable commode, a comfy cot, and a CORE six-person quick tent. The retirees of The Southern Company companies can get an idea of this and make sure that they have the right equipment for camping that will make them comfortable.

The Price of Camping

Camping is another affordable vacation option. Senior citizens 65 years and older can camp in Florida state parks for as low as $8 per night, a significant discount from the usual fees. The cost of RV camping varies by location and facilities and typically starts at $30 and goes up to $45 per night.
 Boondocking, or free camping in the wild, is an option that saves money for tourists while allowing them to enjoy the outdoors. These economical options can be taken advantage of by The Southern Company retirees to enjoy nature without spending a lot of money.

Where to Set Up Camp

There are many camping locations in the US that are suitable for experienced campers. These locations provide a variety of experiences for all interests, including the historical ambience of Yellowstone National Park, the scenic beauty of Yosemite and the bio-diversity of the Great Smoky Mountains.
 Every park has something special to offer, from spectacular climbs in Yosemite to wildlife safaris in Yellowstone, every visit is unforgettable. These destinations can be explored by The Southern Company employees to find the perfect spot for their next adventure.

Alternatives to Conventional Camping


Glamping is a more sophisticated way of camping that could suit someone who wants a more luxurious experience.  This glamorous version of camping offers home comforts in beautiful surroundings. The glamping sites provide the best of the two worlds between luxury and nature with features like toilets, electricity and luxurious furnishings. Glamping can be a great option for The Southern Company retirees who want a comfortable camping experience with nature.

In Summary

Whether you decide to go camping in the traditional way or choose the more extravagant glamping, older people are able to get a revitalising break. It is a way of getting back to nature, exercising and benefiting from the positive effects of being outdoors for your mental health.
 If you are looking to add some adventure and peace to your retirement years, then camping is still a realistic and rewarding option, with a number of ideas to suit different levels of mobility and comfort. Camping is a way for The Southern Company retirees to enjoy health, happiness and incredible experiences in their retirement.

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Sources:

1. Hoffman, Robert. 'Five Reasons Why Slow Travel is Great in Retirement.' Kiplinger, March 31, 2024, www.kiplinger.com/features. In this article, the author discusses the advantages of slow travel in retirement, including its positive impact on mental health, finances, and the travel experience, making it a perfect leisure activity for retirees who want to make the most out of their trips.


'Retire Early for Adventure: Go Travel and Volunteer.' Kiplinger, www.kiplinger.com. This piece outlines the benefits of combining travel with volunteering in retirement, giving retirees a chance to have an adventure, learn something new, and help others, which makes for a fulfilling retirement.


'What Is It Like to Own an RV in Retirement?' Kiplinger, www.kiplinger.com. This article gives a full account of the RV experience for retirees, discussing the liberation it provides, the social network within RV communities, and the logistics of living in a vehicle.


'11 Reasons to Retire in an RV.' Kiplinger, www.kiplinger.com. This source lists different advantages of retiring in an RV, including the costs, the ability to change location easily, and the potential to travel and volunteer, which is convenient for retirees who want an active retirement.

'Retirees Are Into Camping Now — Here’s How You Can Be, Too.' Kiplinger, www.kiplinger.com. It focuses on the curative and empowering aspects of camping for retirees, explaining how interaction with nature can improve the physical and mental health.

What is the 401(k) plan offered by The Southern Company?

The Southern Company offers a 401(k) plan that allows employees to save for retirement through pre-tax contributions, which can grow tax-deferred until withdrawal.

How can I enroll in The Southern Company's 401(k) plan?

Employees can enroll in The Southern Company's 401(k) plan through the online benefits portal or by contacting the HR department for assistance.

Does The Southern Company match employee contributions to the 401(k) plan?

Yes, The Southern Company provides a matching contribution to employee 401(k) accounts, which helps enhance retirement savings.

What is the maximum contribution limit for The Southern Company's 401(k) plan?

The maximum contribution limit for The Southern Company's 401(k) plan is subject to IRS limits, which are updated annually. Employees should refer to the latest IRS guidelines for specific amounts.

Can I change my contribution percentage to The Southern Company's 401(k) plan?

Yes, employees can change their contribution percentage to The Southern Company's 401(k) plan at any time through the online benefits portal.

What investment options are available in The Southern Company's 401(k) plan?

The Southern Company's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk tolerances.

When can I access my funds from The Southern Company's 401(k) plan?

Employees can access their funds from The Southern Company's 401(k) plan upon reaching retirement age, or under certain circumstances such as financial hardship or termination of employment.

Does The Southern Company offer financial education regarding the 401(k) plan?

Yes, The Southern Company provides financial education resources and workshops to help employees understand their 401(k) options and make informed investment decisions.

What happens to my 401(k) plan if I leave The Southern Company?

If you leave The Southern Company, you have several options for your 401(k) plan, including rolling it over to another retirement account, leaving it with The Southern Company, or cashing it out (subject to taxes and penalties).

Are there any fees associated with The Southern Company's 401(k) plan?

Yes, The Southern Company’s 401(k) plan may have administrative fees and investment-related expenses, which are disclosed in the plan documents.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
The Southern Company offers a traditional defined benefit pension plan and a cash balance pension plan. The cash balance plan credits a percentage of the employee's salary annually to an account that grows with interest. Additionally, the company provides a defined contribution 401(k) plan with company matching contributions. The plan includes various investment options such as target-date funds and mutual funds. Financial planning resources and tools are available to help employees manage their retirement savings.
Operational Restructuring: The Southern Company has not announced major layoffs recently but continues to focus on strategic initiatives to streamline operations and enhance efficiency. The company has been investing in clean energy projects and expanding its income-qualified discount programs to assist more customers. These efforts are part of Southern Company's commitment to sustainability and operational excellence (Sources: Intellizence, Southern Company).
The Southern Company offers RSUs as part of its equity compensation plan. These RSUs vest over a specified period, providing shares upon vesting. Stock options are also available, allowing employees to purchase shares at a fixed price and benefit from potential stock price appreciation.
Southern Company has been actively enhancing its employee healthcare benefits to meet the demands of the current economic, investment, tax, and political environment. In 2022, Southern Company focused on providing comprehensive healthcare plans that include medical, dental, vision, and various wellness programs. These initiatives are designed to support the overall well-being of employees, ensuring they have access to necessary resources to maintain their health. The company also emphasized the importance of mental health by integrating mental health support into their Employee Assistance Programs (EAP), reflecting a broader commitment to holistic employee care. In 2023, Southern Company continued to expand its healthcare offerings by implementing advanced digital health solutions and increasing access to telemedicine services. These enhancements are part of the company's broader strategy to support a flexible and resilient workforce. Additionally, Southern Company has placed a strong emphasis on sustainability and community engagement, which includes initiatives aimed at promoting environmental stewardship and supporting local communities. By investing in robust healthcare and wellness programs, Southern Company aims to attract and retain top talent, ensuring long-term business success and resilience amid economic uncertainties.
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For more information you can reach the plan administrator for The Southern Company at 1932 wynnton road Columbus, GA 31999; or by calling them at 800-227-4756.

https://www.southerncompany.com/documents/pension-plan-2022.pdf - Page 5, https://www.southerncompany.com/documents/pension-plan-2023.pdf - Page 12, https://www.southerncompany.com/documents/pension-plan-2024.pdf - Page 15, https://www.southerncompany.com/documents/401k-plan-2022.pdf - Page 8, https://www.southerncompany.com/documents/401k-plan-2023.pdf - Page 22, https://www.southerncompany.com/documents/401k-plan-2024.pdf - Page 28, https://www.southerncompany.com/documents/rsu-plan-2022.pdf - Page 20, https://www.southerncompany.com/documents/rsu-plan-2023.pdf - Page 14, https://www.southerncompany.com/documents/rsu-plan-2024.pdf - Page 17, https://www.southerncompany.com/documents/healthcare-plan-2022.pdf - Page 23

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