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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Cisco Systems Employees: Discover the Key Questions to Ask for a Fulfilling Retirement Journey

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Healthcare Provider Update: Healthcare Provider for Cisco Systems: Cisco Systems predominantly collaborates with major national insurers, mainly including Anthem (Elevance Health), UnitedHealthcare, and Aetna, to provide employee healthcare benefits. These collaborations offer a range of plans aimed at ensuring comprehensive health coverage for their employees and their families. Potential Healthcare Cost Increases in 2026: In 2026, employees of Cisco Systems may face significant increases in healthcare costs due to anticipated surges in health insurance premiums. With marketplace plans expected to see hikes of over 60% in some states, combined with the potential expiration of enhanced federal subsidies, out-of-pocket expenditures could rise dramatically. These changes, alongside medical cost inflation projected between 7% to 10%, indicate a challenging landscape for healthcare affordability, urging employees to evaluate their benefits and cost management strategies carefully ahead of these increases. Click here to learn more

Eight years ago, in my mid-40s, I attended a dinner party where I witnessed an older man, slightly tipsy from his gin, pose a question to a young girl: “What do you want to be when you grow up?” Her response was a gleefully rattled off list: veterinarian, painter, computer programmer. I listened, intrigued, which soon turned into a near-panic realization. She had time to be all those things. However, no one was asking me what I wanted to be at a mature age. More critically, I wasn’t asking myself that question. At Cisco Systems, midlife is often not just a reflection but a redirection, sparking new career phases and personal growth.

Midlife is often seen as a 'crisis' time, marked by a U-shaped happiness curve with a dip in middle years. A significant reason for this is a tendency to fall into a vicious circle of complacency, where we lean heavily on our existing skills. We are reassured by our competence yet constrained by our perceived limitations, distributing our time accordingly. This inertia can pose health risks if it leads to prolonged burnout. Conversely, pondering 'What do I want to be?' can foster positive age perceptions and a strong will to live, something Cisco Systems professionals understand well, encouraging ongoing learning and adaptation.

This dinner party encounter propelled me into an unexpected six-year journey to become a competitive athlete, something I would never have envisioned. As a skinny, gangly child born a year before Title IX was amended, I always had an instinctive craving for what sports could offer me. Usually picked last for teams and warming the bench, I leaned into what I was praised for—stringing words together—and followed this feedback into a journalism career. I found myself tethered to my keyboard, leading a sedentary life of sitting and screen watching. Meanwhile, athletics took a backseat. Indeed, no one burst with joy when I fumbled on the seventh-grade basketball court, a reminder that we value resilience and the courage to try new roles, regardless of past experiences.

I was advised that by embracing something you enjoyed as a child and were naturally good at, it could become your superpower. Whether true or not, I’d be thrilled to gain an additional 7.5 years of life. This figure comes from Becca Levy, a Yale epidemiology professor who led a pioneering study linking age perception with mortality data. She concluded that individuals with a more positive view of aging lived an average of 7.5 years longer. Central to these positive perceptions was maintaining a 'will to live,' encompassing activities that excite and motivate us—much like the ongoing development opportunities at Cisco Systems, where employees are encouraged to engage in activities that fuel their passion and vitality.

After discussing with Levy and reviewing multiple studies from health, cognition, and longevity experts for my book 'Not Too Late: The Power of Pushing Limits at Any Age,' one conclusion was clear: avoiding the skill trap as we age is vital for preserving our sharpness and agility. Chronic exhaustion—like that which comes from tackling tough situations—has been linked to anxiety, depression, and an increased risk of making mistakes. By embracing new or uncomfortable experiences, we stop forcing our brain to operate on autopilot and make challenging choices. For example, always taking the same route, eating at the same restaurants, talking to the same people, or performing the same job in the same way. Routines have their place, but not when they put your life on autopilot, a philosophy well-aligned with Cisco Systems’s emphasis on innovation and dynamic career paths.

The Seattle Longitudinal Study, a significant research project running from 1956 to 2012, investigated cognitive development and change through adulthood. Over 6,000 adults, aged 22 to 100, participated, undergoing exercises to assess their cognitive skills. K. Warner Schaie, the lead author, wrote: 'When one stops making decisions, it won't be long before it's hard to make decisions at all. The belief that one can do no more becomes a self-fulfilling prophecy.' At Cisco Systems, we challenge this notion by fostering an environment where lifelong learning and decision-making are key components of our culture.

Still disoriented the morning after the dinner party, a simple Google search on 'the most challenging activities to do' led me to obstacle course racing (OCR), a demanding sport that combines running with obstacles such as carrying heavy sandbags and navigating ropes and monkey bars. An OCR variant will be featured in the 2028 Olympic Games as part of the modern pentathlon.

OCR was my answer to the old man’s question. Although I was certainly older, 'athlete' was still something I longed to be. Thus, for the past six years, I have trained nearly every day, despite my other responsibilities and professional obligations, to become what I always wished to be as a little girl but never imagined possible. As a competitive athlete, I've participated in over 50 races, won numerous medals in my age group, and competed in two world championships of the Spartan Race.

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When I was younger, there wasn't much to tell me that I could ever develop these skills. However, by tapping into the qualities, experience, and wisdom I now possess as an adult, I finally achieved this. Your ambition might differ, but you can also realize it. The path forward requires a reorganization of time and priorities. Three strategies to consider when embarking on your own quest to escape the skill prison:

  1. Do not impose entry barriers.
  2. Try something you truly enjoy, regardless of whether you think you are skilled at it.
  3. Be willing to appear foolish.

According to research, retirees who regularly ask themselves reflective questions about their life satisfaction tend to experience greater joy. A Harvard University study found that questions like 'What activities bring me joy?' and 'How can I continue to grow and learn?' are crucial for maintaining a fulfilling retirement. Regular self-assessment helps retirees align their activities with their values, enhancing overall well-being.

Explore how embracing new challenges can enhance your retirement years. This article examines how to push boundaries, avoid chronic monotony, and extend your life with expert advice and real-life examples. Keywords: retirement, active aging, mental well-being, overcoming ennui, longevity, new challenges, maintaining activity, positive age perceptions, health benefits, retirement activities.

What is the Cisco Systems 401(k) plan?

The Cisco Systems 401(k) plan is a retirement savings plan that allows employees to save a portion of their salary on a tax-deferred basis.

How can I enroll in the Cisco Systems 401(k) plan?

Employees can enroll in the Cisco Systems 401(k) plan through the employee benefits portal or by contacting the HR department for assistance.

What is the employer match for the Cisco Systems 401(k) plan?

Cisco Systems offers a competitive employer match for contributions made to the 401(k) plan, typically matching a percentage of employee contributions up to a certain limit.

Are there any fees associated with the Cisco Systems 401(k) plan?

Yes, the Cisco Systems 401(k) plan may have administrative fees and investment fees, which are disclosed in the plan documents.

What investment options are available in the Cisco Systems 401(k) plan?

The Cisco Systems 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

Can I take a loan from my Cisco Systems 401(k) plan?

Yes, employees may have the option to take a loan from their Cisco Systems 401(k) plan, subject to certain terms and conditions.

What happens to my Cisco Systems 401(k) plan if I leave the company?

If you leave Cisco Systems, you have several options for your 401(k) plan, including rolling it over to an IRA or a new employer’s plan, or cashing it out.

At what age can I start withdrawing from my Cisco Systems 401(k) plan?

You can typically start withdrawing from your Cisco Systems 401(k) plan without penalties at age 59½.

Does Cisco Systems offer financial counseling for 401(k) participants?

Yes, Cisco Systems may provide access to financial counseling services to help employees make informed decisions about their 401(k) investments.

How often can I change my contribution amount to the Cisco Systems 401(k) plan?

Employees can typically change their contribution amount to the Cisco Systems 401(k) plan at any time, subject to plan rules.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Cisco Systems provides a 401(k) plan with company matching contributions. Employees can contribute pre-tax or Roth (after-tax) dollars, and Cisco matches 100% of the first 4.5% of eligible compensation. The plan includes various investment options such as target-date funds, mutual funds, and a self-directed brokerage account. Cisco also offers an Employee Stock Purchase Plan (ESPP) with a discount on company stock. Financial planning resources and tools are available to help employees manage their retirement savings.
Cisco is undergoing a major restructuring, which includes laying off thousands of employees to focus on high-growth markets like AI and cloud computing. The company is also planning to acquire Splunk Inc., which is expected to enhance its capabilities in these areas. Cisco offers a 401(k) plan with immediate enrollment and a range of health and wellness benefits for retirees. Staying updated on these benefits is crucial given the current political climate.
Cisco Systems offers both RSUs and stock options to employees. RSUs vest over time and convert into shares, while stock options allow employees to buy shares at a fixed price.
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For more information you can reach the plan administrator for Cisco Systems at 170 W Tasman Dr San Jose, CA 95134; or by calling them at (408) 526-4000.

*Please see disclaimer for more information

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