The present invention provides an apparatus for managing power within a voltage regulating circuit of a battery-powered hearing aid device includes an input terminal of a voltage regulator that receives an input voltage supplied by a battery. An output terminal of the voltage regulator provides an output voltage to a hearing aid terminal that is electrically connected to one or more electrical components of the hearing aid device. A sensing terminal of the voltage regulator senses an electrical connection between the charging device is and charging contacts of the voltage regulating circuit. The voltage regulator is configured to reduce a magnitude of the input voltage when the magnitude of the input voltage exceeds an input voltage threshold to generate the output voltage having a magnitude that is less than a maximum output voltage.