Your guide to preparing for a longer, more secure life—with confidence.
A longevity benefit is a new kind of financial tool designed to support you later in life—when you might need it most. Unlike traditional retirement plans that pay out during your early retirement years, longevity benefits offer cash payouts starting at age 80 and continuing every 5 years (85, 90, 95). Think of it as a second layer of retirement protection, made to give you peace of mind for the years that come after retirement.
Here’s what happens once your employer offers Savvly:
1. Ask Your HR Team About Enrollment
If your company offers the Savvly Longevity Benefit, you’re eligible to sign up. Employers contribute a fixed amount on your behalf. Not sure? Just ask HR: “Do we offer the Savvly Longevity Benefit?”
Open Your Account & Set Contributions
Once enrolled, you’ll create your Savvly account and your employer will begin their monthly contributions to your account.
Your Savings Are Invested in a Fund
Savvly combines everyone's contributions in a regulated, market-based fund, tracking the S&P 500. It’s built to potentially grow over time. This fund structure gives you access to higher potential returns than you’d likely earn on your own, especially in later years.
You’re Rewarded for Living Longer
Here’s where the benefit kicks in:
✅ Receive cash payouts at ages 80, 85, 90, and 95
✅ If something happens earlier, most or all of your money returns to your family or estate
✅ Payouts can be 3–4x more than individual investing
Most retirement plans help you for the first 10–15 years of retirement. But what if you live into your 90s? Savvly fills that gap, so you’re not left wondering if your savings will last. It can give you the freedom to:
Assumptions and Risk Disclosure
The information provided on this page is for educational purposes only and should not be considered investment, legal, or tax advice. It is designed to help explain how longevity benefits work and what potential outcomes might look like under certain assumptions.
All illustrations, examples, and case studies are hypothetical and are meant to demonstrate potential scenarios—not guarantee actual outcomes. They do not reflect the performance of any individual investor, portfolio, or account.
Key Assumptions:
- Simulations may assume a 3% annual early withdrawal rate before payout or death.
- In the event of death or early withdrawal, beneficiaries may receive 75% of the lesser of the initial investment or the current market value, plus 1% for each year the account was active.
- Case studies assume standard market conditions and do not account for unexpected volatility, inflation, or changing personal circumstances.
Risks to Consider:
- Market Risk: Investment values may rise or fall depending on broader market performance. There are no guaranteed returns.
- Sequence of Returns Risk: The timing of market gains or losses—especially near payout age—can significantly affect outcomes.
- Longevity Risk: Living longer than expected may dilute the pooled benefit effect. Conversely, shorter-than-expected lifespans may impact value received.
- Redemption Impact: Voluntary or early withdrawals by other participants may affect the overall fund performance.
No forecast, projection, or hypothetical return should be relied upon as a promise or representation of future results. You should evaluate your personal situation and consult a qualified advisor before making any financial decisions.