We’re living longer than ever before. That’s great news, but it also comes with new financial challenges.
Longevity benefits are a modern solution designed to help people live better, more financially secure lives, especially in the later decades of retirement. Unlike traditional benefits that stop working when the paycheck ends, longevity benefits start working when you need them most: at ages 80, 85, 90, and even 95.
Most retirement plans assume people will stop working around 65 and live a few more decades. But today, nearly half of 65-year-olds will live into their 90s. And yet, most savings, pensions, and even Social Security often run out too early. That’s where longevity benefits come in.
They offer structured payouts later in life, providing financial security when traditional plans often fall short. Think of it as a long-term safety net, built to protect your future self.
While every program is different, here’s how it works with Savvly:
It’s flexible. It’s inclusive. And it’s built for the way we actually live today.
Longevity benefits don’t replace your 401(k) or Social Security, they complement them. We believe they offer extra peace of mind for later in life, so you can spend more freely today, retire earlier, or simply plan with more confidence.
Your employer is proud to offer the first-of-its-kind longevity benefit. It’s time your benefits evolved with your lifespan.
Assumptions and Risk Disclosure
The information on this page is provided for educational purposes only and is not intended as investment, legal, or tax advice. It is designed solely to illustrate how longevity-based investment benefits may work under certain assumptions. Actual results will vary.
All illustrations, examples, and case studies are hypothetical and are intended to demonstrate potential scenarios—not to predict or guarantee actual outcomes. They do not represent the performance of any individual investor, portfolio, or account.
Key Assumptions Used in the Illustrations
- Life expectancy and mortality projections are based on the most recent Social Security Administration (SSA) tables available at the time of simulation.
- In the event of death or early withdrawal, hypothetical scenarios assume that beneficiaries may receive 75% of the lesser of the initial investment or current market value, plus 1% for each full year the account was active.
- Case studies assume standardized market growth of 8% annually and do not incorporate unexpected market volatility, inflation, changes in interest rates, or changes in an investor’s personal circumstances.
- Simulations may assume a 3% annual early withdrawal rate prior to payout or death.
- All figures shown are net of fees.
Risks to Consider
- Market Risk: Investment values will fluctuate and may be worth more or less than the amount invested. There are no guaranteed returns.
- Sequence of Returns Risk: The order and timing of market gains or losses—particularly near the payout phase—can materially affect results.
- Longevity Risk: Living longer than projected may reduce the pooled benefit per participant; shorter-than-expected lifespans may affect the amount received.
- Redemption Impact: Early or voluntary withdrawals by other participants can impact overall fund performance and distribution outcomes.
No forecast, projection, or hypothetical return should be relied upon as a promise or representation of future performance. Investors should carefully evaluate their own circumstances and consult a qualified financial professional before making any investment decision.