A Smarter Way to Support Long-Serving Faculty and Staff

Savvly offers a new kind of benefit: one that rewards faculty and staff for longevity, complements your retirement offerings, and aligns with your mission — without adding cost or complexity.

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Today’s Workforce Needs a New Kind of Benefit

Retirement systems weren’t built for a world where people live into their 90s — or for universities navigating cost constraints and a multigenerational workforce. Here's what's happening now:
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61% of Higher Ed Employees Are Anxious About Retirement

Many faculty and staff worry they won’t have enough to last through their 80s and 90s — especially those without pensions or late-career savings
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Long-Serving Staff Are Delaying Retirement

Rising healthcare costs and retirement uncertainty are forcing many to stay longer — not by choice, but by financial need.
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Traditional Plans Leave Late-Life Gaps

403(b) plans and phased retirement options don’t address longevity risk — leaving institutions exposed to burnout, turnover, and equity gaps.
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The Savvly Solution

A longevity benefit built for modern universities — and the people who make them thrive.

Savvly helps colleges and universities offer long-term financial security through structured cash payouts beginning at age 80 — without the complexity or cost of pensions, annuities, or insurance.

Savvly helps your employees:

Longevity payouts (e.g., starting at age 80, 85, etc.)
Designed to supplement, not replace, 401(k)s or pensions
Helps mitigate “longevity risk”, the risk of outliving your money

For employers, it’s:

Low cost and flexible to fund (starting at $10/month)
Available to everyone — no discrimination testing
Easily integrates with your current benefits stack
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Why Employers Choose Savvly

Savvly bridges the gap—offering security in later life through a benefit your employees will actually use and value.

Attract & Retain Top Talent

Offer a high-value longevity benefit that can be worth hundreds of thousands—at a fraction of the cost. Stand out in a competitive talent market.

Compensate Smarter

Reduce the pressure to raise salaries across the board by adding long-term, high-perceived value through Savvly.

Strengthen Retirement Packages

Boost retirement outcomes by 20–30% when layered with a 401(k). More value, less contribution.

Boost Financial Wellness

Engage employees with optional education, financial tools, and real-world support. A benefit they’ll actually use—and thank you for.

Inclusive & Compliant by Design

Structured as a standalone ERISA plan. No eligibility restrictions. No discrimination testing. Just simple, inclusive protection.

Easy to Launch

No long-term contracts. Seamless integrations. We handle setup, onboarding, and employee communication—so HR doesn’t have to.

Ready to Rethink Retirement?

Give your faculty and staff peace of mind for the years that matter most — without the cost of a pension or the hassle of insurance.

How It Works

Check with Your HR Representative

Ask your HR representative if your company offers Savvly Longevity Benefits. If they do, you’re eligible to enroll and start planning for a longer, more secure future.

Set Up Your Account & Contributions

Open your Savvly account and choose a monthly contribution that works for you. Your employer may match your contributions or provide a fixed monthly benefit—be sure to ask about their support.

Let Your Savings Grow Over Time

Your contributions are pooled with others and invested in a diversified, low-cost fund that tracks broad market indices like the S&P 500. The longer you stay in, the more it can grow.

Get Rewarded for Living Longer

Starting at age 80, Savvly pays out directly to you at key life milestones—ages 80, 85, 90, and 95. These payouts can be 3–4x more than what you might earn investing alone. And if life takes another path? Your funds are returned to you or your family.

For example… How much could you get?

If she/he keeps receiving an employer deposit of $100/month until they retire at 65 and is now
If the S&P 500 grows at 6% per year
If the S&P 500 grows at 8% per year
If the S&P 500 grows at 10% per year
If the S&P 500 grows at 12% per year
25
$1.9M+
$5.4M+
$15M+
$39M+
35
$980K
$2.3M+
$5.6M+
$12M+
45
$440K+
$940k+
$1.8M+
$3.9M+
55
$280K+
$280k+
$500k+
$900k+

Note: the average long-term S&P 500 return has been 9%. The outcome shown above is an estimate of the sum of the four payouts at 80, 85, 90, and 95. The amount of these payouts is dependent on the return of the S&P 500 and the performance of the pension pool. Please see assumptions and disclosures at https://www.savvly.com/terms-conditions

Estimate your Longevity Benefits

Savvly in the News

Savvly is changing the conversation around long-term financial security—and people are talking.

A novel benefit solution for your employees

Savvly is a modern benefit that supports your workforce—today and tomorrow. Add it as a standalone option or supplement existing plans like 401ks.

Be the star of HR. Learn how fast and easy it is to offer Savvly’s Longevity Benefit

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