Longevity Benefits: The Missing Piece in Modern Benefits

Savvly is the first regulated benefit designed to reward longevity, reduce retirement risk, and fit seamlessly into any benefits package.

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Today’s Workforce Needs a New Kind of Benefit

Social Security is falling short. Traditional pensions have disappeared. And most retirement plans weren’t built for employees living well into their 90s. The result? More financial stress, more risk of outliving savings, and greater pressure on employers to fill the gap.
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48% of 65-Year-Olds
Will Live Past 90

Most workplace plans aren’t designed for this kind of longevity. As employees live longer, financial gaps widen, especially in their 80s and 90s.
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66% of Retirees Outlive Their Savings by Age 85

Traditional benefits assume retirement ends earlier than it does. Without long-life protection, employees face decades of underfunded living.
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<5% of Plans Offer Long-Life Protection

Annuities are rigid. Investments alone aren’t reliable. And most benefits stop when longevity risk begins. It’s time for a smarter solution: the Savvly Longevity Benefit.
Features

What are Longevity Benefits?

Longevity benefits are a new category of financial benefits designed to protect individuals who live longer than traditional retirement plans expect — typically well into their 80s and 90s.
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
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Longevity Payouts

Structured cash benefits starting at ages 80, 85, 90, and 95—providing critical support when most retirement plans have been exhausted.

Grow More or Save Less

Because funds are pooled and invested in the market (like the S&P 500), employees can potentially achieve stronger outcomes with less monthly contribution, maximizing efficiency per dollar.

Inclusive & Easy to Implement

No health exams, no eligibility hurdles. Longevity benefits are accessible to all employees and simple to layer onto your existing benefits stack.
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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

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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 Simple IRAs.
Boost retention with long-term financial security
A benefit employees will actually understand
Attract and retain talent with future-proof retirement planning
Fits seamlessly into any benefits program

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

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