Blueprint Income Launches with the Personal Pension, Reinventing Annuity Market
The company's flagship product is the Personal Pension, a guaranteed paycheck that lasts as long as you live. It's more accessible than traditional annuities because the Personal Pension is purchased over time in manageable installments. And unlike traditional pensions, the Personal Pension doesn't require your employer to sponsor the plan.
Today's
"Retirement security in this country is undeniably inadequate," says CEO
The Personal Pension provides a guarantee of retirement income with no worries about stock market volatility or fear of outliving your savings. And subscribers are able to continue contributing when they switch employers or move between W2 and 1099 workforces.
The Personal Pension will do the same thing for annuities that mutual funds did for the stock market — bring costs down, improve transaction speed, and make it easy for anyone to sign up. Now buying guaranteed lifetime income is as simple as purchasing a share of stock.
"Most products sold as annuities today are needlessly complex and aren't intended to do what annuities do best — provide guaranteed lifetime income," says Carey. "We're bringing the annuity market into the 21st century."
"Our firm invests in technology companies tackling substantive problems in financial services. Retirement security is such an important problem to address, and the team at Blueprint Income has come up with a very innovative and viable solution," says
You can start a Personal Pension with just
"We've helped our early clients purchase tens of millions of dollars worth of annuities, and we're growing rapidly," shares Carey. Blueprint Income's products are guaranteed by insurers Rated A or better, such as Mutual of
CEO
Guarantees subject to claims-paying ability of the insurer. Annuities are not
About Blueprint Income
Blueprint Income is building the first digital retirement plan that guarantees you won't run out of money, no matter how long you live. The company is reinventing the annuity market as the replacement for pensions in a 401(k)-dominated world by creating the Personal Pension. The Company was selected and recently participated in the third class of the
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SOURCE Blueprint Income
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