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May 25, 2023

Empowering Retirees: How Technology is Enhancing Financial Literacy for Decumulation

“Imagine a parade of 10,000 people marching past your house every day, each holding a retirement cake and a balloon. That's a lot of calories & balloons and that is only in the United States!”

Projecting forward, today’s 120M+ active participants in retirement plans in North America will be retiring over the next few decades. More than 70% of those will not have guaranteed income for life from private pensions. It is no surprise that decumulation - the problem of drawing down one’s savings in retirement - has recently become a topic of interest to researchers and economists. The enormity of the problem highlights the importance of this issue to both public policy experts as well as the financial services industry.

Interested in transforming the member experience in your organization?

You are intrigued by the potential of an enhanced member engagement strategy, but how do you get your stakeholders on board? We’ve got you covered! Our pitch deck explains the features and benefits of adopting digital solutions highlighting our process of overcoming member communication challenges. Start the conversation in your organization and you have our support every step of the way.
Let us introduce a contemporary take on the pension industry, one that empowers individuals to make informed decisions about their financial well-being in retirement. Pensionbar’s human-centric and holistic approach drives the transfer of passion into technology, generating superior return on your investment in offering retirement benefits.

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We are a remote first company headquartered in Toronto, Canada.

Got an interesting idea to discuss?

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hello@pensionbar.ca

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