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The Only Patent Pending AgeTech Solution Designed to Solve the Global Retirement Crisis

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Join Us on Our Mission: Lifting Seniors out of Poverty in Longevity™ ​

Understanding Longevity Risk and the Retirement Gap: A Growing Challenge

What is Longevity Risk?

Longevity risk refers to the financial uncertainty that arises from the possibility of individuals living longer than expected. As advancements in healthcare and improved living conditions continue to enhance life expectancy, many people face the prospect of outliving their savings. This risk is particularly concerning for retirees, who often rely on fixed incomes, pensions, or savings to support themselves throughout their retirement years.

What is the Retirement Gap?

The retirement gap is the difference between the amount of money individuals have saved for retirement and the actual amount they will need to maintain their standard of living throughout retirement. This gap can be attributed to a variety of factors, including inadequate savings, rising costs of living, increasing healthcare expenses, and the decline of traditional pension plans.

Why Is This a Big Problem?

The confluence of longevity risk and the retirement gap poses a significant challenge for individuals and society as a whole. Not only are many baby boomers approaching retirement with insufficient savings, but younger generations are also facing a changing economic landscape that hinders their ability to prepare effectively for their future.

  • Increasing Life Expectancy: With people living longer, the duration of retirement can extend to 30 years or more. This means that retirement savings must stretch further than ever before.

  • Inflation and Costs: Rising healthcare costs, inflation, and other living expenses can quickly erode savings, making it challenging to maintain a comfortable lifestyle in retirement.

  • Pension Plan Declines: Many employers are moving away from traditional pension plans, leaving workers responsible for their own retirement savings. This shift places additional pressure on individuals to save adequately.

A $400 Trillion Challenge

The retirement gap, when combined with longevity risk, is expected to become a staggering $400 trillion problem globally. This figure represents the shortfall in retirement savings that current workers will face as they transition into retirement. If left unaddressed, this issue could lead to widespread financial insecurity among older adults, increased reliance on social safety nets, and significant strain on public resources.

At TimeTrust, we are at the forefront of an impactful fintech/age tech revolution—developing a unique, patent-pending platform designed to tackle the ever-growing global retirement crisis. With a staggering projected gap of over $400 trillion in retirement funding expected within the next 15 years, our mission is clear: to provide a viable solution that not only enhances the financial wellbeing of older adults but also revitalizes the entire economy.

Understanding Longevity Risk and the Retirement Gap

Understanding longevity risk and the retirement gap is vital in today’s financial landscape. Proactive steps to address these challenges—such as participating in TimeTrust, which is considered to be the simplest and easiest way to tackle both the retirement gap and longevity risks by more than doubling, and sometimes increasing by over 20 times, the funds available for retirement—enable enterprises, financial service companies, and individuals to work toward a more secure and sustainable retirement for themselves and their communities. Furthermore, it is essential for society and policymakers to recognize and address this emerging crisis and collaborate with TimeTrust to ensure that all individuals can enjoy a financially stable and fulfilling retirement.

80%

% Population with Insufficient Retirement Funds

USD 7 -14 Trillion

OUR ADRESSABLE MARKET
USA: Projected Global Retirement Savings Gap

USD 400 Trillion

GLOBAL: Projected Retirement Savings Gap

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Join us in exploring solutions and strategies to mitigate longevity risk and close the retirement gap. Together, we can secure a brighter financial future for generations to come.

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