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December 10, 2020 / New research by YouGov on behalf of Smart suggests that one in eight US adults (13%) over the age of 55 who expect to retire in the future are planning on delaying their retirement due to the Covid-19 pandemic.
When asked what age they plan to retire, 39% of the US adults over 55 reported the range of 65-69 while 18% reported 70-79. The research also suggests that half mentioned being able to afford healthcare costs (e.g., paying for medication, medical appointments or procedures, etc.) as a concern regarding their finances during retirement.
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Smart is a global savings and investments technology provider. Its mission is to transform retirement, savings and financial well-being, across all generations, around the world.
Smart partners with financial institutions (including broker-dealers, RIAs, retirement providers, insurers, asset managers, banks) and financial advisers to deliver retirement savings and income solutions that are digital, customized, and cost-efficient.
Smart, founded in the UK, operates in the USA, Europe, Australia and the Middle East with close to a million savers entrusting over $3 billion** in assets on the platform. Smart supports its clients with a 650 strong global team and saw over 2,000%* growth in assets on its platform since 2018.
Legal & General, J.P. Morgan, the Link Group, Barclays, Natixis Investment Managers, Chrysalis Investments, and DWS Group are all investors to date in Smart.
For more information, please visit www.smartretire.com.
Jacqueline Silva
Caliber Corporate Advisers for Smart
Jacqueline@calibercorporate.com