Blueprint Income

A digital retirement plan that works like a pension

The Personal Pension is a retirement paycheck that is guaranteed to come every month in retirement and lasts as long as you’re alive. We think retirement right now is too darn complicated and too DIY — and that’s not the way it used to be. We’re reinventing the annuity market so it’s (1) digital (2) simpler (3) easier and (4) better for consumers.

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6 Reviews5.0/5
Hi Product Hunt! Wanted to introduce you all to the Personal Pension, something we’ve been working on for a while. We think retirement right now is too darn complicated and too DIY — and that’s not the way it used to be. A few years ago, I was seeing both personally and professionally how not having pensions is making retirement more complicated/less likely for GenX and millennials. How It works: You contribute in small amounts over time, and then when you retire, you get a monthly paycheck that keeps coming as long as you’re alive. So simple a monkey could do it! The Personal Pension is a paycheck that comes every month in retirement and lasts as long as you’re alive. It’s backed by several highly-rated insurers with returns similar to bonds. But unlike a bond, there’s no market risk. It also ensures you don’t outlive your money (since it lasts as long as you’re alive). Said differently, we’re reinventing the annuity market so it’s (1) digital (2) simpler (3) easier to get started and (4) better for consumers. Think Fabric, Quilt, or Ladder — but instead of someone you love getting paid if you die, this pays you retirement income as long as you’re alive. Annuities have a dodgy reputation (rightfully in many cases!), so we’re especially excited about the opportunity to create a real asset class — transparent, low-fee, low-minimum, and easy to diversify. We’d love your feedback! Getting people to think about their retirement in terms of income, rather than assets is a big behavioral shift, so any and all ideas would be much appreciated!
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Love this. Congrats @lauren_minches and team!
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great, responsive team that actually cares about the core issue behind this product - that saving for retirement is confusing and overly complicated. the design/thought into the product is impeccable, and i've seen how the team works day in / day out to make it happen.

Pros:

Easy to use interface, everything really simply explained

Cons:

none!

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It looks like you're a marketplace for annuity products. How does it work once I've chosen a product – do you provide the interface for my annuity product, or am I turned over to the annuity company and then have to manage my product through their customer service, website, etc.?
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@jordankrueger Thanks for your question. We are a marketplace but not only -- we're actually working with the insurers to create new low-minimum, subscription products that actually make sense for (1) digital and (2) a world without pensions. The backing is from the insurers and the contract has their name on it, but you deal directly with us for any changes/questions etc. We also make it really easy to spread risk across insurers to get the best price with future contributions. We're not doing lead gen. Hope this helps!

A barbell approach to investing can be the right approach for many people. Ensuring that your floor is there allows you to sleep at night and take more risk elsewhere in your portfolio. Blueprint has managed to make the process of achievinf this easy and cheaper.

Pros:

Automated the process of building guaranteed income in retirement

Cons:

Tough to prioritize somthing that is decades out