Longevity by Purpose

🎂 Happy 3rd Anniversary, Longevity Pension Fund! 🎂 To honour this milestone, we've recorded a brief video update from the Head of Longevity, sharing our appreciation to everyone who's joined the Longevity family!  Here's to many more years of income for life — and spending with confidence! #AmbitionNeverRetires | Purpose Investments | Purpose Unlimited | Som Seif | Fraser Stark | Omer Poroy | Vlad Tasevski, CFA | Simon Barcelon | Tom Astle, CFA, P.Eng, ICD.D

Fantastic to see coverage of the Longevity Pension Fund in the The Globe and Mail (Globe Advisor), revisiting the 3-year-old category of funds that offer investors (in 🇨🇦) an element of longevity risk pooling and protection: 🗞 "𝐓𝐡𝐞 𝐛𝐢𝐠𝐠𝐞𝐬𝐭 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐦𝐚𝐧𝐲 𝐚𝐠𝐢𝐧𝐠 𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐬 𝐢𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐟𝐮𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐫𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭 – 𝐚𝐧𝐝 𝐡𝐨𝐰 𝐦𝐮𝐜𝐡 𝐭𝐡𝐞𝐲 𝐜𝐚𝐧 𝐬𝐩𝐞𝐧𝐝 𝐞𝐚𝐜𝐡 𝐲𝐞𝐚𝐫 𝐭𝐨 𝐞𝐧𝐬𝐮𝐫𝐞 𝐭𝐡𝐞𝐲 𝐝𝐨𝐧’𝐭 𝐫𝐮𝐧 𝐨𝐮𝐭 𝐨𝐟 𝐜𝐚𝐬𝐡 𝐚𝐬 𝐭𝐡𝐞𝐲 𝐚𝐠𝐞. 𝐁𝐮𝐭 𝐭𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐮𝐧𝐤𝐧𝐨𝐰𝐧 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐬 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐚𝐭 𝐜𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐢𝐨𝐧; 𝐧𝐨 𝐨𝐧𝐞 𝐤𝐧𝐨𝐰𝐬 𝐡𝐨𝐰 𝐥𝐨𝐧𝐠 𝐭𝐡𝐞𝐲 𝐦𝐢𝐠𝐡𝐭 𝐥𝐢𝐯𝐞, 𝐨𝐫 𝐡𝐨𝐰 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐦𝐢𝐠𝐡𝐭 𝐩𝐞𝐫𝐟𝐨𝐫𝐦 𝐨𝐯𝐞𝐫 𝐭𝐡𝐚𝐭 𝐭𝐢𝐦𝐞𝐟𝐫𝐚𝐦𝐞." 🗞

Curious what's going on in the US around lifetime income options in retirement plans? Register & join this webinar at 1:30 PM ET today to learn more, hosted by Ignites. We'll be listening in too!

Our latest article details the 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗿𝗼𝗹𝗲 𝗼𝗳 𝗹𝗼𝗻𝗴𝗲𝘃𝗶𝘁𝘆 𝗮𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀 in retirement planning, emphasizing the need to align financial strategies with evolving life expectancies: 🎓 Awareness and understanding of core concepts play a foundational role in retirement planning, enabling investors to align financial strategies with evolving life expectancies.  🎓 Limited longevity awareness can lead to oversimplified withdrawal approaches, potentially jeopardizing financial security. To navigate retirement income successfully, individuals should adopt advanced financial tools, collaborate with experts, and embrace lifelong learning. 🎓 The Longevity Pension Fund is one solution to mitigate the risks associated with uncertain life spans, providing sustainable income while addressing this key uncertainty. 🎓 Staying informed on longevity concepts enhances retirees' financial well-being and quality of life, and supports being proactive in retirement planning. Love to hear your feedback our questions in the comments! #AmbitionNeverRetires #LongevityPensionFund  #RetireWithLongevity·com 

Longevity has reached cruising altitude 🛫 in the skies ⛅️ over Canada! Now that we’re into February, hopefully many of you have had a chance to see the Longevity TV spots on Air Canada, featuring Purpose founder & CEO Som Seif sharing our core message around lifetime income.  It’s been great hearing from Air Canada flyers across the country who’ve seen the TV spot and want to build more confidence into their retirement income plans. In case you don’t catch Som on your next flight before the end of March, here is the 3rd and final spot in the series. Enjoy the 🎥 ! Purpose Investments | Purpose Unlimited | Som Seif #AmbitionNeverRetires #LongevityPensionFund #https://lnkd.in/gzrivjyR

📣 In our latest article, we take a trip back in time, looking at the enduring 𝗰𝗼𝗻𝗰𝗲𝗽𝘁 𝗼𝗳 𝗿𝗶𝘀𝗸 𝗽𝗼𝗼𝗹𝗶𝗻𝗴: spreading financial or operational risks across a group to mitigate individual losses: 1️⃣ From ancient Chinese traders sharing goods across ships, to more modern applications in insurance and finance, enhanced data analytics and technology have transformed risk pooling into a sophisticated tool. 2️⃣ Innovative approaches to risk pooling such as on-demand insurance, blockchain-enabled flight delay insurance, and peer-to-peer insurance, emphasize the contemporary relevance of risk pooling. 3️⃣ In the realm of retirement planning innovation, the Longevity Pension Fund pools longevity risk to provide financial peace of mind to retirees. #LongevityPensionFund #RetireWithLongevity.com #AmbitionNeverRetires

🎬 Longevity has officially 🛫 taken to the skies! ☁️ Now that it’s December, the Longevity TV spots are live on Air Canada! As snowbirds head south🌴 and families gather for the holidays 🎁☃️, Purpose founder & CEO Som Seif shares our core message around lifetime income on the "small screen in the sky".  Be sure to watch for Som on your next Air Canada ✈ ! (Spot 2 of 3)   Purpose Investments | Purpose Unlimited | Som Seif #AmbitionNeverRetires #LongevityPensionFund

As clients transition into retirement, advisors must shift from a focus on asset accumulation to a holistic wealth planning approach. In this article in Globe Advisor (The Globe and Mail), Longevity's VP Product, Simon Barcelon, notes that over 40% of advisors' clients are currently in the decumulation stage, and emphasizes the need for careful consideration of income and estate goals. This involves categorizing needs vs. discretionary spending, using lifetime income solutions to protect essential income and generally aligning investment selection with clients' retirement objectives. ✂ "𝐀 𝐟𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐜𝐥𝐢𝐞𝐧𝐭𝐬 𝐦𝐮𝐬𝐭 𝐚𝐝𝐝𝐫𝐞𝐬𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐩𝐫𝐨𝐜𝐞𝐬𝐬 𝐢𝐬 𝐰𝐡𝐞𝐭𝐡𝐞𝐫 𝐭𝐡𝐞𝐢𝐫 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐠𝐨𝐚𝐥 𝐢𝐬 𝐭𝐨 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐞 𝐚 𝐬𝐢𝐳𝐞𝐚𝐛𝐥𝐞 𝐢𝐧𝐜𝐨𝐦𝐞 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐭𝐡𝐞𝐢𝐫 𝐥𝐢𝐟𝐞𝐬𝐭𝐲𝐥𝐞 𝐠𝐨𝐚𝐥𝐬 𝐨𝐫 𝐭𝐨 𝐥𝐞𝐚𝐯𝐞 𝐚 𝐬𝐮𝐛𝐬𝐭𝐚𝐧𝐭𝐢𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐡𝐞𝐢𝐫𝐬. 𝐅𝐨𝐫 𝐦𝐨𝐬𝐭 𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐬, 𝐢𝐭’𝐬 𝐚 𝐝𝐞𝐥𝐢𝐜𝐚𝐭𝐞 𝐛𝐚𝐥𝐚𝐧𝐜𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐭𝐡𝐞𝐬𝐞 𝐭𝐰𝐨 𝐨𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬. 𝐖𝐢𝐭𝐡𝐨𝐮𝐭 𝐜𝐚𝐫𝐞𝐟𝐮𝐥 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠, 𝐭𝐡𝐞𝐫𝐞’𝐬 𝐚 𝐡𝐢𝐠𝐡 𝐫𝐢𝐬𝐤 𝐨𝐟 𝐚 𝐝𝐢𝐬𝐜𝐨𝐧𝐧𝐞𝐜𝐭 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐜𝐥𝐢𝐞𝐧𝐭𝐬’ 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐠𝐨𝐚𝐥𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐨𝐮𝐭𝐜𝐨𝐦𝐞𝐬 𝐭𝐡𝐞𝐢𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐚𝐫𝐞 𝐥𝐢𝐤𝐞𝐥𝐲 𝐭𝐨 𝐝𝐞𝐥𝐢𝐯𝐞𝐫."✂ #LongevityPensionFund #AmbitionNeverRetires Purpose Investments | Purpose Unlimited Article link (subs. req.): https://lnkd.in/gECev2dg

📣 Longevity Pension Fund is 𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝗶𝘁𝘀 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗹𝗲𝘃𝗲𝗹𝘀 𝘂𝗻𝗰𝗵𝗮𝗻𝗴𝗲𝗱 𝗶𝗻 𝟮𝟬𝟮𝟰 on all 5 investor cohorts. (Press release: https://lnkd.in/gSK-nT63)   Transparency is a core principle of the Longevity Pension Fund, and we at Purpose Investments are proud of this commitment. We chose to define an Income Policy and engage outside actuaries to review the fund’s performance and standing annually. In the years ahead these Annual Reports will lead to a mix of increases and decreases to the distribution levels, yet it is gratifying that the distribution levels will hold steady for the fund’s 3rd year despite such turbulence in global financial markets – offering Longevity investors the confidence to spend knowing they won’t outlive their assets.   Please download and review the Annual Report to better understand the fund’s structure & design, and performance over the past 12 months.

Enjoy longform journalism that explores a topic from many angles and with nuance and depth? Cathrin Bradbury's thought-provoking cover article "𝐓𝐡𝐞 𝐄𝐧𝐝 𝐨𝐟 𝐑𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭" in The Walrus is a fascinating read, inspecting the concept of retirement as it relates to employment, purpose, and our society. Would love to hear your thoughts on it!