Retirable offers a holistic retirement-planning service that pairs clients with a dedicated fiduciary advisor and technology for investing, planning and spending. The company emphasizes decumulation, allocating assets into three buckets—cash, stability and growth—and shows clients real-time safe monthly spending amounts. It is developing a debit card that gives cash back into savings and provides advisors and consumers insight into spending patterns. Retirable launched investment management and paycheck products a month ago and has begun matching customers with planners. The firm charges 0.75% on the first $500,000 of managed assets and offers a free consultation to Americans aged 50 and older; it has about 15 employees and has designed more than 50,000 retirement plans. Retirable reported revenue growth of over 25% month over month and plans to use new funding to expand the advisor team and distribution channels. Retirable, founded in 2019 and based in NYC, offers personalized digital retirement plans delivered by Certified Financial Planners (CFPs). Its proprietary technology combines guided planning tools with access to experts via chat and text to help clients get answers regardless of their net worth. The company does not reward employees based on clients' assets or net worth. Retirable has served over 50,000 pre-retirees in beta and its experts answer over 10,000 questions per week. The team aims to expand its product and offerings, hire more experts, and pursue partnerships to scale service delivery. Founders are Tyler End, Ian Yamey and Brian Ramirez.

Total raised

$11M

Funding rounds

2

Latest round

Seed

Latest activity

Nov 2022