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Banking for Your Retirement


The demographic composition of the U.S. is undergoing a seismic shift. Life expectancy at age 65 is now 19 years, up 50% over the last several decades. As a result, there are over 50 million retirees in the U.S. today and that number is expected to grow to 72 million by 2035. While the size of the US retiree pool continues to balloon, the infrastructure that has traditionally supported them financially is fracturing. Pensions and defined benefit plans, which provided support to 4 in 10 Americans at the peak of their prevalence, are now held by just 1 in 10 of the next wave of retirees (Americans age 50-64).

Enter Sagewell Financial. Sagewell Financial is a retiree-centric digital banking and benefits platform that offers new financial products, access to experts, and a personalized service model designed to improve the lives of older adults. Sagewell’s proprietary offering, MyPaycheck, is a no-cost feature that offers an exclusive solution for retirees in the form of a familiar, bi-weekly paycheck that consolidates fixed-income streams (e.g. pensions, social security, annuities) and pays recipients their income early. Think earned wage access for fixed income.


Sam Zimmerman and Jeff Wright, the founders of Sagewell, were excited to have 25madison co-lead their seed round. We're an active lead investor helping with business & product strategy, fundraising, recruiting, and acting as an advisor to Sagewell's CEO. While entrepreneurs and Venture Capitalists have been addressing this market for several years now, none of them are doing it quite like Sagewell.

Seniors need help funding retirement and managing their finances TODAY. Sagewell’s customer service model pairs each retiree with a dedicated, U.S. based, Retirement Advocate, who supports their banking needs, finds unclaimed savings, facilitates hassle-free insurance quotes, and helps protect against fraud. The company also provides access to trusted partners who can help assess home equity scenarios, create plans for “aging in place”, or support retirees looking to move across the country to start new chapters. Customers also have access to experts who specialize in Medicare, Social Security, and other topics important to older adults

All images credit to Sagewell