Voya and SAVVI Financial Collaborate on Retirement Income Guidance

Voya Financial, Inc., in collaboration with SAVVI Financial, announced the launch of a next-generation retirement income guidance tool designed to provide plan participants with guidance as they approach and enter retirement.

The new experience will roll out to eligible Voya participants over the coming weeks at no additional cost.

“We’re advancing Voya’s commitment to meet individuals wherever they are on their retirement journey to help them increase their financial confidence,” said Laurie Lombardo, senior vice president and head of Retirement Product at Voya Financial. “Our solution delivers personalized, actionable guidance—intended to help our participants make informed decisions that support their financial well-being, not only as they prepare for retirement, but throughout every stage of it.”

The new guidance experience offers retirement income estimates, personalized calculations, withdrawal strategies, and multi-factor analysis that incorporates real-world inputs like multiple income streams and varying retirement ages, Voya states.

“Retirement platforms may leave people wondering what to do when it’s time to turn savings into income,” said Chris Moran, head of Partnerships and Relationship Management at SAVVI Financial. “This participant tool changes that by meeting people where they are–helping them see what their financial future could look like, and giving them clear, personalized steps to help them get there. It takes the guesswork out of one of life’s biggest transitions.”

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