We are proud to share that Bouldin has been named Innovator of the Year at Thriving in the longevity challenge Powered by UpLink, the World Economic Forum’s open innovation platform.
By 2050, the global population over the age of 65 is expected to double to 1.6 billion, bringing significant challenges to the health and wealth of our planet. Manulife partnered with the World Economic Forum and UpLink on this challenge to identify accessible solutions that will help people around the world live longer, healthier and more financially resilient lives.
At Boldin, our mission is to help people build financial confidence by democratizing access to financial planning tools. Our essential self-directed tools and resources have been available for free since our company was founded, and we offer transparent, affordable pricing on our premium version, enabling anyone to plan their financial future. Our goal is to help millions of people model scenarios, manage and accumulate income with our powerful, easy-to-use platform. We’re proud of what we build and appreciate UpLink’s recognition.
Read Official announcement To learn more about the companies selected alongside Bouldin and how they are working to solve the challenges of preventative healthcare and financial well-being.
Democratic financial planning
Bouldin Retirement Planner democratizes financial planning by making high-quality financial tools available, transparent, and easy to use. The tools empower individuals to gain financial confidence across all levels of income and financial literacy.
Here’s how:
Affordable access to professional level tools
Not everyone can afford the services of a professional financial advisor. However, everyone deserves the financial well-being that quality advice can provide them.
Boldin harnesses technology and provides cost-effective ($120 after a 14-day free trial) access to software that does more than the professional tools used by advisors. We also offer a free platform that is more limited than the premium version, but much more powerful than the Retirement Calculator. These tools put advanced planning features in the hands of a wide audience.
As one user recently said, “This is more convincing than what I get from my financial advisor and is much less expensive.”
Transparent and compliant business model
Traditional financial services often prioritize high-net-worth individuals, with complex processes that can alienate the average consumer. According to another researchThe global financial services market is huge – likely to reach $33.54 trillion by 2024, with a growth rate of 7.7% from the previous year. This is a lot of wealth that is not in the pockets of ordinary people.
Boldin operates on a transparent business model with clear pricing and no hidden fees. Users know what they are paying for and the value they are getting, which enhances trust.
Comprehensive people-first planning
Bouldin offers a comprehensive approach to financial planning, which is essential for creating a secure and inclusive financial future.
Although savings and investments are important, they are only one part of a person’s financial journey. In fact, most people’s wealth is derived from the value of their homes and not from their retirement accounts. There are many life events — such as paying off debt, raising a family, and planning for health care and retirement — that require thoughtful financial planning.
Boldin is easy to use and reflects an approach that puts people first by prioritizing the user’s goals, resources, values, and priorities.
Personal insights
Bouldin Retirement Planner provides deep personal insights. You can think of the tool as a playground for your financial life, allowing you to see how any financial decision impacts your background situation.
Another Boldin user recently said: “I started creating an Excel model and gave up. Boldin did everything I hoped to do with my own model, and much more that I hadn’t thought of. The program is complex enough to do everything I need, but it’s also simple Enough to allow me to manage it without much outside help.
Purposeful education
Boldin offers educational resources, step-by-step guides, and insights to help users develop financial literacy and independence. We provide guidance throughout the planning process and users get helpful newsletters, access to an in-depth Help Center, and in-app messaging with our support team.
Our daily classes help people get started with the tool and recorded classes are available for people who want a deeper understanding of financial planning concepts.
We also offer fee-only credit coaching and financial advice for those who want professional reassurance.
Make informed decisions
You don’t need to call in a financial advisor to make an informed decision about your finances. The Boldin Retirement Planner enables you to run through any “what if” scenario and compare your financial results across several measures of financial health.
Most people make financial decisions based on their intuition or quick mental calculations. However, research in behavioral finance has revealed that these tactics often lead to completely wrong actions. The Bouldin Retirement Planner enables anyone to see the short- and long-term calculations on any financial decision—when to retire, whether you can afford a vacation, how much house you can afford, and more.
More confidence and better results
People who have a financial plan feel more confident about their financial situation and handle their money better.
Bouldin represents a seismic shift for financial services
Bouldin is changing the way the industry thinks and, more importantly, the way ordinary people think about financial services.
If you are a part of this change as another UpLink user or winner, we are proud to stand with you in the quest to improve the financial well-being of anyone interested in doing better.
About UpLink and the Prosperity Longevity Challenge
UpLink was created to help launch an entrepreneurship revolution to accelerate positive change for people and planet through innovation. The organization’s efforts focus on creating bridges within the innovation ecosystem, for entrepreneurs to connect with investors, corporate partners, experts and other organizations they need to scale. UpLink’s Innovation Challenges invite entrepreneurs to provide solutions to issues outlined in the United Nations Sustainable Development Goals. . The Longevity Prosperity Challenge called for solutions that promote preventive health care and financial well-being, enabling people of all generations to thrive and live resilient, long and financially satisfying lives. To learn more about UpLink, visit https://uplink.weforum.org/.
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