While many adults look forward to retirement with excitement and a sense of adventure, this life milestone comes with many financial considerations. There are very few ways to make an income in the senior years and avoid being a burden on family members or the government. Fortunately, there are savings and social security programs to help people prepare to leave the working world.
Blockchain has arrived at a time of great opportunity. The status quo between working people and retirees is under a large threat, and the technology can resolve the challenges that currently exist in the pension industry. Less cost with more transparency leads to more convenient management of funds. This moves the pension system and stakeholders closer together.