Private Pension Firm Abaris Is Now Blueprint Income

Published January 5, 2018
When private pension provider Blueprint Income was founded in 2014, it was originally called Abaris. But today, the companies are being united under one name.
  • Private pension firm Blueprint Income was originally called Abaris, and today, everything that Abaris offered is now available under Blueprint Income.
  • Why the name Blueprint Income: A good plan starts with a blueprint. A secure retirement has guaranteed lifetime income as its foundation.
  • Abaris was created to make the annuity market work better for people close to retirement. Now, with Blueprint Income, we’re working to make it work better for everyone.

Today, we’re phasing out Abaris (the original name of our company) and offering everything Abaris used to at the private pension site annuities.blueprintincome.com.

Private pension firm Blueprint Income
Blueprint Income, formerly Abaris, founders Adam Colombo, Matt Carey, and Nimish Shukla.

In 2014, Adam, Nimish, and I began building a better path to a secure retirement for millions of Americans using private pensions. Longer life spans, increasing uncertainty about Social Security, and the decline of employer pensions all have made retirement harder and more do-it-yourself than at any point in history.

How do we address that problem? We provide a simple annuities guaranteed by highly rated insurers — offered at the most competitive prices, with the most objective information, and with the most seamless process.

Private Pension: Why The New Name?

Frankly, the decision to update our name and brand has been an easy one. Abaris never clicked with users, investors or even us. Abaris, in Greek mythology, advised Apollo on important decisions. But not everyone knew that. And not everyone pronounced it the same way.

We love how Blueprint Income gives us a way to talk about private pensions and what we do and how we do it in a simple and emotive way. Any good plan begins with a blueprint. And a secure retirement has income (hopefully from us!) as its foundation. We think Blueprint Income is not only more pronounceable, but also articulates what we do better. A good plan starts with a blueprint. A secure retirement has guaranteed lifetime income as its foundation.

Private Pension: The Latest With Us

A lot has changed in just over 3 years since starting the company. We’ve helped our customers turn tens of millions of dollars of their hard-earned money into a guaranteed paychecks to sustain their retirements. And we’ve built an awesome team that’s working relentlessly to help us achieve our vision.

2017 was a particularly exciting year. We grew our business considerably. We added 5 more insurers to the platform, giving our customers more options and even better pricing. We doubled the size of our team. And we raised new funding from venture capital firms run by the former CEO of Visa and other well-known investors.

We also worked to offer a pension-like product that generates guaranteed annuity retirement income, which some of you have already purchased — the Personal Pension.  The Personal Pension is just like a deferred income annuity, but you buy it on a subscription, in small pieces over time. It’s great for people who aren’t yet ready to make a large commitment and gives younger folks better access to retirement security. Launching this new innovation at the same time as the name change seemed to make sense.

Personal Pension: Thank You!

Thank you! Since 2014, we’ve worked hard to make the annuity market work better for you. And you’re the main reason we’re able to do that. You’ve trusted us as the place to get the best information, selection, and pricing, and that has helped us spread the word to more and more people.

Now as Blueprint Income, we can’t wait to see what 2018 holds — for us, for our current customers enjoying the peace of mind of a retirement guarantee, and for new customers we hope to have the opportunity to serve.

Personal Pension: What’s Next?

If you’re interested in buying a private pension, you can do so here on our website. Click below to see what annual contributions into a Personal Pension will guarantee you in annuity retirement income. After just a few years in retirement, you’ll have recouped your initial investment, and the rest will be profit. A $5,000 contribution is necessary to start an account.

From there, you can fill out the information to have one of our specialists follow up with you, or continue with the enrollment process on your own. To do that, start with the Personal Pension Builder, where you’ll be able to set a goal for how to grow your pension over time. Note that all future contributions are optional, but it’s always great to have a goal.

 

Interested in learning more about retirement and the Personal Pension? Sign up here to be on our newsletter.

 

Matt Carey

Matt Carey

Financial Planning Professional

Matt Carey is the co-founder and CEO of Blueprint Income. He believes in the power of technology to make retirement simpler. Matt is a regular contributor to Forbes.com and has been quoted in both the New York Times and Morningstar.