Remember all the stories about technology making your life better?
We’ve had technology for everything from dating to pizza delivery, but we’ve yet to see innovation take on one of the most important and least-talked about issues facing middle class Americans: generational wealth.
Why Is Generational Wealth So Challenging?
For the longest time, I wondered if generational wealth was simply too big a problem for Silicon Valley to take on.
In fact, the very notion of generational wealth has largely been relegated to the wealthiest Americans - the 1% - who give their children trust funds and legacy admissions to Ivy League institutions. Meanwhile, middle class Americans fight uphill battles to protect their families' earnings and create opportunities for their children against inflation, high interest rates and systemic inequalities that disproportionately hurt professional women and people of color.
Despite the myth of a generational transfer of wealth coming to save younger Americans, the reality has thus far been one of corporate layoffs, mounting student loan debt, declining access to home ownership, and the expectation of putting off hopes for retirement for years while caring for elderly parents amidst the rising cost of long-term care.
Introducing TenYour
Creating generational wealth is not easy. Millions of Americans have attempted and failed at this very task simply because of one hospital bill, one lost job, or worse one social injustice, for generations.
We believe that in order to create generational wealth, you first have to protect against the negative impact of a layoff or loss of income. This is why our first product is intended not only to create generational wealth, but to provide the kind of safety net the wealthiest Americans have had for ages.
Introducing Safety Net
by TenYour
With Safety Net by TenYour, you’ll be able to protect your savings, 401k and other assets in the event you lose full-time employment due to a layoff event. Here’s how it works:
- You sign up for Safety Net and pay a monthly premium ranging from $50 to $150.
- If you are laid off, after a 6-month introductory period, you receive the Benefit associated with your chosen plan with payout amounts ranging from $1,000 to over $14,000.
- If you are not laid off before 36 months, every dollar of your monthly premiums will begin receiving a 25% enhancement - yes, that’s free money from us - as long as your plan stays active. Let's get your money compounding!
- Even if you are laid off after 36 months, if you do not completely drawdown your Benefit, you’ll still be eligible for accruing enhancements so long as you maintain your monthly premium payments.
- In the first 6 months, you receive a full money-back guarantee. Plus, you can upgrade or downgrade your plan anytime.