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Now more than ever, people and companies are turning towards savings to help them manage the impact of COVID-19.
However, 78% of Americans are living paycheck to paycheck, and 41% of Americans would have to sell a personal item or borrow money to cover an unexpected $400 expense. How do we help Americans save?
Join Commonwealth and MassChallenge FinTech for a lunch discussion focused on how leaders in financial services and fintech are thinking about these challenges and helping all Americans build savings.
Panelists:
Jack Barry, VP, Head of Strategy and Transformation, John Hancock Retirement Plan Services
Zhivago Velasco, VP, Head Of Strategic Product Innovation, MassMutual
Lindsay Lockhart, Co-Founder and Chief of Staff, Neocova
Moderated by Nick Maynard, SVP, Commonwealth
About Co-Sponsor, Commonwealth:
Commonwealth has been tracking the impact of COVID-19 on financially vulnerable people and sharing insights, research, and best practices on responding to the financial impact of this crisis.
Commonwealth strengthens the financial opportunity and security of financially vulnerable people by discovering ideas, piloting solutions and driving innovations to scale. Our work has enabled more than 750,000 Americans to save over $2 billion. We collaborate with employers, consumers, the financial services industry, policy makers, fintechs, and mission-driven organizations to build solutions that make people financially secure. Learn more at www.buildcommonwealth.org and https://savingsproject.org/.
