Launched by Apricot Actuaries in 2021, Jubilacion offers retirement modelling as a service. Inspired by the Spanish word for retirement, Jubilacion is reinventing the way the superannuation sector helps its customers get excited by the lifestyle they can afford, with confidence, once they exit the workforce.
By partnering with 10E24 Pty Ltd, our calculation servers perform stochastic modelling not only at super fund level, but also at household planning level. We have mastered the art of presenting results to consumers in a way that’s user-friendly, intuitive and empowers engaged, confident decision making.
Nearly 100 factors about the household are taken into account and the customer’s projections are stress tested through thousands of probability weighted market sequences and lifespan scenarios. This enables decision making such as when to retire and how much to save, based on the probability of achieving desired lifestyle and other spending outcomes.
Jubilacion’s objective is to grow this as a service direct to consumers and to partner with other organisations in order to help their customers with their ‘Big Retirement Decisions’.