As a child growing up in Los Angeles, I watched my immigrant parents work tirelessly to provide for their family and employees. As owners of a grocery store and a restaurant, my parents valued education and hard work. While they took care of everyone around them, they didn’t invest in their own retirement, leaving them vulnerable in their later years. With 1 in 4 Americans having no retirement savings, my parents are an all too familiar story in the US; equal parts inspiration and cautionary tale.
Which is why, after a career at leading Wall Street financial institutions, I’ve founded Penelope, a retirement savings platform exclusively for small business owners and their employees.
Designed to build bright financial futures for the nearly 60 million American employees of small businesses, Penelope eliminates the hassle, jargon and hidden fees that make 401(k) plans prohibitive to most small and micro businesses.
Please visit us at Penelope.co to see how we’re helping small and micro businesses build a new generation of wealth for themselves and their employees.