Healthspan Wealth opens early access to AI longevity planning tool

Healthspan Wealth has opened early access to its AI-supported longevity and health planning platform and is seeking a limited number of advisor and firm partners. The tool is built for financial advisors as well as healthcare and legal professionals guiding families through later-life health decisions.

Founders Thomas C. West and Suzanne Schmitt started the company in 2025. West is a managing senior partner at Signature Estate & Investment Advisors; Schmitt worked on aging-investor strategy and wellness at Fidelity, Lincoln Financial, New York Life and Prudential. The founders hold five patents covering compliant information sharing and advisory workflows, according to WealthManagement.com.

West described the intent as keeping advisors in the conversation when a health event lands. "We're trying to give advisors better tools so that when they're encountering existing or new client relationships, they're not bystanders," he said, citing "obvious next best actions" and a better ability to connect with outside professional disciplines.

Just over 18% of advisors report using distribution-phase software specific to retirement income planning, and just over 7% use software for planning healthcare costs, according to the 2026 T3 Inside Information Software Survey. The survey was cited in the WealthManagement.com report. Accumulation-phase planning applications remain the norm.

Prudential's 2026 survey found that only 14% of retirees and pre-retirees felt at ease spending their savings, with 61% of respondents holding more than $500,000 in investable assets reporting discomfort about discretionary spending.