Academics and financial writers increasingly recommend that "guaranteed lifetime income" should be a component of an individual's portfolio in retirement. This provides the investor with flexibility and control over their retirement nest egg, while also providing a base for income security needed to offset a number of risks faced in retirement, including longevity and inflation. The MassMutual Retirement Management Account can help make managing your income in retirement easier. MassMutual also offers immediate annuity products that can provide income for as long as you choose; even for life.

The MassMutual Retirement Management Account can help make managing your income in retirement easier. You may think you have enough for retirement, but what if something unexpected happens?

For this reason, many Americans are unprepared to retire – despite years of saving. How can you achieve the income security needed to offset a number of risks faced in retirement, including longevity, inflation and health care?

The RMA helps you manage the right mix of mutual funds¹ for growth potential and an immediate annuity for guaranteed income² that may result in a more sustainable lifetime income. Here is how the four features of the program work together.

1. A retirement income planning tool provides a constant recommended withdrawal rate and compares income strategies for you. 2. A multi-premium immediate annuity generates guaranteed income. 3. A mutual fund model portfolio is matched to your investment risk tolerance and there is a separate cash reserve for additional liquidity. 4. With the retirement income administration system, withdrawals from mutual funds and annuity payouts are all in one check and one RMA statement.

The RMA is a rollover IRA and investment advisory program that lets you decide, with the help of your advisor, how much to withdraw from your account, what portion should go into the multiple-premium immediate annuity, and what portion should be invested in mutual funds. Your income can be adjusted up or down as needs change.

Learn more about the RMA or find a MassMutual financial professional to obtain more information.*