Retirement Planning

It’s never too early or too late to start thinking about your retirement. Your current income, retirement savings, and the age you plan to retire are just some of the factors to consider. It can feel overwhelming, but it doesn’t have to be. Our Retirement Planning page can help answer your retirement questions.

How much do I need to retire?

The average person leaving the world of full-time work at age 65 can reasonably expect to spend 20 to 30 years or more in retirement. We recommend that you speak with a financial professional for more detailed information, but for now, you can use our Retirement Calculator, which can help you estimate how much you will need to retire.

What is the best retirement strategy/plan?

The best retirement plan for you comes down to your specific needs – and everyone’s needs are different. That being said, in general, the best retirement plans usually involve a mixture of things: 401(k) plan, Social Security, retirement savings, etc. A diverse retirement plan, like a diverse portfolio, will help you to be ready for a financially sound retirement.






Annuities can be used to accumulate savings tax efficiently,2 secure a predictable income stream, and guarantee income you can’t outlive.



A tax-advantaged way to save for retirement. Both traditional and Roth IRAs are available, offering different tax advantages.

Whole Life Insurance


Upon your death, your loved ones will receive a death benefit that can be used to help pay final expenses or replace lost income. The guaranteed cash value can be used to help supplement your retirement income.3

Long-Term Care Planning


Help protect your assets from being used for long term care expenses and maximize your options for care if you become chronically ill or have a severe cognitive impairment.

What is a 401(k)?

Learn More

Access your pension annuity plan

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Be careful



Prevent debt from ruining retirement

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the age 50+

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1Final decisions about Social Security filing strategies always rest with you and should always be based on your specific needs and health considerations.

2There is no additional tax-deferral provided when an annuity contract is used to fund a tax-qualified retirement plan. Investors should only buy an annuity contract for the annuity’s additional features, such as lifetime income payments and/or death benefit protection.

3Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

The information provided is not written or intended as specific tax or legal advice. MassMutual, its employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.

Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA 01111-0001) and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (Enfield, CT 06082).