Saving for retirement and other considerations from MetLife Retirement Resources

Key Phases

Saving for Retirement

Nearing Retirement

In Retirement

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Saving for Retirement

Your goal is simple: Maximize your savings so that you can enjoy a comfortable retirement. The sooner you start, the greater the likelihood that you’ll achieve the retirement lifestyle you want.
Even if your budget is your top concern, and you need to start small – start.

With a new job and a new family, saving for retirement could have been the furthest thing from Maria’s mind. But she knew that once she covered her basic expenses and emergency fund, it was time to start saving! Even modest savings can go a long way when they’re given time to grow; the key to building the nest egg you’ll need is starting early.

It Pays to Start Early! Assume you start saving $3,000 per year at age 50, with an 8% return, you’ll have nearly $100,000 at age 65. But if you start at age 35, based upon the same assumption, you’ll have nearly $400,000 at age 65*; four times as much! The lesson? It pays to start early.

Maria’s employer will match her 401(k) contributions up to 3% of her salary. Maria always makes it a priority every year to contribute at least enough to qualify for that match, and more when she can. If your employer doesn’t have a 401(k) – or if you can contribute more than your 401(k) will allow - you can make use of other tax-advantaged savings products like IRAs and Deferred Annuities. The secret: make the most of your tax-deferred opportunities. Your MetLife Rep will be happy to explain all your options.

If I want to make the most of my opportunities

Maria is also concerned about protecting what she’s saved and making sure it will translate to adequate retirement income. Could she keep saving if she were unable to work? Can she guarantee how much retirement income she’ll receive, and that it will last throughout her retirement? Insurance companies offer guarantees** that can help her protect her savings and maximize her future income: disability income insurance, immediate annuities and deferred annuities. Read more about savings and investment options.

People are living longer and spending more time enjoying retirement. Deferred Income Annuities can help you protect and maximize your income retirement or can help you make the most of what you have. Learn more. Contact a MetLife Rep today.

Products	Retirement Tools
Deferred Annuities	Income Annuities Guide - NEW!
Immediate Annuities	Retirement IQ Quiz - NEW!
IRAs	Retirement Income Snapshot - NEW!
More...	Social Security Decision Tool - NEW!
	Life Expectancy Calculator
	More...

Not sure where to start? Have a MetLife Rep Contact You >


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For any tax-qualified account, e.g. 401(k) plan or IRA, the tax deferred accrual feature is provided by the tax qualified retirement plan. Therefore, there should be reasons other than tax deferral for acquiring an annuity contract within a qualified plan, such as the death benefit.

*Assumptions: Contribution is made at the beginning of each year, 8% effective yield, no withdrawals. This example does not describe any particular financial product or MetLife product.

** Guarantees apply to certain insurance and annuity products (not securities, variable or investment advisory products) and are subject to product terms, exclusions and limitations and the insurer’s claims-paying ability and financial strength.

Metropolitan Life Insurance Company, 200 Park Avenue, New York, NY 10166. Securities products offered by MetLife Securities, Inc.(member FINRA/SIPC), 200 Park Avenue, New York, NY 10166. Metropolitan Life Insurance Company and MetLife Securities, Inc. are affiliates.

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