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Online Retirement Income Quiz Launched

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Online Retirement Income Quiz Launched

The MetLife Mature Market Institute has launched a new Retirement Income Quiz, a 14-question interactive tool designed to help those planning for retirement determine how much they know about retirement income and to offer them a better understanding of how to make their money last for the duration of their lives.

RIQResults from the Retirement Income Quiz presented in 2011 revealed that the majority of individuals who took the quiz answered only 1/3 of the questions correctly, indicating misperception and misunderstanding in a number of core areas, such as life expectancy, inflation, retirement income/savings, long-term care, and Social Security.

"We've made this quiz available to the general public to help them become aware of what they'll need in retirement and how much it's going to cost to maintain their current lifestyle, especially in light of today's longer life spans," said Sandra Timmermann, Ed.D., director of the MetLife Mature Market Institute. "We hope this will encourage Americans to take the next appropriate steps. For those who haven't done so, it's a good idea to talk to a financial professional to determine the right retirement income strategy with a steady income stream tailored to the individual or couple."

Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this communication is not intended to (and cannot) be used by anyone to avoid IRS penalties. This communication supports the promotion and marketing of insurance, annuity and other financial products and services. You should seek advice based on your particular circumstances from an independent tax advisor.

MetLife, its agents and representatives may not give legal or tax advice. Any discussion of taxes in this communication or related to this communication is for general information purposes only and does not purport to be complete or to cover every situation. Tax law is subject to interpretation and legislative change. Tax results and the appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances. You should consult with and rely on your own independent legal and tax advisers regarding your particular set of facts and circumstances.

MetLife Resources is a division of Metropolitan Life Insurance Company (MLIC), 200 Park Avenue, New York, NY 10166. Securities products are offered through registered representatives of MetLife Securities Inc. (MSI) (member FINRA/SIPC), 1095 Avenue of the Americas New York, NY 10036. MLIC and MSI are MetLife companies.

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