Keep Your Income Flowing—Even In Retirement
What if your retirement savings paid you—every month?
You can consider turning a portion of your retirement annuity savings into predictable monthly income “paychecks” that are guaranteed for life.1
How Does an Annuity Work?
Step One
First, you save.
Step Two
Your savings accumulate.
Step Three
Then, you can annuitize.
Step Four
And collect your checks.
When you first began contributing to your employer-sponsored retirement plan, you may have chosen an annuity, if your plan offered one.
During your working years, you work hard to build up your annuity savings that potentially grow through your contributions, interest earned, and employer matching contributions, if offered by your plan.
The time during which you are saving is called the accumulation phase.
Eventually, the day comes when you cash your last paycheck. When the time is right, you can consider turning a portion of your annuity savings into a monthly "retirement check."
This is called the annuitization phase.
Your annuity can supplement your retirement income with guaranteed monthly checks for life, providing income you and your loved ones can count on.
How Does Lifetime Income Work?
Monthly Expenses
Figure out your must-have monthly expenses.
Retirement savings
Decide how much of your retirement annuity savings you want to turn into monthly income.
Retirement Paycheck
Choose when you want your monthly “retirement paycheck” to start, and who else you’d like to cover.
Retirement Paycheck
Receive your steady “retirement paycheck”, so you can focus on enjoying your retirement.
Guaranteed Income
No complicated choices —just guaranteed income you can count on, every month.
Navigating life together
For over 157 years, Metlife has been there for those who rely on us—through wars, pandemics, and economic crises. We’re here to help you navigate uncertainty and help secure your retirement.