MassMutual Financial Group offers retirement services such as wealth management, life insurance, investment strategies and long-term care planning. The financial corporation also offers disability income insurance and assistance with annuities for individuals, families and companies seeking retirement planning services.Continue Reading
Financial professionals with MassMutual Financial Group consult with clients to determine retirement goals, such as the amount of retirement income they would like to have at 65 or retirement age and savings to cover the cost of long-term care. On average, MassMutual Financial Group recommends that individuals plan to save 80 percent of their pre-retirement income to maintain the same lifestyle during retirement. Financial planners with the company inquire with clients about the amount of funds they can invest and save and still maintain a healthy financial lifestyle until retirement.
MassMutual Financial Group also works with clients to determine the best route when investing money in stocks, bonds and annuities. A diversified financial portfolio can minimize financial risk. Timing also plays a part in how financial representatives recommend how to invest. For example, people who are in their 20s have the time to invest in high-risk investments whereas individuals in their 50s may need to take a safer route to secure existing funds.Learn more about Credit & Lending