Upgraded Retirement Calculator Tool: RetireSmart Ready

MassMutual RetireSmart Ready Tool

RetireSmart Ready Tool

Recap: Sharpening an online tool to give retirement plan savers clearer information and help them make better decisions

New Features:

  • Refreshed step- by-step navigation to make planning easier and quicker than before
  • Ability to include balances from other plan/provider accounts
  • New focus on income replacement success gives you an accurate picture in dollars OR income percentage of financial wellness in retirement
  • Changes to the site’s look, feel and navigation
  • Graphic illustration of how much income savers will potentially need in retirement and whether they are saving enough to get there
  • Savers can obtain guidance on what steps to take if their current savings strategy is falling short of their retirement goals.  Savers can choose to implement the recommended strategies by themselves, or work with a financial advisor on a recommended strategy

 

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