Footnotes:
  1. Life expectancies shown are for a non-smoking 65-year-old in excellent health. Source: Society of Actuaries, "Actuaries Longevity Illustrator," Retrieved August 3, 2020
  2. The average deferred income annuity premium was $181,000 in 2018. Source: LIMRA Secure Retirement Institute, “Annuity Buyer Metrics Summary Report,” 2020
  3. Massachusetts Mutual Life Insurance Company (MassMutual) and its subsidiaries C.M. Life Insurance Company and MML Bay State Life Insurance Company are rated by A.M. Best Company as A++ (Superior; Top category of 15). The rating is as of February 1, 2021 and is subject to change. MassMutual has received different ratings from other rating agencies..

How AgeUp works

Ready to get started?

See how AgeUp can help with a quick online estimate.

Ready to get started?

See how AgeUp can help with a quick online estimate.

AgeUp provides guaranteed income if you live a long life.

Get an estimate

Give yourself a happily ever after 90

AgeUp provides guaranteed income if you live a long life.

How AgeUp works

Get an estimate

Get started online

Get started online

Schedule a call

Give us a ring

Give us a ring

Give yourself a happily ever after 90

A new take on longevity protection

AgeUp is a longevity annuity (sometimes called a deferred income annuity, or DIA). Similar to a pension or Social Security, longevity annuities provide a constant stream of future income to help ensure you won’t outlive your resources. With AgeUp, that income is backed by MassMutual and guaranteed to continue for as long as you live.

Or learn more with a 5-minute phone call:

Dial (888) 452-4387

Flexible monthly premiums starting at $25/mo

Payouts begin between
91-100, allowing for greater monthly income

Large one-time premium ($10,000 minimum/
$181,000 average)3

Can only be deferred until 85, resulting in smaller payouts

Typical longevity annuity

While AgeUp is a longevity annuity, it has two key differences compared to most others on the market:

Affordable for almost everyone

The minimum upfront cost for a traditional longevity annuity is $10,000, and the average initial contribution is $181,000, but AgeUp is designed to be accessible to almost everyone. Instead of a single upfront payment, AgeUp lets you break the purchase into affordable monthly installments of as little as $25.

Longer deferral, larger payouts

AgeUp payouts start later than most longevity annuities, which allows for greater monthly income, dollar for dollar.

Get an estimate

How can AgeUp guarantee lifetime income?

AgeUp payouts come from three sources:

Premium repayment

A portion of each payout is your premiums being paid back to you.

Growth of premium

Your premiums are conservatively invested by MassMutual, and part of each payout represents interest income. However, MassMutual takes on all the investment risk – so even if markets underperform, your guaranteed income amounts from AgeUp are set in stone and will never fluctuate.

Longevity credits

Imagine a group of 10 friends are concerned about running out of money in retirement, so they each put $10,000 into a checking account, agreeing to split it evenly in 20 years. Unfortunately, only seven of them are alive 20 years later, so they each receive $14,286 instead of $10,000. The extra $4,286 each person received came from something called longevity credits (also known as “mortality credits”).

By dividing the funds among those who are alive, longevity credits allow groups of people to share the risk of outliving their retirement resources. They’re also an essential part of how pensions, Social Security, and longevity annuities can guarantee lifetime income.

Getting curious?

See how AgeUp can help with a quick online estimate.

Get an estimate
MassMutual

Backed by one of the best

AgeUp is issued by MassMutual and developed and sold by Haven Life Insurance Agency, a MassMutual-owned innovation hub that’s building new technologies to make buying financial products actually simple.

Stability

MassMutual has been in business since 1851

Strength

Rated A++ for financial strength by A.M. Best3

Scale

Total assets of $280B in 2019

AgeUp comparison chart

On the downside, AgeUp isn’t liquid like stocks or savings accounts. There’s no early access to the money and no principal, so you should only consider AgeUp if...

  • You’re in pre-retirement or early retirement
  • You’re in good health
  • You can afford to trade small monthly payments now for guaranteed income in the future

Guaranteed return

Each slice of future income is locked in at the time of purchase, and your payout amounts are guaranteed by MassMutual, regardless of market performance.

Lifetime income

Unlike savings and other liquid assets that can run out, AgeUp provides guaranteed income that will continue for the rest of your life - no matter how long that is.

How AgeUp compares

Longevity annuities like AgeUp are great for safeguarding against two major concerns: investment risk and longevity risk, or the chance of outliving your savings.

Backed by one of the best

AgeUp is issued by MassMutual and developed and sold by Haven Life Insurance Agency, a MassMutual-owned innovation hub that’s building new technologies to make buying financial products actually simple.

While AgeUp is a longevity annuity, it has two key differences compared to most others on the market:

How AgeUp compares

Longevity annuities like AgeUp are great for safeguarding against two major concerns: investment risk and longevity risk, or the chance of outliving your savings.

AgeUp comparison chart
Birthday cake

Happy birthday, future you!

Millions of Americans will live into their 90s. That's great news, but few can afford it. For about the price of one dinner a month, AgeUp provides guaranteed income late in life.

Chance of living to a given age
For a healthy 65-year-old non-smoker1

 
Women
 
Men
Age 90: 52% chance for women, 42% chance for men. Age 95: 30% chance for women, 21% chance for men. Age 100: 12% chance for women, 7% for men.
Get an estimate

Happy birthday, future you!

Millions of Americans will live into their 90s. That's great news, but few can afford it. For about the price of one dinner a month, AgeUp provides guaranteed income late in life.

Options

1. Choose your options

Choose a monthly premium as low as $25 and an age from 91-100 to begin receiving payouts. Worried you won't live that long? You can also choose to have your premiums returned to a beneficiary.

2. Build your future income

With each monthly premium, you increase the amount of guaranteed future income.

Coins

3. Breathe easy

When you reach your target payout age, get guaranteed income every month for the rest of your life.

Dollar sign
Get an estimate

1. Choose your options

Choose a monthly premium as low as $25 and an age from 91-100 to begin receiving payouts. Worried you won't live that long? You can also choose to have your premiums returned to a beneficiary.

Options

2. Build your future income

With each monthly premium, you increase the amount of guaranteed future income.

3. Breathe easy

When you reach your target payout age, get guaranteed income every month for the rest of your life.

AgeUp
MassMutual
Backed by

Just a quick chat! There's no obligation or pushy salespeople.

Or call (888) 452-4387