Retirement Savings

News from Your Retirement Investors’ Club (RIC) Providers 

December 2019 

From time to time, one or more of the RIC providers (AIG, Horace Mann, MassMutual, Voya) share tools and information to assist retirement savers with planning and investment strategies. See current messages from the providers below.

Setting Financial Goals
Preparing for your financial future requires setting goals and creating a plan to reach them. To do this, start with a list of short, medium, and long-term goals based on your needs, wants, and values. 

Rank your list and create action steps for each goal. Consider breaking larger goals into smaller tasks to help you feel like you are making progress and to stay motivated.

When saving toward a goal, consider where the money will come from and how much you can spare in your day-to-day expenses. Utilize the AIG savings calculators and evaluate progress toward your financial goals often, celebrating success and adjusting anything that may not be working.

If you need assistance setting financial goals, schedule time with one of our dedicated financial advisors by calling 888-569-7055.

Make Retirement a Priority
It is estimated that you will need 70 to 80 percent of your current income to maintain a similar way of life after you retire. For example, if your annual salary is $50,000, you may need $35,000 to $40,000 a year in retirement to continue your current lifestyle. Personal goals and plans for retirement vary. The key is to identify what your goals are and the sources of income available to help you get there. If there’s a gap between where you are and your goals, you may be able to tweak your current savings and employer’s retirement plan to help you save more.

If you need help finding a way to close the gap, contact a Horace Mann representative or log on to

On November 6, 2019, MassMutual rolled out two-factor authentication - an update to the website that requires retirement plan participants to activate an extra layer of security. 

To activate this security, go to and enter your existing login credentials. From there, you will be guided through steps to establish a new, even stronger and more secure username and password that requires an email address and a phone number for verification. 

Don’t delay. Safeguard your account information by updating your login credentials now. If you have questions or need assistance with the new login process, please call 800-743-5274.