Get guaranteed income for life beyond 90
Backed by Mass Mutual
Brought to you by Haven Life
Be ready for the best-case scenario
AgeUp provides guaranteed monthly income for life beginning at your target payout age between 91-100.
Available if you’re age 50-75.
Rest easy
Income you can't outlive, a price you can afford
How AgeUp is different
Pay over time
Typical longevity annuities require an upfront payment of at least $10,000, but AgeUp lets you pay in monthly installments of as little as $25.
Longer deferral period
Most longevity annuity payouts can only be deferred until age 85, but AgeUp payouts start at any age you choose between 91-100. The longer deferral allows for higher monthly income at a time in life when it’s usually needed most.
| Age Up | Typical longevity annuity | |
|---|---|---|
| Minimum initial payment | $25 | $10,000 |
| Average initial payment | $50 | $181,0002 |
| Premiums payments | Monthly installments | One-time lump sum |
| Age payouts begin | 91-100 | No later than 85 |
| Optional death benefit | ||
| Lifetime income |
Getting curious?
Learn about how AgeUp works for you
See how AgeUp compares,
dollar for dollar
| Age Up | Typical longevity annuity | |
|---|---|---|
| Initial payment | $50 | $17,350 |
| Monthly premium | $50 | $0 |
| Payouts begin at age | 95 | 85 |
| Total premiums paid | $17,350 | $17,350 |
| Estimated lifetime payout | $2,499/mo | $516/mo |
The left shows an example AgeUp estimate for a 65-year-old man with a $50 monthly premium and payouts starting at 95. On the right is the result of spending the same amount on a typical longevity annuity, using the highest payout age of 85.
Estimates from 2/27/20, 65-year-old man from Massachusetts, no refund in case of death prior to income payments beginningWait, where did $17,350 come from?
You’ll stop paying premiums 13 months before your payouts begin, so $17,350 = $50/mo x 28 years, 11 months.
Why AgeUp?
Affordable
Choose your own premiums, starting at just $25/mo
Guaranteed
Income is shielded from market risk and will never run out3
Flexible
Use the payouts for anything you need, with no restrictions
Easy
Buy online in minutes - no doctor visits or health info required
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What the press says about AgeUp
“It's affordable for almost everyone.”
“What's best about AgeUp is that you can contribute in low monthly payments. Unlike annuities that require large lump sum deposits upfront… it's affordable for almost everyone.”
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. Best4
Scale
Total assets of $280B in 2019
Ready to get started?
See how AgeUp can help with a quick online estimate.