MetLife Works with Fidelity Investments® to Offer Guaranteed Lifetime Income through New Retirement Solution

NEW YORK–( BUSINESS WIRE )–One of the challenges facing retirees as they approach the next phase of their lives is ensuring that their savings last through retirement. In fact, MetLife research found that a majority (71%) of U.S. employees are concerned about outliving their retirement savings, up from 60% just two years ago. To address these concerns and help retirees enjoy a more confident future, MetLife is working with Fidelity Investments ® to offer the MetLife Guaranteed Income Program ® , a fixed immediate income annuity, through Fidelity’s new retirement income solution, Guaranteed Income Direct.

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