Munster failed to achieve a third European Cup at the weekend.
Current champions Saracens are through to their second straight final after deservedly beating Munster by 26 points to 10 in the Champions Cup semi-final at the Aviva on Saturday.
Munster trailed by just 3 points at the break, but the English side pulled away in the second half through tries from Mako Vunipola and Chris Wyles.
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CJ Stander scored a late consolation for the Reds.
After the game Munster director of rugby Rassie Erasmus said that Munster have to aim to reach the same standard as Saracens.