Financial planning

Latest Stories

12 Tips to Help You Become Financially Fit

By Joseph Radovic | June 28, 2017

I was struck by how much of what I learned in my journey to complete an IRONMAN marathon could correlate to anyone striving to move ahead in their personal or business life. The parallels between physical health and financial health were striking. Here are 12 tips to help you become financially fit.

What to Expect When Working with a Financial Adviser

By Michael Hartman, RICP® | May 9, 2017

I recently led a Lunch and Learn session for the associates at Penn Mutual’s home office on what to expect when working with a financial adviser. The session was very popular, which shows that people everywhere – even those who work at a life insurance company – have similar questions and concerns about working with an adviser.

Make Life Insurance Your Business Partner

By Margaret Muldoon | May 2, 2017

Business owners know firsthand that building their business and staying successful requires significant time and resources. Yet many small business owners are not aware of critical business planning areas that put the future of their businesses at risk if left unaddressed. Life insurance can be an excellent partner in many aspects of business planning.

3 Money Mistakes You Don’t Want to Make

By Ande Frazier | March 1, 2017

When it comes to your personal finances, a mistake can really impact your financial future. These 3 money mistakes are ones that you generally don’t want to make.

Financial Planning for Long-Term Care

By Kevin Gianfortune | November 29, 2016

Make no mistake about it: Long-term care can be enormously expensive, so much so that it can throw the most carefully crafted retirement or estate plan out of whack. The average cost of care here in the Philadelphia area is around $7,000 to $9,000 a month for skilled nursing care, and the costs are much the same throughout the country. Elder care is also fraught with potential traps.

Saving for Retirement: Myth vs Reality

By Lisa Powell | July 20, 2016

Research tells us that 53 percent of households are “at risk” of not maintaining their living standards in retirement. While much of that is simply because people are not saving enough, even those who think they are doing a good job planning for their future may have made some mistakes due to some big myths surrounding retirement saving.

12 Financial Tips for Newlyweds

By Alison Pettine-Hecker | May 24, 2016

Getting married is a wonderful event, but it is guaranteed to present financial challenges, no matter how you approach it. Here are 12 things that I tell my soon-to-be-married clients to discuss, some of which I learned from my own experiences as a recent newlywed.

10 Financial Things To Do Before You’re 40

By Zachary Meissner | March 1, 2016

There truly are some important financial things you should do before you turn 40. There is a good reason for this: At age 40, you are still relatively young and healthy, and time is on your side.

Suddenly Single: Financial Advice for Newly Widowed and Divorced Women

By Joan Wilton | February 9, 2016

Women who suddenly find themselves alone, either through divorce or the death of their spouse, face some daunting financial challenges.

Five Secrets to Funding Life Insurance

By Ben Rovee | January 12, 2016

Despite the important role that life insurance plays as part of a sound financial plan, many people feel they can’t afford it. Let’s face it, money is a limited resource. But, part of the problem is people make their money decisions one at a time, independent of every other money decision.