Financial planning

Latest Stories

Four Big Mistakes Newlyweds Make with Their Finances

By John Caserta | August 28, 2018

One big source of stress for many newlyweds is the household finances. After years of being single, getting married can make money matters suddenly seem more complicated. Here are four of the big financial issues that can pop up.

Making Cents of Having Children

By Justin Cowell | July 24, 2018

Having a child brings huge financial changes to your life. It’s not just suddenly spending a lot more disposable income on things like diapers, clothes, and baby monitors, but you may also find a change in perspective. It’s important to get your financial house in order to protect your growing family.

Personal Finance in Your Middle Years

By Kevin Gianfortune | July 3, 2018

For those of us in our “middle years,” this is an important time in our lives. We are hitting our stride in our careers, we’ve settled down with a spouse and a house, and maybe started a family. Things that were once remote possibilities are starting to take a more concrete form. With this in mind, we need to start thinking differently about our financial lives.

What to Do with an Inheritance

By Margaret Muldoon | May 29, 2018

When my father died two years after my mom, he left me half of the family home and the majority of his life insurance. I was working in the financial services industry by that point, so I understood the value of meeting with a financial adviser, who gave me guidance on what to do with my inheritance.

The Importance of Cash Flow in Your Personal Financial Planning

By Mark Mappa | May 23, 2018

We think of cash flow as something only businesses or governments contend with, but it is integral to our personal financial lives as well. Cash flow enables us to do what we want, and to help achieve our goals or objectives — whether to get a mortgage, save for college, take a vacation, or save and invest for retirement.

Financial Planning for Families with Love Ones with Special Needs

By Pat Bergmaier | May 8, 2018

Financial planning for families with special needs children can be challenging because “special needs” means special on every level. There is no cookie-cutter solution that can guide people in the journey.

Be Prepared Before Starting Your Own Business

By John Caserta | May 1, 2018

There comes a point when many people wonder whether they should strike out on their own and start their own business. Approximately 14 percent of working-age people in the U.S. are entrepreneurs. But while the siren song of entrepreneurship may sound sweet to those laboring at the oars as wage-earning employees, careful planning is needed to ensure you don’t end up dashed upon the rocks.

5 Ways to Balance College and Retirement Savings

By Penn Mutual | April 10, 2018

Saving for one goal doesn’t have to mean sacrificing the other. Try these strategies to help you prioritize and balance college and retirement savings.

Why Personal Coverage Reviews are Important

By Claire Gallagher | February 20, 2018

Life insurance is not a “once and done” decision, as the needs and purposes behind life insurance changes over the course of a lifetime. That’s why personal coverage reviews are important. The “personal” in the phrase “personal coverage review” is intentional, as the process starts with a review of what has changed in your personal life.

What I Learned from Visiting a Financial Adviser

By Madison Hughes | January 30, 2018

As a professional rugby player my schedule is incredibly busy. I recently had the opportunity to sit down with a Penn Mutual Financial Adviser, and I am better off for having this experience.