Millennials

Latest Stories

Can Technology Take Place of An Adviser for Millennials?

By Stephanie Nguyen | July 11, 2018

According to 2018 Bank of America Millennial Report, one in four millennials often worry about their finances, and one in three named ‘not having enough money saved’ as a top stressor. Is there an app for that?

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.

Millennials: Live in the Moment but Plan for Retirement

By Jethro Kollie | December 12, 2017

Millennials are into experiences rather than ownership. Many futurists talk about how we live in a “post-ownership society,” where people would rather rent than own a house, use Uber and Zipcar instead of own a car, and use Spotify to stream music rather than own a CD from their favorite artist. But even people who live for today’s experiences should be planning for their financial future.

5 Reasons to Buy Life Insurance in Your 20s

By Penn Mutual | December 6, 2017

Buying life insurance in your 20s can yield some key benefits that you may lose out on by waiting to get covered. If you’ve been thinking about purchasing life insurance, but you’re not sure the time is right, here are five reasons not to put it off.

Yes, Millennials Can Qualify for Life Insurance

By Raymond Caucci | September 5, 2017

According to research by LIMRA , 41 percent of millennials think they don’t qualify for life insurance. I find that shocking, and I take it as a challenge. We in the insurance industry need to do a better job communicating the value of life insurance to younger generations. Ironically, millennials are probably among the best possible candidates for life insurance.

Why Financial Services is a Good Career Fit for Millennials

By Adam Paoli | August 29, 2017

The financial services industry presents an incredible opportunity for Millennials looking for not just a job but a career. The demographics of our industry alone make a compelling case. In a previous blog post, it was noted that the average adviser is over age 50 and approaching retirement within the next ten years. We are going to see many of those practices needing to be transitioned and eventually succeeded, and Millennials like myself are well-positioned to take advantage of that. But there’s more to this than just demographics.

Hitting the Trifecta: Drexel Students Study How to Reinvent Life Insurance for Millennials

By Cassandra Vidal | May 16, 2017

I am a student at Drexel University. Our class paired up with Penn Mutual to address three business challenges the company was facing. My team was assigned the first challenge: The Language of Life Insurance, changing the way people talk about life insurance, with a focus on reaching millennials and Generation Z.

Doubling Penn Mutual’s Field Force, Doubling Down on Diversity

By Jessica Choi | January 24, 2017

Eileen McDonnell wrote recently about Penn Mutual’s ambition to become one of the top ten life insurance companies by 2025, and a large part of that effort depends on growing and diversifying our field force.

The Secret to My Success: Always Look Five to 10 Years Ahead

By Maury Stewart | September 20, 2016

You might think it’s strange that someone who has been in the industry for more than 60 years is so focused on the need to change, but, frankly, the insurance industry has always been about change.

Reflections on My Time as a Penn Mutual Intern

By Bryn Freed | September 7, 2016

For as long as I can remember I hear people say “I have to go to work.” I say “I get to go to work” because I am extremely lucky to be a part of an amazing firm like Penn Mutual. Everyone I talk to tells me how much they love what they do and love Penn Mutual as a company.