Retirement

Latest Stories

Life Insurance Can Balance Retirement and College Savings Goals

By Andrew Martin | June 12, 2018

Parents face a tough choice: Save for their children’s college education or save for retirement. Fortunately, this is not an either/or situation, because there are strategies that allow parents to save for both needs simultaneously. One important and often overlooked tool for achieving this is permanent life insurance.

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.

Catching Up on Retirement in Your 40s and 50s

By Jim Knox | April 17, 2018

Sometime in your 40s or 50s, you realize that the years are passing by in a flash and retirement isn’t as far into the future as you once thought. So, if you haven’t been saving all these years, what can you do to catch up on retirement savings when you are in your 40s and 50s?

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.

A Strategy for Optimizing Your Retirement Income

By Walter Young | March 14, 2018

“Save for retirement.” We’ve all heard the message of how important it is to save for retirement. But for all the talk about socking money away, there’s seldom any discussion of how to use that money in retirement so that it can last your entire life.

Four Commitments for Financial Success

By Carolyn Humphrey | February 6, 2018

Nowhere is a commitment more essential to success than when it comes to financial success. Here are four commitments you can make now that will help you understand what you need to do to reach financial success and, more importantly, the steps you need to take to make this happen.

How to Get Your Financial Life in Order on a Snow Day

By Cara Drew | January 23, 2018

Snow days can bring a welcome respite from the rush and bustle of everyday life. Suddenly housebound with nowhere to go and nothing to do, it can be a rare chance to just sit quietly watching the snow fall, or maybe to tackle some household projects you’ve been putting off. Here’s an idea that can combine deep thought with something you might have long neglected: Take some time to get your financial life in order. Here are a few financial things to think about if you find yourself with a snow day.

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.

The Living Benefits of Life Insurance

By Zach Hamilton | September 26, 2017

While the death benefit is the essential component of life insurance, there are many ways that permanent life insurance can be a valuable resource for you over the course of your life, while you are alive. We call these the “living benefits of life insurance,” and they can be significant.