Retirement

Latest Stories

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.

The Miracle of Life Insurance

By Maury Stewart | September 19, 2017

Life insurance is an amazing invention. It truly is a miracle, and here’s why. Life insurance is the only financial instrument I know of where, with a few strokes of a pen and a few pennies per thousand dollars of death benefit, you can create an estate immediately.

Planning Your Journey Up and Down the “Retirement Mountain”

By David LaBricciosa | July 25, 2017

I wrote recently in The Hill about how retirement is like climbing a mountain. The peak of the mountain is your retirement date, and the ascent is the struggle to earn and save along the way. Of course, getting to the top of the mountain is only half the journey. Once you reach the top, you still have to work yourself safely down.

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.

Countdown to Retirement: The Last Six Months

By Frederick Karp | April 4, 2017

By the time you read this, I will have retired. I officially retired from Penn Mutual on March 31, and I was asked if I would share my retirement planning journey.

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.

Diversifying Retirement Income Sources

By Penn Mutual | June 22, 2016

You’ve been working hard most of your life, with the end goal of retiring and enjoying life at your own pace. What you do now, in your pre-retirement years, is… Read More

4 Great Ideas for Using Life Insurance in Retirement Planning

By Brian Eckenrode | April 12, 2016

As clients approach retirement, their focus usually turns to generating income, adjusting portfolio risk, and avoiding asset spend-down. They may not consider life insurance a top-of-mind planning need at this time, but it should be. Life insurance is a multi-faceted product that can help enhance the quality of retirement in diverse ways.