Retirement

Latest Stories

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.

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.

Social Security Changes You Need To Know

By Lynn Nolan | January 5, 2016

The Bipartisan Budget Act of 2015 signed into law November 2, 2015 effectively eliminates two popular Social Security claiming strategies: file and suspend and file restricted.

The Eight Myths of Small Business Retirement Planning

By Lynn Nolan | May 26, 2015

When you love what you do, it’s natural to plan to work through retirement, but that’s not always possible. Here are eight common myths about retirement planning that often trip up small business owners.

What Millennials Need to Know About Financial Literacy

By Vincent Stellato | April 28, 2015

As a millennial, I understand the challenges of getting started on the right financial path. There are so many competing and urgent demands for our money — rent, food, car, gas, student loans, fun, travel — making long-term financial plans seems impossible.

Retirement Planning Week is a Time for Action

By Lynn Nolan | April 14, 2015

This week is Retirement Planning Week. It’s a week for action, not for contemplation. What does that mean for you? Here are five specific actions you can take this week.