Broker Check

NYC Retirement Planning

The retirement of your dreams can be possible with an effective planning strategy.

Picture your retirement. Whether you’re enjoying time with your family and friends, traveling the world to learn about other cultures, volunteering for causes that are important to you, or working part-time to supplement your income, one thing is certain: you need a plan to make that dream a reality.

Popular retirement options include:

  • IRAs and Roth IRAs
  • Traditional employer-sponsored 401(k) and 403(b) plans
  • Investments such as stocks, bonds, etc.
  • Fixed and variable annuities
  • Permanent life insurance

Retirement Planning Specialist

Bernie Marx, Financial Advisor

With each passing year, as your family grows, your career takes off, or your children leave the nest, there are steps you can take towards reaching your retirement goals. Bernie Marx, Financial Advisor, shares how you can create a retirement plan best suited to meet your individual needs, goals, and timing. 

Penn Mutual now refers to its insurance professionals as "financial professionals" in place of "adviser."

When Should I Start Retirement Planning?

Start saving early for retirement in order to have time and compound interest on your side. Your retirement plan should factor in your current needs and future goals, because saving even a small amount each month can make a big difference later.

Starting earlier helps protect you from life’s surprises. Your retirement savings could be impacted by a variety of factors, such as:

  • Taking time off to care for children or aging parents
  • Losing your job
  • Becoming too ill to work as long as you expect

Your financial professional can help you look ahead and establish a plan to prepare for life's unexpected events.