Why I Use a Mutual Company for Retirement Savings

For retirement savings, I want my money to be there and I want it to earn as much as possible.

The mutual company is one owned by the policyholders, not stockholders. 

Why is that important to me? 

Because I like the idea that the company is working on my behalf, with its policyholders as the priority, not its stockholders. When a company goes public, they are in a sense borrowing from those who would invest in it to grow. I don't want that obligation to cloud or have undue influence on decisions that affect my retirement funds.

With a mutual company, all the profits are shared by the policyholders are turned back into the company to grow. I like that.

The next time you hear someone say something like: "We work for Main Street, not Wall Street." That is a mutual company trying to show you where their priority is.