Jalene Hahn: Bracket predictions and investing: Lessons for success
When I think about the March Madness experience, I find parallels in investing.
When I think about the March Madness experience, I find parallels in investing.
The Roth 401(k) option is not widely used, but for the right situation can be extremely beneficial.
There is a lot of data analyzed before making predictions.
While it is true a high income can go further than a low income, financial stability is ultimately determined by your spending choices.
Taking conscious steps to navigate the holiday season can lead to a more enjoyable and less stressful experience.
There are RMD aggregation rules that govern which RMD accounts can be combined and which accounts need to have their own distribution.
There is still confusion about when you need to start your required minimum distributions, how they are calculated and how to take advantage of a tax-free distribution.
While our children are important, at some point, parents need to stop subsidizing their everyday expenses.
Supporting adult children financially has become a common practice in modern times.
Getting ready for retirement financially is a lifelong balancing act between having an enjoyable current lifestyle and preparing to maintain a comfortable lifestyle over a long, uncertain future.
Mental health challenges such as anxiety, depression and bipolar disorder can make it difficult to perform daily tasks and maintain healthy relationships.
In my words, this is a convergence of the disciplines of financial planning, life planning, coaching, behavioral finance and financial therapy.
However large or small of an inheritance you receive, proceed with caution.
Money management is different in that we tend to be drawn to others that complement our natural approach.
Regardless of your participation or success with “Dry January,” “Frugal February” is a chance to focus on your financial health.
Often, policies will come with additional types of coverage. Some are standard in a policy, and others cost extra.
Perpetrators of elder theft are often people known and trusted by older adults.
In addition to annual tax planning, one concept to consider is looking at lifetime tax implications and trying to achieve lifetime tax smoothing.
One thing I try to remember is that there are things within our control and others that are beyond our control.
Probate is the process by which debts are paid and assets are divided after a person passes away. The probate process can apply whether or not the deceased left a will.