HAHN: Older workers increasingly confronting involuntary retirement
The retirement savings crisis has been growing for several years. The COVID-19 pandemic is accelerating the impact.
Jalene Hahn
Articles
HAHN: Take time to complete a midyear financial checkup
In addition to my business review, I am taking the time to look at where I am personally.
HAHN: Pursue these steps to increase your earning potential
We all have varying levels of human capital, and our mindset determines how we use and enhance that capital.
HAHN: Understand the three stages of planning for retirement
In economics, there are only three ways to produce income—land, labor and capital. If you want to stop laboring [retire, reach financial independence, whatever], you need to acquire the other two.
HAHN: Another pestilence to contend with: financial scams
Tricksters abound in times of crisis. They are opportunistic and clever. As the COVID-19 outbreak advances, so do their efforts.
HAHN: Doom and gloom, or opportunity and unity
At some point, the uncertainty will be resolved. The fear will be tougher to dampen.
HAHN: Accumulation is easy, but distribution is hard
The challenge is to create a spending strategy that allows individuals to optimize spending over an uncertain time frame without depleting a portfolio.
HAHN: Use these easy formulas to assess whether you’re ‘on track’
Every situation is different, but some objective measures can be used as a snapshot and tracked over time to measure progress.
HAHN: Prepare for the holidays with ‘12 days of taxes’
Between all the holiday parties and batches of eggnog, there are some financial tasks to check off your list before Dec. 31.
HAHN: Take steps now to prevent having a scary retirement
The estimated median household savings of retirees is $75,000. About 9% do not have any savings, 31% have savings of less than $50,000, and only 38% have savings of $100,000 or more.
HAHN: What to make of the high-frequency trading boom
While there are substantial benefits to electronic trading, there are ethical concerns.
HAHN: Here’s what to think about when considering a Roth IRA
As a long-term investor, I like the fact that the earnings on my money will not be taxed when withdrawn.
HAHN: How to spend money to increase your happiness
While not every purchase will bring great happiness, five principles of money will help answer, “Am I getting the biggest bang for my buck?”
HAHN: How your money personality affects your financial health
As I read and learned more about handling money and finances, I was able to see how my actions undermined my long-term goals, and I was able to make changes.
HAHN: Our uncertain life spans make financial planning tougher
My clients and I spend a lot of time working on the balancing act of spending enough while they are healthy vs. saving for the possibility of living longer.
HAHN: Devoting time to financial planning pays off in the end
Everyone needs a financial plan, but not everyone needs a financial adviser. At times, it is OK to go it alone, and other times you could benefit from sound advice from a fiduciary adviser.
HAHN: Don’t let financial secrets put strain on your marriage
How can you manage money disagreements and keep your relationship on track?
HAHN: Sudden windfall creates problems, opportunities
People mistakenly believe a large windfall will solve their problems, but if they are not prepared, it can have a dark side.
HAHN: Tax season is prime time to discuss final wishes
I know from experience, it is much harder to make smart choices in an emergency or crisis.
HAHN: Health, wealth resolutions have much in common
behaviors gained to help live a healthier life can also be used to improve financial health.