Hahn: When is it time to retire? Well, that depends.
He reminded me that “retirement readiness” is more than having the money in the bank; it needs to take into consideration all aspects of your well-being—financial, social, emotional and physical.
Jalene Hahn
Articles
HAHN: Consumers must learn to spot manipulative practices online
Bringing manipulative and harmful practices to light will help all of us protect ourselves.
HAHN: How to prepare for financial Armageddon
Most instances of economic collapse are the result of war, corruption or gross economic mismanagement. Government action or inaction will dictate the severity of the shock.
Jalene Hahn: Don’t wait: Have the money talk before you tie the knot
Existing debt is often a contentious topic especially if one party has a disproportionate amount. Deciding how to tackle the debt will impact other priorities.
Jalene Hahn: Why smart people do dumb stuff with money
This irrational behavior is the underpinning of behavioral finance, the study of the influence of psychology on the behavior of investors.
Jalene Hahn: What to consider when purchasing your first home
One frequent mistake of first-time homebuyers is to “over buy,” thinking their future salary will make the payments easier. Buy a house you can afford and will enjoy.
Jalene Hahn: Proceed with caution on variable life insurance
Variable universal-life policies could be appropriate if you are a super savvy investor with lots of extra cash flow and are or anticipate being in a higher tax bracket later in life.
Jalene Hahn: Financial planner, adviser, broker? What’s in a name?
Most titles are for marketing purposes and are generally meaningless. Marketing pitches lead you to believe there is no distinction among different types of financial providers.
HAHN: Reflecting on lessons learned in 2020
I hope you take time to reflect on your personal priorities, what positive habits you have developed or been forced to adopt and make changes that will help you reach your goals.
HAHN: Don’t let pandemic drag down your finances
The stress of 2020 could really mess with your decision-making and good financial intentions.
HAHN: How women can break through in financial planning, other fields
While it might not be possible for you to singlehandedly change the corporate culture, there are things you have control over.
HAHN: Too much truck, house pinch retirement savings
The pandemic has highlighted the fragility of many Americans’ financial situations. We need to start prioritizing saving and self-reliance.
HAHN: Don’t let election distract you from investing fundamentals
Investment returns are driven by basic economic fundamentals: corporate earnings, economic growth, interest rates and many factors outside the control of any particular administration.
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.
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.