Retirement Planning

A meaningful distinction exists between the retirement systems of the United States and those of many Northern European nations. In countries like Denmark, Sweden, Finland, the Netherlands, Norway, and Germany, a larger share of the population has access to defined-benefit pension plans, which provide a structured monthly income in retirement. This can reduce the burden of individual saving and investment decisions for many retirees.

The retirement landscape in the United States has shifted significantly over recent decades. What began as a system anchored by employer-sponsored pension plans — which provided workers with a predictable, guaranteed income stream in retirement — has evolved into one that places considerably greater responsibility on individuals to fund their own financial futures. The 401(k) was originally introduced as a supplemental savings vehicle intended to work alongside traditional pension plans, not to replace them. However, as many employers phased out or eliminated pension programs entirely, the supplemental plan became the primary retirement savings tool for much of the workforce.

Today, most Americans rely on a combination of 401(k) or similar employer-sponsored plans, Individual Retirement Accounts (IRAs), and personal investment accounts — each with its own contribution rules, tax treatment, and planning considerations. Navigating this landscape effectively — including decisions around investment allocation, account sequencing, tax efficiency, and sustainable spending in retirement — is where coordinated financial planning can provide meaningful support.

Hafnia Financial, Inc. takes a personalized approach to retirement planning, working with you to build a strategy suited to your specific goals, timeline, and circumstances. We coordinate with your existing tax and legal professionals and provide ongoing advisory support as your situation evolves. We cannot guarantee specific outcomes, but we can help you approach retirement planning with a clearer, more structured framework.

Important Disclosure — Conflict of Interest: Rollovers & Insurance Products. Jan Gleisner, President/CEO of Hafnia Financial, Inc., is also a licensed independent insurance agent who sells insurance products — including fixed indexed annuities — through Hafnia Insurance Services, Inc., a separate entity of which he is the sole owner. He receives commissions from issuing insurance companies for those sales.

This creates a conflict of interest when providing retirement planning advice, particularly in connection with any recommendation to roll over workplace retirement assets (such as 401(k) balances) into accounts that could be used to purchase annuity products. Clients are under no obligation to purchase any insurance product through Mr. Gleisner and may obtain such products through other providers.

Hafnia Financial, Inc. addresses this conflict through full disclosure, supervisory oversight, and policies requiring that recommendations be made in each client's best interest. This conflict is fully disclosed in our Form ADV Part 2A (Item 10) and Part 2B (Jan Gleisner supplement), available at adviserinfo.sec.gov or upon request.

Any rollover recommendation should be carefully evaluated in light of the fees, investment options, services, and tax consequences of both the existing plan and the proposed alternative.

Disclosures. Hafnia Financial, Inc. is registered with the California Department of Financial Protection and Innovation (DFPI). Registration does not imply any particular level of skill or training. Investing involves risk, including possible loss of principal. No investment strategy can guarantee a profit or protect against loss. Diversification does not guarantee a profit or prevent a loss in a declining market. Retirement income projections are based on assumptions that may not be realized. Nothing on this page constitutes a solicitation or offer to provide investment advisory services in any jurisdiction where such services are not permitted. Services are subject to a formal advisory agreement. Please review our Form ADV Part 2 brochure for complete information about our services, fees, and conflicts of interest. Available at adviserinfo.sec.gov or upon request.