This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.
Health insurance is one of the major concerns among those considering retirement. In this video, we debunk two of the most common myths regarding health insurance among those who are retiring before age 65. If you're worried about costs or the quality of care, watch this.
In the fast-evolving landscape of employee benefits, it is no longer enough to offer less personalization and more generic information. It is important employers understand employees are already overwhelmed with information and want to know what to do rather than just have more information thrown at them. It is critically important to engage with employees not just professionally, but also personally, in helping to achieve their financial goals. Enter the Quality of Life Planning® Application (QoLa™) – the game-changer your workforce needs!
We met with a young couple that just had their first baby and wanted to learn more about contributing to a 529 for their child. One of their main concerns is what happens to the money if they do not use the 529 for college? That question has caused many parents to procrastinate about using 529s for college savings resulting in less opportunity to fund school for their children. Secure Act 2.0 helped alleviate that concern!
Financial planning often elicits ideas of investment strategies and maximizing returns. However, its true essence is revealed in moments that demand compassion, empathy, and support beyond mere financial gain. Recently, I encountered a poignant scenario that underscored the profound impact of financial planning in the face of life-altering circumstances. A nurse, grappling with a terminal diagnosis, entrusted us with the daunting task of navigating her financial landscape. In this instance, the traditional metrics of investment portfolios took a backseat to addressing immediate needs and securing her future, whatever it might hold.
If you are looking to maximize your Social Security retirement benefits, here are 10 ways to do so, with commentary from our associate advisor, Leah Woodly.
With the state of the economy, there are many concerns regarding the sustainability of Social Security. We've had countless nurses and other health care professionals tell us that they don't believe they can count on Social Security when they retire. The Social Security debate has been going on for decades, and while the pandemic showed us that anything can happen, we believe Social Security is here to stay.