Contributing to your employer-sponsored retirement plan is now a no-brainer. You’ve gotten settled with contributing and you are contributing enough to get your employer match. You feel like you should be doing more, but what does that look like? This is a common question we get, especially from young nurses. There is an urge to feel like you should be doing something else instead of just contributing to your 401(k).
The recent failure of Silicon Valley Bank along with a couple other at-risk financial institutions has been well publicized in our crisis-du-jour media. We also learned Credit Suisse was bought out by UBS through a Swiss government facilitated sale. These tremors in the banking system have rightfully caused some concerns about the safety of cash reserves and potential impacts on markets.
If paying off debt is your goal, you are not alone. The thought of paying off your debt may feel overwhelming. Some people ignore their debt as if it will magically go away if they don’t look at it. However, that’s not you. You are ready to take control of your financial life by getting out of debt.
It's a new year! Many are excited about embarking upon New Year's resolutions and have set high goals for themselves. However, it is easy to get lost in the sauce and set goals based on what others say rather than what you truly want.
At Dorval & Chorne, we define Quality of Life Planning® as a focus on helping people more efficiently utilize their available financial resources to help improve general well-being as measured by happiness and health, rather than the simple accumulation of money.