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VIDEO: Where Does Saving & Investing for Your Child Fit in Your Financial Plan? Thumbnail

VIDEO: Where Does Saving & Investing for Your Child Fit in Your Financial Plan?

Personal Finance

by Leah WoodlyWondering how to save and invest for your child while balancing your own financial goals? In this video, I’ll break down where saving for your child can potentially fit into your overall financial plan and some ways to do it!

We’ll cover: 

  • The key financial priorities to tackle before saving for your child 
  • The best accounts for college savings, financial gifts, and general investing (529 plans, custodial accounts, Roth IRAs & more) 
  • How much you should aim to save (even if you’re on a budget) 

Pro Tip: Focus on your financial stability first—your child’s future depends on it!

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.