INDEPENDENT FINANCIAL ADVICE

Planning for a fulfilling retirement just got a little simpler: Hundreds of retired physicians have shined a light on what makes them successful, satisfied and confident in this stage of life.

More than 1,200 retired physicians were surveyed for the “2018 Report on Retired Physicians” and shared what makes for a successful physician retirement. The report found that the majority of retired physicians—80 percent—have a satisfyin...

Financial planners have to fight 'lifestyle inflation' to keep well-paid clients on track.

More Americans are living beyond their means than ever before, including those pulling down six-figure paycheques. Household debt in the U.S. hit a record $13.3 trillion in the second quarter. Of those earning $150,000 or more, nearly 30 percent have less than $1,000 saved, a 2016 GoBankingRates survey found.

Increasingly, financial planne...

Your 20s are a critical decade when it comes to managing your money.

Time is on your side when you're young, and a head start in saving and investing can result in massive financial gains down the road.

To get on track financially, start by avoiding these 11 common mistakes.

Here they are:

1. Living above your means.

Earning your first paycheque is liberating and thrilling. But as you begin to get raises, spending can tend t...

Adviser offers goals and guidelines for a financial playbook

Justin McCarthy knows that when it comes to saving, investing, and planning for life ahead, there’s no off-season.

McCarthy, a New York-based managing partner and Certified Financial Planner with Mariner Wealth Advisors, works with more than 100 current and retired professional athletes. And each of his clients receives an education about having attainable, manageable ...

You might have heard the terms ‘income return’ and ‘capital return.’ These are the two different ways to make money on an investment.

Income return is the return you receive while you continue to hold an investment. In the sharemarket, the income return comes as dividends. In the property market, the income return comes as rent. If you have a term deposit or make a loan to somebody, the income return is the interest you receive...

While retirement has always signalled a big change in people's lives, there was a time when the financial decisions surrounding retirement were less complex.

Spend your career working for the same company and retire with your family home loan repaid. Perhaps you had some savings in the bank earning a decent interest rate, and your employer's defined benefit plan would provide a reliable income stream in retirement, supplemented...

People often talk about personal finance in terms of large money decisions, like deciding whether to buy a home or creating long-term savings goals. But over time, the little financial decisions, many of which occur on a daily basis, matter too. And it can be hard to know where to draw the line between needs, wants, and wastes.

When it comes to purchases, waste is anything that you don't get any benefit from...

Whether you are looking to start saving for retirement or you want to put some extra cash in the stock market, investing can seem daunting to the inexperienced.

But investing doesn't have to be complicated, says Michael Liersch, head of goals-based advice and strategy at JPMorgan.

In fact, Liersch told Business Insider that most investors can be successful if they have a plan, manage their perspective, and stay the cou...

The last person you would expect to get into $50,000 worth of debt is an accountant. But debt can sneak up on anyone.

Five years ago accountant Najlaa Neetoo was in the process of going through a divorce and had little more than $1,000 to her name.

"We did the asset settlement and I got the investment property, which now in hindsight was not a good financial move," she told Claire Hooper, host of The Pineapple Project podcast.

"I...

Problems with cash flow are constraining the revenue generation of virtually all Australian SMEs, a new report suggests, indicating it could be having a meaningful flow-on effect on the national economy.

The biannual Scottish Pacific SME Growth Index found a staggering 92.7 per cent of the 1,200 surveyed businesses had their revenue potentially cut because of cash flow problems.

“When asked how much additional revenue could have...