Financial services
A couple in their mid-50s, earning $150,000, plans to retire at 65 and maintain their current lifestyle. They wonder if they have enough savings, currently at $1 million, to sustain their comfortable monthly income in retirement. Financial planner Angela Fennelow provides guidance on their retirement savings goals and strategies.
Financial services
Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust, has announced that its offering is now available to registered investment advisors (RIAs), family offices, and their accredited investor clients through iCapital Marketplace. By joining this platform, Flagship brings institutional-quality outpatient healthcare real estate access to a broader network
Financial services
Ward Goodman, a Dorset-based financial services and accountancy firm, has unveiled a refreshed vision as it marks a significant milestone - surpassing £500 million in assets under advice. The firm, established in the 1960s, has supported thousands of clients across the UK and has now set its sights on strengthening
Financial services
When it comes to emergency funds, a common rule of thumb suggests saving three to six months' worth of household expenses. However, this might not be suitable for everyone, particularly those with unpredictable income. Hayden Fisher, a chartered financial planner, recommends using this figure as a baseline while considering
Financial services
As the UK prepares for the upcoming Autumn Budget, concerns about pension savings and tax relief are on the rise. Chartered financial planners are urging clients to stay calm and avoid making hasty decisions based on speculation. Despite reports of potential changes to tax-free lump sums and pension contributions, experts
Financial planners
The Pensions Authority is proposing the creation of a new type of retirement savings scheme that would allow holders to draw benefits without having to buy an annuity or transfer assets to an ARF. This "in-scheme drawdown" (ISD) mechanism would give members of defined contribution pension plans the
Financial services
The Certified Financial Planner Board of Standards has published a guide to help CFP professionals recognize, fully disclose, and properly manage conflicts of interest that arise in marital financial planning engagements. The "Divorce Guide: Navigating Divorce and Other Conflicts with Married Clients" is part of an ongoing series
Financial services
Crusonia Wealth Advisors, an independent Registered Investment Advisor (RIA), has welcomed experienced wealth management professionals Gary Wagner and Amy Warrender as part of its growing team. Wagner joins as a partner and senior wealth advisor, while Warrender serves as a wealth advisor. The additions support the company's goal
Financial services
Renovating a 16th-century Grade II listed Georgian property can be a daunting task, but financial planner Tracey, a seasoned renovator, decided to take on the challenge. She purchased The Lodge, a former bed and breakfast near Richmond in North Yorkshire, in the summer of 2020. The property had grown tired
Financial services
Financial liabilities can be a significant burden for many Canadians under the age of 45, who often carry mortgages, dependents, and student loans. However, many are hesitant to invest in additional living benefits insurance, citing a belief that they are unlikely to fall ill or experience a disability. According to
Financial services
A generation of Americans, raised in a time of relative economic security, now faces a future fraught with financial uncertainty and regret. According to a recent survey by the Certified Financial Planner Board of Standards, nearly 95% of Gen Xers believe their financial regrets have cost them real money, with
Financial services
Cerity Partners, a leading independent wealth management firm, has made a significant philanthropic gift to Western Kentucky University's Gordon Ford College of Business to establish the Cerity Partners Financial Planning Program. This investment will enhance WKU's financial planning coursework, provide internships and mentorships, sponsor capstone projects,
