A MESSAGE From Selectpath:

Many of you saw recent headlines that focused on proposed tax changes for income trusts. Not surprisingly, the stock market overreacted and, at least in the short term, speculative investors lost money.

When you are in the accumulation phase of preparing for your retirement these little bumps can hurt, but they don’t harm as time is your ally. But at retirement the risk of losing capital is more significant to you and your family.

At Selectpath, we are committed to helping business owners engage in the RIGHT Path planning process which will provide you with the comfort of knowing how to “navigate the Retirement Risk Zone”. I am sure you will find the attached article on the retirement risk zone and a second article on Segregated Fund as a Risk Management tool of interest.

Best Regards,

Selectpath’s Financial Planning Division

When you are withdrawing retirement savings, timing is everything.

If you are in the pre-retirement or retirement phase of your life, you have a lot to consider when it comes to your future finances. Beyond government and company-sponsored pension plans that will provide you with income during your retirement, it is important to ensure that your personal investments will last to supplement these sources and provide the lifestyle you desire and deserve. If you are fortunate enough to have a generous defined benefit pension plan funded by your employer, then for the most part, your future income is secure. But if you are like the 60 per cent of Canadians who won't enjoy a guaranteed income stream from a former employer, the decisions you make about how to invest your nest egg – especially a few years before and a few years after retirement – could have a significant effect on your retirement lifestyle.

Click here to read on...

Minding your own business - Segregated funds as a risk management tool

According to Statistics Canada, small businesses are flourishing in Canada, with approximately one million companies currently operating with fewer than 100 employees. However, small business owners have unique financial challenges when it comes to succession planning, protecting their assets from creditors, and investing funds to sustain their enterprise through a crisis. Let’s take a closer look at one entrepreneur’s situation and examine some important strategies she can implement with the assistance of her financial advisor.

Sandra owns a neighbourhood dry cleaning business in Sudbury and runs it with her daughter. She is 55 years old and starting to think about retiring to spend more time with her husband, Henry, and their three grown children.

Click here to read Sandra's challenges, oversights and solutions.

ABOUT Us:

Selectpath is an independent firm of professional financial advisors and employee benefits specialists based in London, Ontario. Through our strategic alliances with industry leaders in insurance and investments, we are able to offer our clients a broad range of products and services, which meet the highest standards for performance, stability and value. We are also able to serve a broad base of individual and corporate clients throughout the province.

Click here to learn more about how Selectpath can put you on The RIGHT Path®.

No communication, article, information or advice on this website constitutes or implies in any way a solicitation of business. Please remember that while strategies outlined within this newsletter may be appropriate for some investors, you should always consult a financial advisor to determine if they are appropriate for you.

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