A MESSAGE From Selectpath:

We are very pleased to provide you with the first edition of our Quarterly eNewsletter.

Our aim is to provide more value to you. We will include timely news and insight as well as strategic solutions and services as they relate to financial planning. We are committed to helping families better plan for financial security and success.

We encourage your feedback and welcome questions.

Thanks for allowing us to serve you better.

COMMON PITFALLS
Things to avoid when planning your estate

Whether you’re planning your legacy or expecting to receive an inheritance, you are probably feeling a range of emotions. You may be experiencing joy at the prospect of giving loved ones a large gift, and sadness that you won’t be able to watch them enjoy it. If you’re on the receiving end of a bequest, you may be feeling a mix of relief that bills will be easier to pay, and guilt because of the source of the money.

On top of that, five fears often come to the surface with a transfer of wealth:

1. fear of losing capital because of downturns in the market,
2. fear that taxes and fees will take too big a bite out of an estate,
3. fear that bequests will not remain private,
4. fear that delays will hold up estate distributions,
5. fear that certain beneficiaries might squander their inheritance.

These are very real concerns. The good news is that they can often be addressed through proper estate and financial planning.

Click here to read the full article.

Picture the retirement you want, then build a plan.

What does retirement look like for you? It’s a personal vision of course, but my guess is that – at least for the majority of you -- it doesn’t look much like the hackneyed retirement images of slim, mature models sailing on their yachts. Maybe it means travelling the world. Are you hitchhiking or flying Concorde? Perhaps you’ll finally build that greenhouse you’ve always wanted, or maybe you’ll take up photography.

Your vision for retirement is an important step in your planning for the last 30 years of your life. There are many different "formulas" to tell what kind of income you’ll need for retirement, but they won’t replace the value of a good discussion with your financial advisor about your personal dreams: when you want to retire and what you want to do.

Click here to read the full article.

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.

Manulife Securities and the block design are registered service marks and trademarks of The Manufacturers Life Insurance Company and are used by it and its affiliates including Manulife Financial Corporation.

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