SPECTRUMLY SPEAKING
September 2022
Greetings!

We hope this newsletter finds you and your family all well and anticipating a great Autumn season! What a beautiful time of year!

From sending kids back to school, to strategic fiscal planning at work, September is typically known for transitions and anticipation of fresh starts. Your personal financial plans should be no different.
This is a great time for us to revisit and update your priorities & goals to ensure we stay focused on what is important to your family and strategize on how best we can get there, through these challenging times. We are here to help!

Please continue to stay safe, stay in touch, and stay positive.

Karen, Richard, Janet & Jeni
Articles of Interest
Maximize Your Benefits

Quite often workplace benefits are not well understood. You may not think of us when deciding on your group benefit options, but one of our value added services is to review and provide direction on your Employee investment plans, if you wish.

There may be free money available to you and it is important to take advantage of that and have it positioned to match your goals.
Teach Those Kids A Lesson!

Children learn by example; unfortunately, only one-third of the adults in the world are financially literate. We can all play a role in changing those stats.
Seeing their parents' relationship with money has the biggest influence and this article can help guide your discussions with them.
 
Beginning early is key! We are always available to speak with the younger generation, establish a good understanding of key areas and help to set up good habits that will carry through their adult lives.  

How Do You Know If You Need Life Insurance?

Life insurance is for those you leave behind; if you have loved ones who would be impacted by your passing, you probably need it. There are some cases where you may not though. This article from Money Sense outlines different life scenarios, and if life insurance makes sense.

We can run a Needs Analysis to help determine what would be right in your particular situation.
Find New Ways to
Celebrate Fall

There are so many great things to love about Autumn in Canada, and so many activities to enjoy. I know you can probably list 10 things right off the top of your head, but here’s an article with many more -some of which, you may have never thought of! 

Special Needs Planning Seminar
If you, or anyone you know, has a child or dependant with a disability; Karen will be presenting a very informative seminar next month. During this session, she will touch on:

  • Maximizing the Registered Disability Savings Program (RDSP) 
  • Protecting Government Benefits - ODSP
  • Properly structuring your Will / Estate (Henson Trusts)
  • Coordinating all Assets
  • Equalization of Assets, choosing trustees and housing
  • Reducing taxes & saving effectively

As many of you know, Karen is not only a sought after specialist in this area, but has also experienced the system as a parent of a child with special needs.

Thursday, Oct 27
7:00 - 8:30 pm

Allure Hotel & Conference Centre
20 Fairview Rd. Barrie

Registration is limited, so spread the word!
Spectrum Office Updates
During an educational event, Richard was presented with a plaque, honouring his 52 years as an Advocis member. President Caron Czorny, made the presentation, and Karen spoke a few words. True dedication to his clients and our profession!!
Advocis is the oldest and largest voluntary professional membership association for financial advisers.
Staycation Idea!

After marrying off her youngest son Tyler on Sept 3rd, Karen embarked on a one week holiday aboard a houseboat in lovely Lake Temagami, with 5 other couples! What a great adventure & so highly recommended!

Karen will be sure to claim her staycation tax credit on her 2022 tax return!
Financial Markets
Week in Review
For those interested in a deeper look at what happened in the financial markets this past week, this is for you.