Spectrumly Speaking
January 2017   



Happy New Year!

We hope you had a lovely holiday season and were able to enjoy some relaxing time with family and friends.

We have a new year ahead of us and with this we tend to make some resolutions, typically around health and finances.  Although we may not be able to help greatly with your eating or fitness habits, we can definitely assist you on the money side.   Let us help you turn those New Years Resolutions into New Years Solutions so that you can reap the benefits of reaching your goals.

As Warren Buffet said - "Someone's sitting in the shade today because someone planted a tree a long time ago."


Your Spectrum team is looking forward to working more closely with you in 2017. 
From our family to yours, we wish you a New Year full of good health, much joy, and ultimate success in whatever you do.

Karen, Richard, Jeff, Janet, Ingrid and Sheila 
2016 RRSP Contribution Deadline  is March 1, 2017

Realize immediate tax savings and plan for your future retirement years now by making a deposit to your RRSP program.

Let us help to determine what amount is optimal for your situation
T FSA Limit for 2017 remains at $5,500.

Depending on your age, you may be able to have a total of $52,000 invested totally Tax Free.
  • Is an RRSP or a TFSA the best saving vehicle for you?
  • Are you getting the most benefit from your TFSA? 
Give us a call to discuss what is most advantageous for you.
Have you made your 2017 contribution into your Disability Savings program? 

The sooner you make your deposit, the sooner the government grant comes in and you realize the benefits. 

If you are eligible for free Bond dollars and have an existing account, these dollars will automatically be deposited into your account by March 1st

Wedding Bells and Bills
 
Planning a wedding can be exhilarating and expensive. 

Here are some suggestions to help ensure the big day doesn't undermine your long term financial plans.
 
Dealing with Debt Before or During Retirement

Happy Retirement
The latest statistics show that 42% of those over age 65 are carrying debt into retirement and those debt levels have risen by an average of 94%

Here are some strategies to help you reduce debt and keep your financial plan on track.
 
Monthly Features
Seminars, Market Watch, Office News & Tips
Spectrum Team
Updates from your Spectrum Team

  • We will mailing out your year-end Investment Statements in the next few weeks.   Due to changes in the financial services industry and reporting enhancements, these have been slightly delayed. 
  • If you are planning on making a 2016 RRSP contribution before the deadline, talk to us about the most efficient way to handle this.
Market Watch

Market Watch   
For those with more of an interest in what has happened in the markets this past month, Click here for an update.
 
WE NEED YOUR HELP!  

We would like to obtain more followers so that we can communicate more efficiently with you and keep you informed of worthy news, updates and events on a timely basis.
 
For every one that likes our Facebook page or connects with us on Linkedin, before February 1st, we will enter your name into a draw for a $25 restaurant gift certificate of your choice.





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Spectrum Financial Strategies
339 Huronia Road Barrie, ON L4N 8Z1

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