The ICPA is Coming to Toronto, ON! The ICPA is bringing its outstanding pediatric classes to your area. Increase your family practice expertise. Join us and acquire the skills to care for more families in your community. icpa4kids.com/seminarsca Please view the ICPA website for a full seminar schedule: ICPA_CACHIRO_TORONTO.indd 1 9/9/11 Acquire The Equipment You Need Through the Leverage of Leasing MORE AND MORE, new and experienced practices leverage the financing power of leasing. We provide innovative and flexible equipment financing solutions to businesses & practices seeking a competitive advantage. We have reps in your area specialized in Healthcare Lease Financing, contact us today to save up to $200 off a new lease: Jane made the investment – and the longer she left it alone and refrained from taking income – the larger the amount of retire-ment income that will be available to her when she retires. He explained it’s an ideal way to make sure Jane has enough money to cover her retirement expenses, and she doesn’t need to invest in more volatile eq-uities to meet her objectives. Best of all, it’s guaranteed for life. Her advisor explained that a GWB product would also work extremely well with her corporate retained earnings. She could transfer her current corporate invest-ments into a GWB product and continue to invest some of her excess corporate income into the product until she was ready to re-tire. Thereby producing a larger income stream in retirement. And because the funds are non-registered she could enjoy some tax advantages when she was ready to withdraw income. Jane liked that she wouldn’t have to worry about outliving her savings and, simi-lar to a defined benefits plan, this product would offer her the comfort of knowing her day-to-day expenses would be met. She decided to “pensionize” both a portion of her RRSP and a portion of her corporate retained earnings. This would mean that when she was ready to retire, her income 10:18 AM would consist of a personal guaranteed income stream, a corporate guaranteed income stream, CPP and OAS, and supple-mented as needed by her other investments. In contrast, Amanda’s personal and corporate savings remained invested in a portfolio of mutual funds, stocks, bonds and GICs. As a result, Amanda’s main source of retirement income is depen-dent on current interest rates and how well the markets are performing. In ad-dition, she has the nagging fear that her savings may not last her entire lifetime. Amanda’s retirement days are filled with ongoing worry while Jane’s are enjoyable and relatively stress-free. 888-599-1966 www.nationalleasing.com 34 • CANADIAN CHIROPRACTOR | FEBRUARY 2012 SPEAK WITH A PROFESSIONAL Refer to the table earlier in this article (page 32) for a comparison of retirement products and how they protect against risk. If you have questions about how you are going to fund your retirement years, speak with a qualified advisor. He or she can provide you with the help you need to ensure you are financially ready for retire-ment when the time comes. Don’t wait. It’s never too early to plan. • www.canadianchiropractor.ca
Chiropractic + Naturopathic Doctor February 2012: Page 34
