Does having open access to the US medical system makes sense to you?
Over the past few years we've noticed that more and more of our clients are choosing to go to the US or abroad to receive medical care. Why? Quicker Access, Specialization, and Choice. Quick access to information and care is valuable. Even more valuable is the ability to implement the BEST course of treatment as soon as possible. Having adequate funding to get the best care at leading centers of excellence is key to achieving the best medical outcome.
We're tired of seeing clients and their family members waiting to get the treatment they need and having their health deteriorate along the way. We've been looking for a number of years for a solution that would provide access to the right treatment needed.
We've finally found a solution for our clients that meets our criteria, Tri-Access is a unique health care product that brings together access to health information, care and insurance funding.
To give you a an idea of the average waits here in Western Canada from a GP to a Specialist and then from a Specialist to actual treatment.*
Alberta - 19 weeks
Saskatchewan - 27 weeks
BC - 18 weeks
With wait times getting longer here in Canada and costs on the rise more and more baby boomers are choosing alternative ways to receive their health care. It's interesting to note that at age 55 there is a dramatic rise in the utilization of our health care system. An unexpected cost at this point in your financial plan could mean big changes to your Financial Vision.
The real question is, what is access to the right treatment in a timely manner worth to you and your family?
If you are interested in learning more about this solution to a growing problem, please give me a call or email me.
*Source: Task Force on Healthcare Financing, Canadian Institute of Actuaries; 2007 Fraser Institute on Critical Illness Bulletin, Waiting your Turn Hospital Waiting Lists in Canada
Canadians are Expecting to Retire Later than Planned
Over the past year we've seen many new clients who've come to us wondering if they are still able to meet their retirement goals. Our existing clients are asking the same questions.
It's no secret that the past 2.5 years has been a roller coaster ride for equity investors. The US housing crisis, the European market crisis, and a general lack of confidence has meant that many pre-retiree's have had to re-evaluate their retirement plans or have no idea where they are financially.
The first wave of baby boomers are scheduled to retire next year, or are they?
At WealthCo Financial we understand that for most of our clients the largest part of their retirement income comes from personal savings. This is why ongoing reviews and updated financial and retirement plans (when the time is right) are so crucial. The advisory services offered as part of the Retirement Enhancer Plan address the special needs and problems of retirement from a personal and financial perspective. Topics covered include:
- Calculating government benefits and company pension (if applicable)
- Updating estate and investment plans
- Assessing investment strategies
- Evaluating sources of retirement income
- Selecting the appropriate timing and method to access retirement income from various source
- Preparing a comprehensive financial and individual lifestyle plan for retirement
- "He who fails to plan, plans to fail." Proverbs.
Highlighting Saguaro 2
Arm-Chair investing in the US appeals to many of our clients and has allowed us to provide solid portfolio diversification opportunities. The US housing crisis and parity in the dollars have made Canadians more interested in investing in real estate south of the border.
The Saguaro projects invest in single detached homes in the Phoenix area. These homes form part of a rental pool which generates ongoing income and an opportunity for upside gain when the properties are sold in the next 5-7 years.
Saguaro 1 is now sold out and Saguaro 2 is available to investors.
Saguaro 2 Highlights:
- Minimum $10,000 investment
- RSP Eligible
- 6% Bond (5 Year Term), interest is distributed semi-annually*
- No landlord responsibilities
- No properties to Manage
- Overseen by Capstone Real Estate Management Team, with over 40 years of combined experience
If you'd like to learn more about Saguaro 2 and investment opportunities in the US market, please give our office a call or email me at sophie@wealthco.ca.
*Refer to Saguaro Capital Fund Series 2 Inc. Offering Memorandum for more details.