June 11, 2008 Morning Spot

This is Jeff Wareham, ScotiaMcLeod Wealth Advisor, with some thoughts for investors outgrowing their mutual funds.



On Monday I discussed using long term care insurance to protect your wealth. One of the reasons I suggest this alternative is the sheer number of people involved. As our population ages, the reality is that nearly half of all retirees will need some form of long term care, and the average length of stay in a long term care facility will be around two years…long enough to severely impact many financial plans. The situation is likely to get worse, as medical technology extends life, but may increase the survival rate of illnesses that once killed people, but now may only be debilitating.



Have you protected your assets from the risk of long term care?



For a review your portfolio, or a complimentary copy of my CD, visit, www.beyondfunds.ca or call me, Jeff Wareham, at 519 660 3260.

This program is for information purposes only. Fees, management fees, and commissions may be associated with mutual fund investing.

Investors should consult their prospectus before investing. Views expressed are those of the author, not Scotia Capital. ScotiaMcLeod is a division of Scotia Capital Inc, member CIPF.