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a HE NE 30 - "WEEKEND STAR" FRIDAY, NOVEMBER 24, 2000 Hearth Place hosting a 'Wellness in Caring' lecture "THE GIFT OF EDUCATION" REGISTERED EDUCATION SAVINGS aL RANTEED INVESTMENTS PLANS warn © Annual Rates | Thursday, November 30th _GIC RRSP_ " Scugog Memorial Public Library 5.825% .....5.825% i i (4 Pays ip ; r 7 pm. - 9 pm. 5.950% 5.950% Advertise... hk 2 Durlustys litancial Consnitant "Investment Strategies of the Wealthy : 6.200% Whe feiss. o : 4 : Seating Limited, Call (905) 718-5897 and Those Who Want To Be" 2 YEAR CASHABLE 5.000% Ls is wy / 2 Tues day, December 5th AFTER 120 DAYS MINIMUM $1,000. Rates Effective 22/11/00 - Subject 1o change without notice. tbs > : Bernard Canning. The church is under con- at : ronception O'Connor, with: Father immaculate a 4 Church, From: left are Emelda Jackson, Mary Corriveau, and Laurel Hearth Place Cancer Support Centre presents its fall 2000 "Wellness in Caring" lecture for family, health care professionals and volunteer caregivers. Making a Dramatic Difference in Someone's Life Every Day will be pre- sented by Harry van Bommel, well known author and educator, on Tuesday, Nov. 28 at 7 p.m. at Whitby Free Methodist Church, 1916 Rossland Rd. E, Whitby just east of Garrard St. Mr. van Bommel began his work in hospice care director of a not for profit organization, Resources Supporting Family and Community Legacies Inc, he is determined to pro- vide free home and hos- pice care infédrmation so that anyone living with a life threatening illness can live as fully as possible. This presentation will acknowledge caregivers both family, volunteers and professional for the care they provide and energize them to do it with even more skill; honour and compassion. An enjoyable evening, this will be of par- unten iE i: . over 20 years ago and his ticular value as we enter "1 ation ct can retu m soon. 3 writings, speaking and the busy and emotional ge m Wo recorded songs all come Christmas season. Are you a Nervous Nellie when it comes to investing? If you feel your retirement savings are at risk, then you should talk with RBC Dominion Securities Investment Advisor Paul Svana. Paul is a professional Investment Advisor who knows how to build from a patient-family per- spective. The co-executive Admission is free. Please call 579-4833 to register. Convert your RSP before the deadline If you're turning age 69 this year, you'll have to convert your RSP into retirement income before Dec. 31. Your best RSP maturity option Once you've decided to wind up your RSP, your best choice is generally a RIF. A RIF offers you the ability to invest in the same wide range of invest- ments as your RSP. Plus, your assets are transferred tax-free from your RSP, and continue to grow on a tax- Balanced Planning Financial Group deferred basis. There's a minimum amount you must withdraw every year, but you can withdraw larg- er amounts to reflect your current situation. For example, if you have alternative sources of income, you can draw upon them first, and just take out the minimum from your RIF. This opti- mizes your RIF's tax- deferred growth. And as your other sources of maximum withdrawal limit and it must be converted to an annuity in the year you turn 80. However, if you choose a life annuity, you can't switch to a LIF. Some provinces also have an option called a Locked- In Retirement Income Fund (LRIF). The LRIF is similar to the LIF except that it doesn't have to be converted to an annuity at age 80. Income choices in con- a portfolio to obtain solid, above- ; ; John Walhout, CMA, CFP income dry up, you can verting your RSPs can be average returns - without Paul Svana Certified Financial Planner start drawing more income complicated depending risking your retirement savings. Investment Advisor from your RIF. on your personal circum- 505) 434-7510 "For all your family's savings, stances. You should start Do you want to feel confident 1800267 1522 i tment. reti t Maturi t i . about your retirement savings? paul.svana@rbads.com nvestment, retiremen aturity options for mapping out your conver- Then call today. and life insurance needs" Locked-In"RSPs sion strategy now, before it RBC If you have a Locked-In gets too close to the year- DOMINION 258 Union Avenue P.O. Box 3294 RSP, you can choose a life end deadline. Canada's First » SECURITIES annuity or a Life Income Choice For RSP's MEMBER CIPF obs om Yl ROYAL INVESTMENT SERVICES™ Prince Albert, Ont. LIL 1C2 (905) 985-2363 FINANCIAL PLANNING SEMINARS INVITATION TO Fund (LIF). A LIF provides the same benefits as a RIF, except there is an annual - SCUGOG FINANCIAL . a 5 9 130 16) 5000 |\Y opppe-- IT'S WORTH THE DRIVE TO PORT PERRY! Investment Planning Counsel of Canada Upstairs at Reid's Independent 985-3832 L pm. 9 pm. "ASSOCIATED WITH (next to Shoppers Drug Mart) 250 Queen Street, Port Perry 1-888-595-4413 Serving Scugog for over 25 years SHEPHERD & POWELL CHARTERED ACCOUNTANTS Courtesy of, Paul Svana, Investment Advisor, RBC Dominion Securities, Member of CIPF ; Wesker " Star