diff --git a/gui/qt/main_window.py b/gui/qt/main_window.py
index 6d4b330e..fef18b5b 100644
--- a/gui/qt/main_window.py
+++ b/gui/qt/main_window.py
@@ -296,6 +296,8 @@ class ElectrumWindow(QMainWindow):
             wallet.start_threads(self.network)
         # load new wallet in gui
         self.load_wallet(wallet)
+        # save path
+        self.config.set_key('default_wallet_path', filename)
 
 
 
diff --git a/lib/wallet.py b/lib/wallet.py
index 00ee6c25..3264845f 100644
--- a/lib/wallet.py
+++ b/lib/wallet.py
@@ -67,7 +67,7 @@ class WalletStorage(object):
 
         # path in config file
         path = config.get('default_wallet_path')
-        if path:
+        if path and os.path.exists(path):
             return path
 
         # default path