Mark Williams - Experior Financial Group

2 weeks left for any last minute RRSP contributions for 2023!

If you are one of the few people with a bit of money not working for you, let's get it a job by February 29!

Let's look at a fellow named Tom!

Tom is 35 years old, wife and 2 kids. He's working hard as a carpenter and putting money aside to retire.

He's been saving for 5 years with $1000/month out of his 100k per year income. With average returns it grew to $73,000. He needs $2,000,000 saved by 60 to reach his Financial Independence Number to retire, and he is right on track!

Unfortunately, he had an aneurism which put him off work for 18 months. It would be some time before he could get back to the speed and quality of work before so he took a job elsewhere paying $80,000.

During his 18 months off he used all his savings for bills, taking huge losses for pulling out his RRSP early. He is able to save $750/month due to his lower income.

Since he has to start over, he will hit $2,000,000 saved by age 68. His family will be okay. He's won't lose his house. He does lose the best 8 years of retirement with his grandkids and family, knowing that he is more prone to having health issues than the average person.

OR! OR!

For $30/month he could have set up a $75,000 critical illness policy that would have carried him through no problem. The slightly lower income would have changed his retirement age to 61 1/2 rather than 68.

What do you have in place for unexpected losses from work? Insurance can serve a lot more purposes than simply preparing for death!

Planning for retirement is a marathon, not a sprint.

If an injury or illness were to prevent you from working, however, you burn through your savings at a sprint.

Let's chat about some surprisingly affordable ways to protect you hard saved retirement nest egg!

I've talked to way too many people lately who have said "my savings haven't done anything in the last 10 years"

If you leave them there, they most likely won't do anything for the next 10 years either.

We won't say what doing the same thing expecting different results is...but let's get your money working for you this year!

It is RRSP season! Getting those last deposits in before taxes are due to get that juicy return.

No investment is ever a guarantee, but this year the lowest return of any of my clients was 21%.

If you aren't not pleased with your investments of late, let's see what we have for you!

How much cash do you have left at month's end when all the bills are paid? Do you know the number?

What age do you plan to retire and how much do you need saved to do it?

These are questions with relatively easy to find answers when we take the time.

I have a few openings for next week to sit down and help plan for the future, maybe saving some cash along the way!

What if I told you I could possibly give you $500/year for 20 years equalling $10,000? Would you sit down for an hour and find out?

What if I told you that on average,so far, I have saved people $500/year for 20 year terms on life insurance equalling $10,000...not including investment income if you use it wisely!

Is it worth an hour of your time? If you make $10,000/h feel free to disregard 😆

What is your retirement number? You are probably think of an age. 55? 65? Not really planning to?

What if I told you retirement is not an age but a number? How much money do you need to have saved in order to retire comfortably? If you hit that number prior to the magical age of 65 why not retire then?

I can sit down, get a financial independence number for you based on your income and plans, and show you what it will take to get there.

Let's book a 30 minute meeting to work it out!

PRICE DROP!!

I just want to let you all know that effective today, one of our partners has decreased rate for term 20 and term 30 insurance by up to 7.5%.

This may be a good time to look at your plans with me, since I possibly could have saved you money before the drop!

Post-Claim Underwriting.

Do you have mortgage insurance through your bank?

Were you surprised you just signed a paper, no medical questionnaire? You got approved in 2 seconds.

It's called post-claim underwriting. You get the insurance, pay for it for years, and if someone were to die they will look back to see if you were eligible for insurance at the time of signing. If they find you had pre-existing conditions they can deny paying out the claim.

I'm happy to have a chat and show you what we can offer, helping you understand the papers you are signing.

How have your investments done the last few years? Have you checked? Do you know how to check if you wanted to?

With our investments you will know:

1. Who is managing your funds.
2. What their track record is for growth over 1 year, 5 years, 10 year, etc.
3. How much money the agency personally has invested in the funds.
4. The level of risk.

Much more information is available at your fingertips.

Sit down with me for 30 minutes and see what we have to help you out! Remember, if you are dealing with a long timeframe or large numbers, any improvement can have a huge impact!

"My funeral expenses are paid for, my kids can sell the house!"

Would you have wanted your kids to be forced to sell off your estate last year when housing prices tanked?

Do your kids have the 15-25 grand to pay for expenses at time of death while they wait for your home to get listed, sell and close?

Even a small, affordable life insurance policy can give readily available funds to prevent any bickering about who covers the cost or force family members to scramble for the money while they wait for the estate to settle.

Let me know if you are still a bit under-prepared!

If you make $13,000/h at your day job then I might not be your guy. Otherwise, take a quick minute to see if I can help.

My first meeting with clients tends to be around 45 minutes to complete the Expert Financial Analysis (We establish insurance needs, retirement goals, and investment needs to reach it)

If I can save you a conservative $20/month that translates into $5000 of your after-tax dollars saved over a 20 year term.

Properly invested, that can realistically grow to $13,000 in those 20 years.

Who would like to sit down for an hour and see what we can do?

Happy New Year!!

A few things to ask yourself as you enter into the new year:
1) Did I stay in my budget last year? Did I have a budget last year? We can help with that.
2) Do you know how much money you need to have saved or consistently put away to retire when you want to? I can give you those numbers!
3) If I saved you money on your life insurance, how much quicker would you hit your retirement goal?

**So far my record is taking a client's retirement age from 65 down to 60 EXCLUSIVELY from the money saved on a life insurance policy** Let's bump those numbers up!

Send me a message, text or call me to get started with a quick 45 minute meeting. 905-733-8743

When is the best time to update your insurance policy?
Change in marital status
Significant change in debt (Positive or negative)
Change in employment
New dependents/beneficiaries (Congratulations!!)
You just feel like getting it cheaper

People often look at money saved as time saved. I chatted with a family and found a policy that saved them about $800 per year. He was excited since he makes about $30/h and saved 3 days of work per year! That's awesome.

However, getting taxed at 20 percent, in order to take home $800 he had to actually earn $1000. He saved 4 full days of work by sitting down for a few hours total with me.

My math is pretty good, so that seems like time well spent.
(p.s. when you invest that money with us, that $1000 could reasonably grow to $6000 over a 20 year investment)

This short story starts with "Saved a customer over $6000 per year on life insurance"

With permission, here is the quick version of the story. A client's term insurance was coming to an end and they were able to renew it with no underwriting requirements! Awesome!

For the low low price of nearly $7000 per year. Not awesome...

I was able to hunt down identical coverage for about $2500 per year. Still pricey, but insurance gets pricey at 60 years young.

However, their existing agent never bothered to chat about their insurance needs. It took a short time doing an EFA through Experior to see they were over-insured for their needs.

With an appropriate amount of insurance their cost came down to $680/year or about $61/month. Now that is manageable.

Some insurance agents are simply policy factories, seeing how high they can get the cost before you say no, while others want to meet your needs and make sure the cost doesn't hurt. For a few hours I can make that time well worth your while.

Please send me a message or give me a call to see what I can do for you.

Does $17,000 sound like a good tax return?

If you have money just sitting in a savings account, accumulating next to no interest, I just heard today from a client that the money they put into their RRSP's last year contributed about $12,000 to their tax return this year.

I'd love to sit down and see if we could get you moving so you could see some returns next year.

Oh, and FYI, you can turn around and put a good chuck of that return into your RRSP's AGAIN!

How stressed are you when the brakes on your car need to be replaced, or the A/C in your house breaks in July?

Unexpected expenses are bad enough, but if a loved one were to pass away you want to mourn in peace rather than mourn with your bank on the phone every other day figuring out how to pay.

With the average funeral cost in Canada being just over $9000 right now, is it worth it to protect your hard earned savings?

I am setting up a few more appointments for next week so we can get those savings in order and protect them for the lowest prices we can find!

"I think I'll start investing in a few years"

A few years makes a big difference!

**Don't bewail the fact that you should have started earlier, but start making concrete steps forward today**

I have a few appointments open this week. Give me a call or send me a message to get cruising now. I can maybe even find you some less expensive life insurance to jump start that saving today!

Just because you have life insurance doesn't mean you never look at it again!

This week I managed to find a client a policy that increased their coverage by $400,000 while bringing payments down by $37 per month, with the old policy set to increase in price each year.

Is $450 a year worth sitting down for? If you say you have no money in the budget to invest, I might find some!

I still have a few spots open for next week to go through an Expert Financial Analysis.

If you have insurance currently don't scroll by!

We can look to see if you are currently over or under insured. If your insurance is appropriate, I can shop around and see if we can save you a bit each month. Every bit counts!

Give me a call to se up a time.

In keeping with saving on the small things, the weather is warming up! I nearly went to the Avondale Ice Cream store to drop $35 dollars for ice cream for the family, which is a delight.

$12 later I was at home with chocolate waffle cones and Peanut Butter Chocolate ice cream from Kawartha, with enough for at least 3 cones per person...

$35 for an outing or $4 for just as much fun. It's the little things!

Do you enjoy math?
If so, you will like this.
If not, you'll be glad the math is done for you.

SMALL STEPS MATTER
Many people think in order to retire you will need some kind of second income and do crazy things to set money aside.

Think of the cost of some of these daily things.

Purchasing lunch - $15
Drinking a pop each day - $2
Drinking a daily coffee - $1.50
Smoking - $10

Lets just say you cut out $10 per day. If you invest that with around 8% annual return for 25 years you will be looking at approximately $200,000...65 of that being deposits, 135 being interest.

That's $10 per day. Have a subscription you don't use? Eat out a lot? Haven't had your life insurance policy looked at to see if there are less expensive options?

If you make small steps today, you will thank yourself later. I'd encourage you to call me for an appointment to see if we can get you rolling sooner rather than later.

Many of you may not know that I have been working in finance, life insurance and investments with Experior Financial Group for the last year. It is fantastic being surrounded by experienced professionals that have helped clients see success in their finances for years.

What is great about Experior is that whether you are newly licensed and trained, or a grizzled veteran, you are never more than a few seconds away from dozens of expert opinions, resources and helping hands to work alongside.

A few things about what I can do for you:
EFA - Expert Financial Analysis - Do you know what you need saved, and by what age, in order to retire? Let's find out

Life Insurance - How do you protect those savings? I work as a broker to find you the coverage you need for the best price

Group Insurance - Help companies find group insurance for their business to help retain employees, attract the best talent and provide tax benefits to your company

Personal Investments - Help you money grow in ways that a savings accounts and a shoebox under the best just never will

If you have any questions or would like to book a free consultation, check out my page and give me a call!

Mark Williams - Experior Financial Group Providing expert financial advice to individuals, families and business owners.

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As an associate at Experior Financial Group, you'll be an integral member of a team that helps clients reach their financial goals. You'll need to be professional and friendly when providing
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