Perfect Timing Family Wealth

12/23/2023

As we reflect on the year, we want to express our sincere gratitude for entrusting us to help guide your family’s financial interests. 🤩

We take this responsibility with the utmost seriousness and will continue to work to be deserving of that trust 🤝Wishing you and your family a Merry Christmas and a Happy Holiday season 🌟🎄

All the best for a healthy and prosperous 2024!Warmest Regards,

The Perfect Timing Team

10/07/2023

Have a wonderful weekend with your family and loved ones! 🍂☺️

07/26/2023

Perfect Timing Family Wealth's Founder and Partner, Paul Shirer, gave his insights to The Globe and Mail on supporting clients through digital literacy and why it's so important for Financial Advisors when changing technology platforms.

"Paul Shirer, Partner at Perfect Timing Family Wealth in Toronto, says the shift to virtual meetings and online forms during the pandemic has helped some clients improve their digital literacy." He says that the trust his clients have in him mitigated their concerns about unfamiliar technology. “Most clients instill great trust in us to partner with technology solutions and dealers that have been vetted and protect their interests.”

Helping clients who have lower levels of digital literacy will only become more important as the industry moves away from paper forms and becomes more reliant on technology

06/27/2023

Should I change my investment strategy as I age? How often?​⁠
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Your life is ever changing and so too should your investment strategy. You should be reviewing your investment needs and strategy regularly but at very least every time you have a material change in your life (home purchase, job change, having kids, retiring, etc.). A good Financial Advisor should have a system in place to monitor your needs to ensure your investment strategy is structured accordingly.

06/21/2023

No two people's financial situations and needs are identical and neither should their insurance protection. ​

Here is a list of some (but not all) of the factors to consider when determining what type and amount of life insurance is right for you.​

1) Protecting liabilities (mortgage, student loans, lines of credit, etc.)​
2) Getting married/ are married​
3) Have or expecting children​
4) Income replacement​
5) Tax at time of death​
6) Final Expenses (funeral, probate & legal fees, etc.)

06/15/2023

At Perfect Timing we encourage our clients to always "pay yourself first". But what does that mean?​⁠
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Rather than focusing only on immediate needs, such as bills or entertainment, paying yourself first means saving and paying down debt which your future self will benefit from financially. Paying yourself can include:​⁠
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- Putting money into long-term investment accounts, such as an RRSP.​⁠
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- Buying insurance, including life insurance, disability and long-term care. ​⁠
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- Paying into a health savings account​⁠
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- Creating an emergency fund​⁠
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- Paying off debts

06/12/2023

This is the reason we do what we do. ​⁠🎉
Thank you, Ron!

06/06/2023

Canada’s population is aging at an accelerated rate: 20% of the population will be over 65 by 2026. At the same time, the average life expectancy is also growing and that means you can expect to spend 25+ years in retirement. ​⁠
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With risk free yields continuing on the decline and market volatility on the rise. There is an immediate NEED for new strategies when Canadians are thinking about their financial retirement plans.​⁠
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Do you have a retirement plan in place?​⁠
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Source Mackenzie Investments

06/02/2023

Do you have enough savings to maintain your standard of living when you retire? Are you prepared for the impact of inflation and market downturns? 🤔

Let’s talk about it!

You want to start planning for your retirement. Knowing and understanding certain financial concepts related to retirement is a good place to start.