Timothy Financial helps you clarify your financial goals, see the big picture, and put together an action plan for your future. Topics might include retirement planning, specific investment recommendations, tax planning, college saving, insurance review, estate planning, and more.
Review the chart below to understand the services we offer and to estimate your complexity level and initial cost. We want you to feel comfortable before you even connect with us.
Visit our fees page to learn more about costs or call our office at (630) 681-0700, ext. 107 and arrange a no-charge introductory meeting.
A full plan (the most cost-efficient) includes all four of the areas listed below, but some advice can be provided unbundled and on an as-needed basis.
Provide a detailed plan and expert advice that equips a client to efficiently and effectively achieve their goals.
Analyze clients’ investment strategies relative to their goals, risk tolerance, and time horizon and provide specific recommendations for each individual client.
Evaluate insurance need, amount, type, and duration based on a client’s goals.
Assist clients, executor, and/or trustee in estate plan decision-making or design.
Cash Flow Services |
|---|
| Level and vehicle for emergency fund |
| How/when to pay off debt |
| Employment benefits review |
| College education planning |
| Contributions to 401(k) and IRA |
| Five-year cash flow projection |
| Retirement projections |
| Income tax planning |
| Home purchase decision |
| Charitable giving strategy |
| Social security planning |
| Pension election planning |
| Retirement withdrawal planning |
| Timing of retirement |
| “Windfall” planning (inheritance, business sale, severance, etc.) |
| Stock options/ restricted stock strategies |
| Deferred compensation strategies |
| Small business retirement plan selection |
| Pre-65 healthcare planning |
| Job/career change evaluation |
Investments Services |
| Asset class allocation |
| Specific advice for current employment retirement plan only |
| Specific advice for multiple retirement accounts |
| Specific advice for multiple retirement and taxable accounts |
| Guidance on variable annuities |
Insurance Services |
| General advice on types and amounts of life insurance |
| Specific advice on types and amounts of life insurance |
| General property/casualty liability, disability, and long-term care advice |
| Specific advice on existing term life insurance policies |
| Specific advice on existing term and permanent life insurance policies |
| Long-term care cash flow analysis |
Estate Services |
| Basic estate planning advice |
| Estate design |
| Review of existing documents |
| Charitable estate planning |
| Estate settlement advice |
| Irrevocable trusts |
Cash Flow Services |
1 |
2 |
3 |
4 |
5 |
|---|---|---|---|---|---|
| Level and vehicle for emergency fund | |||||
| How/when to pay off debt | |||||
| Employment benefits review | |||||
| College Education Planning | |||||
| Contributions to 401(k) and IRA | |||||
| Five-year cash flow projection | |||||
| Retirement projections | |||||
| Income tax planning | |||||
| Home purchase decision | |||||
| Charitable giving strategy | |||||
| Social security planning | |||||
| Pension election planning | |||||
| Retirement withdrawal planning | |||||
| Timing of retirement | |||||
| “Windfall” planning (inheritance, business sale, severance, etc.) | Basic | Low | Medium | High | |
| Stock options/restricted stock strategies | Low | Medium | High | ||
| Deferred compensation strategies | Low | Medium | High | ||
| Small business retirement plan selection | Low | Medium | High | ||
| Pre-65 healthcare planning | Low | Medium | High | ||
| Job/career change evaluation | Low | Medium | High | ||
Investments Services |
1 |
2 |
3 |
4 |
5 |
| Asset class allocation | |||||
| Specific advice for current employment retirement plan only |
One | ||||
| Specific advice for multiple retirement accounts | Few | Some | Many | A lot | |
| Specific advice for multiple retirement and taxable accounts | Few | Some | Many | A lot | |
| Guidance on variable annuities | One | Few | Many | ||
Insurance Services |
1 |
2 |
3 |
4 |
5 |
| General advice on types and amounts of life insurance | |||||
| Specific advice on types and amounts of life insurance | |||||
| General property/casualty liability, disability, and long-term care advice | |||||
| Specific advice on existing term life insurance policies | |||||
| Specific advice on existing term and permanent life insurance policies | |||||
| Long-term care cash flow analysis | |||||
Estate Services |
1 |
2 |
3 |
4 |
5 |
| Basic estate planning advice | |||||
| Estate design | |||||
| Review of existing documents | |||||
| Charitable estate planning | |||||
| Estate settlement advice | |||||
| Irrevocable trusts |
