Holistic Retirement Solutions
Helping You Reach All of Your Retirement Goals with Peace of Mind
Holistic Retirement Solutions
Helping You Reach All of Your Retirement Goals with Peace of Mind
Father & Son
Fred Timm, CPA, MA
Fred brings many years of financial experience to the table. His profound understanding of tax laws and regulations enables him to optimize his clients' financial plans for tax efficiency. He can navigate complex financial scenarios with precision, ensuring clients receive strategic guidance tailored to their long-term financial goals. In addition to Business and Accounting degrees, Fred has a master's in Education and one of his forte's is in breaking down the complex to a basic understanding of finances for his clients, so that they feel comfortable and empowered about their financial situation and options. He and his son, Luke, created 'Timm Financial Services' so that his tax clients could get the financial advice they need to achieve all of their retirement goals with confidence and "Peace of Mind".
Luke Timm, CPCU, ARM
Luke is a graduate of Princeton University who gained extensive work experience doing financial analysis for large corporations in New York City. Leveraging insights gained from his experiences, Luke has joined his father Fred, to create 'Timm Financial Services'. This collaboration empowers him to offer clients unique financial planning solutions that encompass their entire financial landscape. Luke is equipped to develop comprehensive strategies tailored to each client's specific needs and aspirations.
Together, Luke and Fred are dedicated to guiding clients towards financial security and success.
Our Planning Focuses
Retirement Income
Our firm helps ensure that your retirement savings last throughout your retirement years. We analyze your current financial situation, project future income needs, and develop strategies to optimize your retirement income. This includes identifying the best sources of income, such as Social Security, pensions, and investments, to create a sustainable and reliable income stream.
Risk Management:
We focus on protecting your assets and financial well-being by identifying potential risks and developing strategies to mitigate them. This includes assessing insurance needs (life, health, long-term care, and property insurance), planning for unexpected events, and creating contingency plans to safeguard your financial security. Additionally, we offer comprehensive estate planning services through "EncorEstate" to ensure your assets are distributed according to your wishes, minimize estate taxes, and provide for your loved ones.
Income Taxes
Our firm provides comprehensive tax planning services to minimize your tax burden and maximize your after-tax income. We review your current tax situation, identify tax-saving opportunities, and implement strategies that align with your overall financial plan. This includes optimizing deductions, credits, and retirement account contributions, as well as planning for tax-efficient withdrawals in retirement.
Investments
We offer personalized investment management services to help you achieve your financial goals. Our approach includes assessing your risk tolerance, investment objectives, and time horizon to create a diversified portfolio tailored to your needs. We continuously monitor and adjust your portfolio to respond to market conditions and ensure it remains aligned with your financial goals and risk tolerance.
Second Opinion Program
Already have an advisor?
Just as seeking a second opinion from a doctor is vital for your health, obtaining a second opinion on your financial plans is essential for ensuring the comprehensive and optimized strategies that safeguard your financial well-being.
Here's what our complimentary second opinion program has to offer:
- Comprehensive Review: Our Second Opinion Program offers a thorough examination of your existing financial plans.
- Expert Analysis: Receive insights from our team of seasoned financial experts.
- Uncover Blind Spots: Identify any potential weaknesses or overlooked aspects of your current strategies.
- Confirm Efficacy: Validate the effectiveness of your existing financial plan.
- Alternative Strategies: Explore additional or improved strategies to enhance your financial security.
- Enhanced Confidence: Gain peace of mind with a well-rounded, expert-backed financial plan.
- Empowerment: Feel empowered with clarity and assurance about your financial future.