Financial Advice

Toole Financial provides both comprehensive project-based financial planning and limited-scope financial review. We do not accept investments or manage money. Rather, we charge a flat hourly fee of $250 to analyze your situation and opportunities. We will guide you to greater clarity and confidence in your ongoing financial wellness journey.

Comprehensive project-based financial planning is best suited for those at or near retirement, especially when considering options with various retirement accounts. These may include YMCA Retirement Fund plans as well as long-term care and estate planning opportunities.

Toole Financial may also be able to assist you when the scope of the financial support required involves an inquiry into only one aspect of your financial situation. However, I may not be able to provide advice if comprehensive financial planning is required. In this case, an analysis of your options will be provided in a written report, but no recommendations will be given.

Some areas for which Toole Financial can provide direction are:

Retirement saving (both with YMCA Retirement Fund and with outside investments), including taxable, tax-deferred, and Roth opportunities
Annuity and withdrawal strategies for your accounts with the YMCA Retirement Fund
Social Security claiming strategies
College planning (college search and funding)
Creating a spending plan
Analyzing insurance coverages
Reviewing employer-based benefits plans

The complexity of your situation will influence the number of hours required. After the initial free consultation, Toole Financial will provide an estimate of the hours expected. A financial review can be completed within 30 days. Comprehensive financial planning typically takes 3–6 months. For married couples, both must be involved in the process (at a minimum for goal setting and meetings).