What is goals-based planning?

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

“A goal without a plan is just a wish.”

Is there something you’ve always wanted to do but still haven’t done it? Maybe time constraints are holding you back or you are unsure if your financial resources will accommodate your plans. Or maybe, like a lot of people we meet, you haven’t taken the time to really think about what you want. Often times, day-to-day responsibilities and demands prevent us from crossing things off our bucket list. “I’ll do it later,” we tell ourselves.

The first step to goals-based planning is to sit back, relax and day-dream. Or, break out a bottle of wine and sit with your partner and just talk about what you see your life looking like in the future. Ask yourself, “What is it that I really want?” People have a very hard time picturing the future, so it makes sense that unless you are intentional about setting goals, it won’t happen.

Now that you have a better idea of what you want, our team of advisors and our Wealth Enhancement Group can help you to figure out just how much those dreams will cost and how best to pursue them. We take an inventory of your current assets and then work with you to develop a plan. We look at all of the small financial choices that we make every day and ask how they impact the big financial decisions of tomorrow.

Our advisors don’t like the word “budget”- it feels judgmental and constraining. We work with our clients to create a spending and saving strategy. Often we find that our clients enjoy the freedom of knowing exactly how much they can spend on the things that they enjoy today – without the guilt of taking away from their future happiness. A goals-based plan allows for flexibility in case your plans change.

With a goals-based plan, you are in charge of your future. You take control of life and can take on the small and large financial decisions confidently knowing that you have a strategy designed for success.

 

Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

Sushi and the Art of Stockpicking

Published by Rob Furlong Every year around the Oscars I remember that between two kids, a career and countless other commitments, I haven’t seen any movies since, well, the same time last year. This leads to a week of late-night binge watching, usually of movies that have lingered in my Net …

Understanding the Fiduciary Duties of a Trustee

If you have been named as Trustee or Successor Trustee of another’s Irrevocable Trust, you may be wondering what exactly the role entails. For Successor Trustees, your duties will not begin until the current Trustee is no longer able or willing to perform in that capacity.

The Future of Energy Stocks

Published by Jake Bleicher The price of oil has been cut in half since June when West Texas Intermediate (WTI) was selling at $107 per barrel. The excitement has provided ample fodder for industry analysts and media journalists to speculate about future prices. Some of the leading soothsaye …

Gun Trusts: A Way to Avoid Unknown and Unintended Risks

America leads the world in gun ownership per capita with 90 guns existing per 100 residents. According to the Pew Research Center, 40% of individuals age 65+ own at least one gun. Some of the guns that are owned are classified as “Title II Firearms” and are regulated by the National Firearm …
1 2 3 63 64 65 66 67 68 69

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation