What is Goal Based Planning?
We start by listing your goals, like your child's education, a wedding, a business or your retirement. Each one gets a date and a rough cost, after allowing for inflation.
Then we work out how much to save for each goal and where to invest it. A goal twenty years away can take more risk. One that's two years away shouldn't take much.
Who it's for
- You save regularly but don't know if it's enough
- You have several goals and limited money
- You've never sat down and made a plan
How we can help
- Put a realistic amount and date on each goal
- Set up investments for each goal and reduce risk as the date gets closer
- Check your progress and change the plan when your life changes
Risks to know about
- Every plan assumes a rate of inflation and returns, and the real numbers will differ
- Your goals will change, so the plan needs regular checking
- A plan doesn't guarantee you'll reach a goal
Ask us about Goal Based Planning
Fill this in and we'll give you a clear yes or no, with a timeline.
Questions people ask
No. It's actually more useful when you're starting out, because you have more time on your side.
About once a year, and whenever something big changes, like a new job, a child or a loan.
