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

Is your Legacy in a Dynasty…Trust?

Published by Mark Petersen Many people struggle with determining how much inheritance to leave their children and future generations. As Wealth Planners, we often here the goal, “I want to leave enough wealth to my children to provide them with opportunity. However, I do not want to leave t …

Stock Investing is Not Gambling – But it Can Be

Published by Brett Carson I have two pet peeves when it comes to discussing stocks with individual investors, whether it’s friends, family, a doctor or a cab driver.  The first is when someone asks what price a stock is selling for and then coming to the conclusion that it’s cheap or expens …

Dear Santa, No Puppies

Published by Beth Schanou During this time of year it is very common to see commercials or holiday movies with an adorable puppy or kitten as a Christmas gift. That scene and lasting image it leaves in our mind is very heart warming. While it may seem brilliant in that moment, gifting a pup …

Is Survivorship Life Insurance Right for You?

Published by Mark Petersen Do you own a family farm or privately held business which you would like to keep in the family? A survivorship policy works well and may be recommended to create estate tax liquidity when a significant taxable estate value is held in one or more illiquid assets. F …
1 2 3 105 106 107 108

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