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#1

Outlook~Email~SuPPorT~Number 1~85O~32.9-366.7 Helpline=PHone Number One of the most important elements in Financial Planning is Goal Setting. What is it that you want in life? What’s important to you? Many of us really have no clue. We just want to be financially secure but what does that mean?

Goals are different depending on your age and position in life. If you are young, saving for and planning for a wedding might be the most important thing to you. Already married with children on the way? Moving out of the apartment into your first home might be the priority. And with children, for sure, education expense planning is important. Probably number one on the list of most people is RETIREMENT PLANNING.

Whatever your goal might be or how many goals you have, the important thing is to be specific. The more specific you are about what you want, the more effective the planning process will be.

  1. Define your goal. In this example, let’s use I want financial independence in our retirement years.