Guide To Wealth Goals

How to save for a rainy day and plan for a comfortable retirement.

Reaching wealth goals and achieving personal ambitions are major objectives of the financial planning process. In order to make plans for the future, you need to know where you are today and where you want to be in the future.

Wealth goal-setting is very much like creating a business plan. You need to know a starting point and ending  point, the time frame for ‘exiting’ (or reaching your goals), and the estimated cost involved.

Types of wealth goals

The three most common types are:

• Retirement planning or property purchase over the very long term (15 years or more)
• Life events, such as school fees over the medium term (10-15 years)
• Rainy day or lifestyle funds to finance goals such as a dream sports car over the medium to shorter term (5-10 years).

Wealth goals that really matter most

It’s important to consider and plan for which wealth goals really matter most. Instead, many people muddle through their financial lives, spending to meet the day-today expenses that dominate their attention. That’s why to get what you want most you must decide which wealth goals will take priority and work toward the lesser goals only after the really important ones are well provided for.

Is it time to review your wealth goals?

Please contact us to discuss your requirements – we look forward to hearing from you.
Phone: 0141 643 9200
Email: info@adplus.co.uk

Download our guide to learn more.

NOTES: Pension and investment advice will be given by our sister company, ad+ Financial, which is regulated by the FCA.

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