Goal Planning
get in touch
What is Goal planning?
A layout of financial needs and wants that one wants to procure within a specific period of time. Financial goals can be short-term, mid-term, and long-term depending on the monetary value of the desired asset. Goal planning helps you in better financial management; creates more assets and helps in managing the finances in an easier way.
Why Goal planning?
A well-laid course of action results in productive consequences without any wastage of time, effort, and money.
Sensible Cash Flow Management
Smart Budget Allocation
Cost Reductions
Risk Management
Why us?
Draw a customized financial plan that would help you achieve your life goals confidently.
Strong researched backed investment products that are beyond Mutual Funds.
Our team of trained professionals acts like a coach tracking your financial progress to ensure that you achieve your life financial goals
We educate, empower and enable clients to achieve their goals, leaving them in a much better situation from where we acquired them. We have a strong client-centricity that thrives on ethical advice & being responsive. We believe that consistently delivering to clients' expectations will help us to build excellence in our service. We have acronymed these values as E-SPIRE.
What do you get in the customized goal planning?
- Goal Planning is a sub-set of the comprehensive Financial Plan.
- It is a roadmap that helps you achieve your financial goals confidently.
- Goal Planning enables you to allocate your hard-earned money to fulfill all your short-term, medium-term, or long-term goals, such as Children's Higher Education, Recurring Vacations, Buying Assets (House, Car, etc.), Children's Marriage, and Retirement.
Fincart's Planning Process
Planning involves the following simple steps:
- Understanding your goals
- Estimating the amount of money required in the future.
- Picking the best-suited investment products will ensure you achieve your goals confidently.
- Keep regularly reviewing your financial progress and ensuring that you remain on track to achieve your essential life goals.
faq's
Goal-based investing solely focuses on your Dreams and Aspirations. It is a subset of the comprehensive Financial Plan. It enables you to allocate your hard-earned money to achieve all your short-term, medium-term or long-term goals such as Children's Higher Education, Recurring Vacations, Buying Assets (House, Car, etc.), Children Marriage and Retirement.
Financial goals are classified into 3 types:
- One is the short term goal consisting of smaller financial targets that could be achieved within a year. For example, getting a new computer or planning a marriage, or home renovation.
- Mid-term goals could take about 5 years to achieve. These are the types of goals that you have planned later down the road. For example, getting a car or saving for a home loan down payment.
- Long-term goal- They require proper planning and determination as the duration increases 5+ years. Since you won’t need the money right away, consider investing the money you are saving for a long-term financial goal. For example, saving for a child’s education investing for your retirement, etc.
Setting financial goals will let you know how much more you need to save and invest. in order to be able to realize your goals. In simpler terms, you are quantifying your goals into measurable numbers.
Yes, nobody knows your goals better than you so you can plan them accordingly to your requirements.
Hiring a professional goal planner acts like a coach tracking your financial progress to ensure that you achieve your life's financial goals.