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Setting Short- and Long-Term Financial Goals

A New Virtual Lunch & Learn Series,
“Financial Independence: It’s Not a Sprint, It’s a Marathon”


Part 1: “Setting Short- and Long-Term Financial Goals”

Watch a recording of our 3/24/2021 webcast.

There are many similarities between training for a marathon and achieving financial independence. Both take desire, time, and effort, and as the saying goes, it’s not a sprint but a marathon of discipline.

Just like any fitness plan, once you have reached your goals, you must maintain them. But let’s back up. We need to get you to the Starting Line of the Financial Marathon.

The Starting Line

At the Starting Line, it’s a time when you reflect on how well your financial life is going. Are you accumulating wealth, living paycheck-to-paycheck, or amassing debt?

Mile by Mile

To get financially fit, you have to first figure out what your short- and long-term financial goals are for yourself and your family. If you have goals set for longer than five years, a savings strategy could look a bit different. Some financial goals aren’t about saving money but are about taking action. These financial goals don’t have dollar values but are equally important, such as creating a budget or updating your will.


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