Step 1: Determine Your Financial Goals The first step in creating a five-year financial plan is determining your financial goals. This is a good time to think about what you want to achieve in the ...

Perhaps you expect to see 5% to 7% increases every year (because ... A strong financial plan is one that allows for a pivot without forcing you to give up what’s most important to you.

What’s your endgame and what do you hope to be able to achieve with your financial plan? “A financial plan is like building a house. Before putting up any ... coming year. Then, start again ...