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    3 Steps to Achieving Your Financial Goals

    September 03, 2019

    Retirement may be the most important financial goal you hope to achieve, but it’s likely not the only goal. The path to reaching any short- and long-term goal starts with having a strategy in place. Here are three steps to guide you.

    1. Determine what’s most important to you. Maybe you want to plan for a child’s future wedding, remodel your kitchen or take that dream trip you’ve always talked about. The first step to achieving your goals is figuring out what’s on your list.
    2. Prioritize and weigh the trade-offs. Write down each goal, estimate how much it will cost, and determine when you want to achieve it. By ranking your goals in order from most to least important, you’ll find it easier to separate the “need to haves” from the “nice to haves.”
    3. Share your goals with your financial advisor. He or she can review your goals and help you find ways to achieve them. This could include discussing "what if" scenarios that help you prepare for obstacles that may come up or suggesting actions you could take to realize them sooner.

    Finally, enjoy the journey. Half the fun of setting goals is dreaming about them as you work to make them a reality.

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