Master List of Goals

As financial advisors we know goal setting is fundamental to sound financial planning. Whether you have short or long term goals, it is essential to identify and prioritize them before making or receiving recommendations. Often, clients may have difficulty expressing and assigning precedence to their goals. Or, they may simply overlook a need or objective. As an financial advisor, we are tasked with the challenge of uncovering and framing clients’ goals or objectives. 

In response to this topic, experts have created this “Master List Of Goals.” This resource is inspired by the work of  Ray Sin, Ph.D.; Ryan O. Murphy, Ph.D.; and Samantha Lamas, who authored “Goals-Based Financial Planning: How Simple Lists Can Overcome Cognitive Blind Spots” in the Journal of Financial Planning. 

These foundational questions help you expand and have a understanding and awareness of possible goals to consider, including: 

• Retirement and lifestyle goals

• Tax planning & healthcare goals

• Self-development and professional goals

• Estate planning and wealth transfer goals

Lets connect and go over these topics together! Regardless if you work with a financial advisor or not, it is always a good idea to get a second opinion or set of eyes on things from a fiduciary.