{"id":8506,"date":"2020-12-26T04:00:34","date_gmt":"2020-12-25T22:30:34","guid":{"rendered":"https:\/\/capitalante.com\/?p=8506"},"modified":"2020-12-26T04:00:34","modified_gmt":"2020-12-25T22:30:34","slug":"goal-based-planning","status":"publish","type":"post","link":"https:\/\/capitalante.com\/goal-based-planning\/","title":{"rendered":"Goal Based Planning: Definition, Advantages, Strategies"},"content":{"rendered":"

Are you planning for retirement or specifically early retirement? Want to live a worry-free retirement life?<\/span><\/p>\n

Then you must apply goal-based planning to cover all of your future expenses like to own a house, buy a car, education cost of children, and above all retire with $3 million in your bank account to live a happy retirement life. This article will give you a snapshot of Goal-based Planning.<\/span><\/p>\n

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What is Goal-Based Planning?<\/span><\/h2>\n

Goal-Based Planning helps a retail investor to find the exact financial goals. It offers investment solutions to meet the goals in the future. Goal-based planning means you plan early about future obligations yet to come. You make a roughly estimate about the money you will need after your retirement for livelihood, education, and marriage cost of your children or any other obligations. When you are hunting high and low to achieve financial inclusion then you should apply goal-based planning.<\/span><\/p>\n

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While opting for goal-based planning you should consider how you will lead the retirement life or what exact amount of money you should have in your bank account when you are going to retire. Here are the few goals that can be achieved when you apply Goal-based planning,<\/span><\/p>\n