How will I know if I'm on track to reach my goals?

As financial advisors, it is important to us that you accomplish your goals. Consequently, the quarterly reports and planning updates we provide are designed to show you where you stand on the road to meeting you goals.

There are a couple of ways that you will know if you are on track to reach your goals:

From a financial planning perspective, we periodically update your financial plan. It is best to update your financial plan every three to five years depending on how much your life circumstances have changed. These updates will help re-establish or confirm your goals and strategically determine the most efficient way to meet your goals while incorporating any new planning techniques available.
From an investment management perspective, the trend line chart in your quarterly report will make it very clear whether you are on track to reach your goals. The trend line is a cumulative report that compares your current account balances against your projected account balance as determined by your target rate of return. Your trend line target rate of return is typically driven by your planning goals. In other words, your financial plan will determine the rate of return you need to achieve to reach your goals. The trend line is based on this target rate of return.

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