Personal Finance
Goal-Based Investing
Definition
What is Goal-Based Investing?
Building separate investmentAn asset or commitment of money made with the expectation of future income, growth, or both. strategies around specific life goals.
Example in practice
How This Looks in Practice
School fees use short-term assets while retirement savings use more equities.
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Related Terms
Personal Finance
Savings
Money set aside rather than spent, often for emergencies or future goals.
Personal FinanceEmergency Fund
Liquid savings reserved for unexpected expenses or income disruption.
Personal FinanceNet Worth
Total assets minus total liabilities.
Retirement InvestingWithdrawal Rate
Annual portfolio withdrawals divided by the portfolio's starting or current value.