NAME: - VISHWAS S REG.NO.

: - 16ETCE001043(FET)

WORKSHEET 1 - PERSONAL FINANCIAL GOALS WORKSHEET

Make sure your goals are realistic and stated in specific, measurable terms. In addition, prioritize your goals and identify a
specific time frame within which you would like to accomplish them. The listing below is not meant to be all-inclusive, but merely
to provide a framework within which goals can be formalized.

Short-Term Goals (less than 1 year)

DESIRED
PRIORITY ACHIEVEMENT ANTICIPATED
GOAL LEVEL DATE COST
Accumulate emergency funds equal to 4 01-03-2020 4,000
3 months' living expenses
Pay off outstanding bills 1 01-06-2020 250
Pay off outstanding credit cards 0 0
Purchase adequate property, health,
2 01-06-2020 500
disability, and liability insurance
Purchase a major item 4 01-08-2020 6,000
Finance a vacation or some other
3 01-05-2020 4,000
entertainment item
Other short-term goals (specify)

Increasing savings 3 01-12-2020 5,000

Intermediate-Term Goals (1 to 10 years)

Save funds for college for an older child 0 0
Save for a major home improvement 3 01-01-2022 15,000
Save for a down payment on a house 4 01-01-2025 5,00,000
Pay off outstanding major debt 0 0
Finance very large items (weddings) 2 01-01-2024 2,00,000
Purchase a vacation home or
3 01-01-2026 1,50,000
time-share unit
Finance a major vacation (overseas) 3 01-01-2024 2,25,000
Other intermediate-term goals (specify)

Giving to charity 4 01-01-2023 50,000

Purchasing a vehicle 4 01-01-2021 2,00,000
Long-Term Goals (greater than 10 years)
Save funds for college for a young child 3 01-01-2032 2,50,000
Purchase a second home for retirement 4 01-01-2035 25,00,000
Create a retirement fund large enough
to supplement your pension so that 4 01-01-2040 50,00,000
you can live at your current standard
Take care of your parents after they retire 5 01-01-2028 10,00,000
Start your own business 4 01-01-2036 35,00,000
Other long-term goals (specify)

Traveling extensively in retirement 4 01-01-2040 10,00,000