1. Set Your Goals
Before you can actually define your investing goals, you need to ask yourself what you want to achieve. Is your goal a down payment on a house, paying for college, retirement, or something else?
Write them down.
Writing down practical and attainable investing goals makes them more real (and helps keep them top-of-mind). For help getting started, use this Financial Goals Worksheet.
Sort by time.
Use this worksheet to divide your investing or savings goals into short-term, medium-term (one to five years), and long- term (more than five years).
Decide how much you'll need.
Based on your goals, find a calculator to figure out how much money you’ll need.
Financial Goals Worksheet
Calculate what you'll need.Get an idea of the amount it may take to get to your target investing goal using the calculators below. You can print a copy of your results, but to protect your privacy the information you enter will not be stored when you leave this page. Schwab clients can also log in to find a more robust retirement calculator.
See how saving consistently can add up.
- Enter Your Information
- Get Your Analysis