A journey worth planning for

Article last updated: 20/05/09

Your roadmap
Like a road map, a financial plan can help you decide where you want to go and how to get there. There are various ways to achieve your financial goals. Your road map can also help you avoid danger and roadblocks to your achievements along the way.

At the outset, you may be uncertain about how you will reach your long-term goals, for example enjoying a comfortable lifestyle in retirement.

You may not have considered what would happen if a misfortune occurred in your lifetime.

It’s tempting to put the risks you may face to the back of your mind and assume they can’t happen to you. But understanding the potential obstacles to your goals can help you put into practice strategies to make these risks work in your favour.