Menu Close

IRA Financial Group Blog

Going After Your Goals

going after your goals
3 Minute Read
Key Points
  • Visualize your goal in terms of how it will enhance your life and then apply the “what came before that” to better achieve your goals.
  • Review yourself each year to ensure you’re staying on track.

After you’ve planned your goals, set your milestones, and initiated your plan for the future, you have to go after your goals. If you’re stuck at the point where you’ve chosen your 2020 goal but don’t know what to do next, here are some ideas.

Visualize Your Goal

Think about what goal you’ve chosen, and really focus on why you’ve picked it. What do you want as the outcome of your goal? What feeling do you want to achieve when your goal is completed? Can you picture yourself having the outcome satisfactorily? Really visualize the goal as it will enhance your whole life, all the changes it has made in your existence, and what it’s like to have completed that part of your dream. It’s important to see the outcome in your mind successfully, so that you have a picture to call up on dark days.

Apply This Practice:

If once you visualize the outcome you can’t exactly figure out how you got there, there are a number of things you can do to help yourself out. You see success as the final step, what did you do right before that? One of the most helpful ways to get yourself the proper steps to complete a goal is to practice “what came before that?”

Let’s say your ultimate goal is saving enough money to retire to the tropical islands. You can see yourself, at whatever age you choose, living the good life, with the partner of your dreams, happy and satisfied with where you are. How did you get there?

Right before your retirement, you made absolutely certain that you had enough money to retire and do the things you wanted to do. That may mean you had a meeting with your financial advisor, or else you undertook a complete review of your financial situation to be sure of your standing.

Review Yourself Each Year

And before that, you undertook annual reviews of your finances or had annual review meetings with your financial advisor. Each year you looked at what you needed, where you wanted to be, and how you were going to get there.

So, each year you’ll undertake a review. What else will you have done to reach your ultimate goal? Let’s stick with the goal of retiring by a certain age, and you want to start saving for it now. Again, great goal.  If you don’t have a retirement plan, this is a great time to develop one. If you’re self-employed you can look into a Solo 401k, and when you pick a location to help with one, find a trusted financial advisor.

What else can you do when you’re starting out but have an endgame in mind? Reach out to people, and see who has a financial advisor they respect. Speak to others about money – where are they investing? Are they using a Self-Directed IRA to purchase real estate? What are the returns like? Is there a social implication someone supports that you want a part of as well?

Achieving Your Goals Takes Time

Make your 2020 goal to start your financial plan, and work it all the way out – for example, one year to initiate it after finding some information out. Several years to develop additional goals and projects that can help you reach your dreams. And an ultimate goal of how long you’d like your whole project to take – ten years? Forty? Achieving your goals may take time. There can be a lot of leeway as you make your plans and reach for your dreams.

Related Articles