Ranking Your Goals: A Smart Move

Like most people, you may have several financial goals. But can you reach them all?

It would be simple if you had great wealth. But you’ll likely need to rank your goals in terms of their importance to your life and then follow appropriate strategies to achieve them. By doing so, you may end up getting pretty close to covering each of your objectives, in one way or another.

When prioritizing your goals, consider following this process:

• Identify goals as “must have” or “nice to have.” Making sure you don’t outlive your resources is a must-have goal, so you need to be as certain as possible of...