PRISM: Prioritizing Your Goals

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk. 

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk. 

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk. 

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk. 

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk. 

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk. 

Reflect  

We want our members to reflect on three different aspects of how to accurately evaluate timing in relation to your goals and risk tolerance. These three elements focus on: how far away your goal is, your spending duration as well as withdrawals in relation to your wealth. These key questions will help you determine your individual investor timing risk whether it be short-term, intermediate or long-term. 

Engage  

We ask that you watch the video, fill out the left side of your risk assessment questionnaire and then respond with your results. 
Note: Please fill out a separate Risk Assessment worksheet for each of your goals. 

In the comments, we encourage our members to share their results from their own Risk Assessment Questionnaires as well as consider these two questions: 

1. When you filled out the three key elements to determine your timing risk, what was your result for each goal? 
2. What do you think your timing risk result tells you about your investment goals? 

Example:  

1. I filled out the worksheet for my top three goals which are: retirement, pay for my parent's long-term care and expenses, as well as pay off my mortgage to live debt free.

1. Retirement: my score was 15 which indicates long-term timing risk. 
2. Parent's long-term care/expenses: 12 which indicates long-term timing risk. 
3. Pay off mortgage: 13 which indicates long-term timing risk.