PRISM: Prioritizing Your Goals

Hello PRISM Academy Students,

The American Association of Individual Investors held a live webinar event on Wednesday, July 13, 2022 hosted by AAII’s Charles Rotblut and Jenna Brashear. PRISM is a cyclical process that can adjusted when changes occur in your life. To illustrate how to use this process, we are circling back to Step P, Prioritizing Your Goals. 

In this first step of the PRISM Wealth-Building Academy, we further explain the importance of defining your goals. You identify your main goals, learn what their key components are from a financial standpoint and how their timing impacts your investment decisions. You won’t want to miss out on this interactive, live event where you can ask questions, participate in polls and adjust your goals if anything has changed.

Watch this webinar replay and learn:
- What the key components of your goals are and how to implement them as you define your primary objectives
- How the timing of your goals, such as how far away they are and their duration, play key roles in this process
- How to determine the amount of wealth needed to fulfill each goal

Additional Links and Resources

The PRISM Academy
The PRISM Academy Community Library
The PRISM Wealth-Building Process Resource Guide 
AAII Asset Allocation Models 
AAII PRISM Wealth-Building Process Syllabus 

Worksheets
Prioritizing Your Goals Worksheet 
Timing of Goals Worksheet 
Wealth Required to Fulfill Each Goal 

The PRISM Wealth-Building Process Articles
A Process for Creating Your Own Investing Plan
Defining Your Investing Goals
Why Your Goals Should Drive Your Investment Decisions 
A Plan for Achieving the Financial Goal of Building Retirement Savings

Register for upcoming webinars: https://www.aaii.com/webinars 

Want more financial education? Learn more about AAII at https://www.aaii.com